Share This Article

Facebook LinkedIn
Twitter Reddit
Print Email
Pinterest Gmail
Yahoo
Money Morning
×
  • Invest
    • Best Stocks to Buy
    • Stock Forecasts
    • Stocks to Sell Now
    • Stock Market Predictions
    • Technology Stocks
    • Best REITs to Buy Now
    • IPO Stocks
    • Penny Stocks
    • Dividend Stocks
    • Cryptocurrencies
    • Cannabis Investing
    • Angel Investing
  • Trade
    • How to Trade Options
    • Best Trades to Make Now
    • Options Trading Strategies
    • Weekly Trade Recommendations
  • Retire
    • Income Investing Guide
    • Retirement Articles
  • More
    • Money Morning LIVE
    • Special Investing Reports
    • Our ELetters
    • Our Premium Services
    • Videos
    • Meet Our Experts
    • Profit Academy
Login My Member Benefits Archives Research Your Team About Us FAQ
  • Invest
    • Best Stocks to Buy
    • Stock Forecasts
    • Stocks to Sell Now
    • Stock Market Predictions
    • Technology Stocks
    • Best REITs to Buy Now
    • IPO Stocks
    • Penny Stocks
    • Dividend Stocks
    • Cryptocurrencies
    • Cannabis Investing
    • Angel Investing
    ×
  • Trade
    • How to Trade Options
    • Best Trades to Make Now
    • Options Trading Strategies
    • Weekly Trade Recommendations
    ×
  • Retire
    • Income Investing Guide
    • Retirement Articles
    ×
  • More
    • Money Morning LIVE
    • Special Investing Reports
    • Our ELetters
    • Our Premium Services
    • Videos
    • Meet Our Experts
    • Profit Academy
    ×
  • Subscribe
Enter stock ticker or keyword
×
5 Ways to Beat the Fed (and Crush Inflation)

Email this Article

Send with mail | ahoo instead.
Required Needs to be a valid email
Required Needs to be a valid email
2 Top Penny Stocks to Watch in June, Plus One Small Cap to Buy
https://mney.co/2LoROpa
Required Please enter the correct value.
Twitter
Stocks: AAPL, amzn, BLNK, NFLX, PTNR

2 Top Penny Stocks to Watch in June, Plus One Small Cap to Buy

By Money Morning News Team, Money Morning • June 5, 2018

View Comments

Start the conversation

Comment on This Story Click here to cancel reply.

Or to contact Money Morning Customer Service, click here.

Your email address will not be published. Required fields are marked *

Some HTML is OK

Penny stocks are the perfect investment for investors looking to collect double- or triple-digit gains with little initial investment. However, the right penny stocks can be difficult to find.

To give our readers an edge in the marketplace, we're releasing the two top penny stocks to watch in June. But we aren't stopping there. We're also going to show you a small-cap stock with serious profit potential ahead of it.

Top penny stock

You see, while some penny stocks have the potential to deliver strong returns, many of them are unlikely to provide those triple-digit profits to shareholders. And many penny stocks are merely scams or worthless shell companies that will simply waste your money.

In order to protect your investments, we follow five rules for investing in penny stocks - take a look at them on the right.

Rules for Safely Trading Penny Stocks

  • No more than 2% of your overall stock portfolio should consist of penny stocks.
  • Avoid stocks with average daily trading volume of less than 500,000 shares.
  • Avoid penny stocks being aggressively promoted on public discussion forums or websites not focused on investing.

Here are the top three warning signs of a shell company scam, according to the SEC and FINRA...

  • If a company has been dormant for many years and then brought back to life.
  • If a company has changed its name and, especially, business focus multiple times.
  • Check for massive reverse stock splits like 1-for-20,000 or 1-for-50,000.

And to help you find serious profit opportunities, we've also delved into small-cap stocks - those with market caps between $300 million and $2 billion - with the potential to generate great returns.

You see, small-cap stocks have a real advantage over penny stocks thanks to their strong financial backing and growth potential.

Using the Money MorningĀ Stock VQScoreā„¢, we've found a small-cap stock that is on the cusp of huge gains.

Before we get to our small-cap pick you need to buy, here are the two top penny stocks to watch in June...

