Investors who jumped in on this week's top penny stocks made profits as high as 1,200%, 676%, and 240% in just a matter of days.
That's what makes penny stock investing so attractive to investors. Adding small-cap stocks like these can transform any portfolio in a short period of time.
While penny stocks that trade "Over-the-Counter" (OTC) can pose risks - illiquid shares, incomplete financial reporting - they are subject to wild price swings. And if you're on the right end of one of those swings, you can make serious money.
Here are this week's top penny stocks, and the massive windfalls they brought shareholders...
Top Penny Stock Gainers This Week
Protide Pharmaceuticals Inc. (OTCMKTS: PPMD) is a biotech company that deals with clinical cell therapy, regenerative medicine, transfusion medicine, cell engineering, and transplantation. The company is heavily invested in stem research and stem cell regenerative research. PPMD was the biggest penny stock winner this week, having gained an incredible 1,225%, finished at $0.20 per share. This week's closing price put the stock at the top of its 52-week range of $0.00 to $0.20. PPMD is headquartered in Lake Zurich, Ill., and has a market cap just over $800,000.
Community Valley Bancorp. (OTCMKTS: CVLL) is a financial holding company that offers a range of banking services to individuals and businesses in California. The company deals heavily with agricultural, construction, and real-estate lending. Like many penny stocks, CVLL is very illiquid, meaning big trades can cause wild price fluctuations in the stock. That was the case this week when CVLL stock shot up 676% on Friday. Because the value of CVLL is so low, it actually trades in fractions of pennies. After today's huge swing, CVLL is valued just below $0.04. The company has a miniscule market cap, near $250,000.
Those weren't the only penny stocks that brought huge profits this week; check out these three...
Yingtui Holdings (OTCMKTS: YTHL) is this week's second biggest penny stock gainer, up 240%. YTHL provides airline tickets and other transportation tickets to travel agents, resellers, and users in China. The stock dropped to just $0.15 on Monday, but was trading at $0.51 Friday. YTHL is another company with a tiny market cap, just over $500,000. Monday's value was actually the lowest the stock has been all year, and YTHL has a 52-week range of $0.15 to $0.75.
SmartHeat Inc. (OTCMKTS: HEAT) designs, manufactures, and sells plate heat exchangers, which are used to reduce pollution from industrial, commercial, and residential heating systems. The company operates in China. This week, HEAT stock jumped 150% from $0.10 to $0.25. SmartHeat has a market cap of $1.51 million, and the stock has a 52-week range of $0.05 to $0.60. The stock jumped this week following a report from Global Industry Analysts Inc., which detailed the growing demand for heat exchangers globally.
New Leaf Brands Inc. (OTCMKTS: NLEF) is another stock that trades in fractions of pennies, and investors can actually purchase two shares of NLEF for one cent. New Leaf is a beverage holding company based in Connecticut that acquires brands, distributors, and manufacturers in the beverage industry. New Leaf is the company's flagship brand. NLEF stock cracks the list of top penny stocks this week, having gained 137% in the past five days. New Leaf has a market cap of $1.64 million and is down from its 52-week high of $0.04.
Do you invest in penny stocks? Which penny stocks do you have your eye on? Let us know on Twitter @moneymorning using #PennyStocks.
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