Top Penny Stock to Watch in June, No. 2:Ā  Blink Charging Co.

Blink Charging Co. (Nasdaq:Ā BLNK) is the largest owner and provider of electric vehicle charging stations in the United States.

On May 11, BLNK shares soared over 288% in one week after announcing a partnership between Blink and the city of Miami, allowing the company to install charging ports in Miami's parking garages.

Stunning Video Footage: Watch this guy become $4,238 richer in under a minute - then follow his simple instructions to learn how you could pocket a potential $2,918 in just one move. Click here...

BLNK also signed a deal in May with Whole Foods to install electric vehicle chargers in its parking lots.

BLNK has continued to rise impressively after May's surge. The shares currently trade at $6.50 versus just $1.48 on May 4, 2018 - a gain of more than 339% in less than a month.

Blink illustrates how lucrative the top penny stocks to watch in June can be for investors, as they move from promising technology to partnerships with major organizations.

However, our next penny stock saw an even bigger spike in its price...

Top Penny Stock to Watch, No. 2: Partner Communications

Partner Communications Co. Ltd. (Nasdaq: PTNR) is an Israeli-based mobile network operator, as well as an Internet and telephone provider. Founded in 1999, Partner was formerly operating under the umbrella of the French telecommunications company "Orange" until 2016.

Partner's strong growth this year is largely due to media distribution deals the company has struck over the last few years. In 2016, Partner made a deal with Netflix Inc. (Nasdaq: NFLX) to offer a free subscription to Netflix through its service.

In December 2017, the company announced a similar partnership with Apple Inc. (Nasdaq: AAPL) to include Apple Music in its subscription packages.

Even after this robust period of expansion, the company shows no signs of slowing down. Last month, Partner announced another collaboration, this time with Amazon.com Inc. (Nasdaq: AMZN).

Through the deal, Partner subscribers will now receive access to Amazon Prime Video content - an offering that is likely to have similar impact on subscriber numbers as previous partnerships have.

And Wall Street analysts agree - they've put a high price target of $22.00 on Partner. That's a 471% increase over today's price of $3.85.

These are remarkable gains. But past gains don't mean the profits will continue.

However, our small-cap pick you need to buy is likely to generate the kind of returns you can rely on...

Join the conversation. Click here to jump to comments…

Login
guest
guest
1 Comment
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
RogƩrio Miklos
RogƩrio Miklos
4 years ago

I am interesting

0
Reply
LIVE
Visit Money Morning Live


Latest News

January 19, 2023 • By Money Morning Stock Research Team

These Stocks Could Go To $0

January 9, 2023 • By Money Morning Stock Research Team

The Government Is Pouring $391 Billion Into These Stocks - Buy Now

December 27, 2022 • By Money Morning Staff Reports

6 IPOs in 2023 You Can’t Afford to Miss
Trending Stories
ABOUT MONEY MORNING

Money Morning gives you access to a team of market experts with more than 250 years of combined investing experience – for free. Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors.

QUICK LINKS
About Us COVID-19 Announcements How Money Morning Works FAQs Contact Us Search Article Archive Forgot Username/Password Archives Profit Academy Research Your Team Videos Text Messaging Terms of Use
FREE NEWSLETTERS
Total Wealth Research Power Profit Trades Profit Takeover This Is VWAP Penny Hawk Trading Today Midday Momentum Pump Up the Close
PREMIUM SERVICES
Money Map Press Home Money Map Report Fast Fortune Club Weekly Cash Clock Night Trader Microcurrency Trader Hyperdrive Portfolio Rocket Wealth Initiative Extreme Profit Hunters Profit Revolution Warlock's World Penny Nation Quantum Data Profits Live Trading Alliance Trade The Close Inside Money Trader Expiration Trader Vega Burst Trader Flashpoint Trader Darknet Hyper Momentum Trader

Ā© 2023 Money Morning All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning.

Address: 1125 N Charles St. | Baltimore, MD, 21201 | USA | Phone: 888.384.8339 | Disclaimer | Sitemap | Privacy Policy | Whitelist Us | Do Not Sell My Info

wpDiscuz