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Over the last few weeks, our list of the top penny stocks to watch has featured stocks with 100% gains in just a matter of days.
But this week, our top penny stock to watch skyrocketed nearly 300% over the week.
This surging penny stock is a little-known consumer goods company called New Age Beverage Corp. (NASDAQ: NBEV).
On Sept. 18, New Age stock soared 103% on reports that Coca-Cola Co. (NYSE: KO) is considering a takeover bid for the company.
New Age continued to rally for the rest of the week, closing on Friday at a price of $6.15 – a 286% gain over Monday's opening price.
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But after New Age's explosive run last week, there may be little upside left.
After looking at last week's top performing penny stocks, we'll show you a small-cap stock with real growth potential that just popped up on our radar…
| Penny Stock | Current Share Price | Last Week's Gain |
| New Age Beverage Corp. (NASDAQ: NBEV) | $3.94 | 286.79% |
| India Globalization Capital Inc. (NYSE: IGC) | $2.18 | 181.55% |
| Ascent Capital Group Inc. (NASDAQ: ASCMA) | $2.16 | 103.85% |
| Netlist Inc. (NASDAQ: NLST) | $0.73 | 80.56% |
| Oragenics Inc. (NYSE: OGEN) | $0.92 | 71.63% |
| Astrotech Corp. (NASDAQ: ASTC) | $3.44 | 68.37% |
| Command Security Corp. (NYSE: MOC) | $2.77 | 51.09% |
| Oasmia Pharmaceuticals (NASDAQ: OASM) | $3.57 | 50.66% |
| NovaBay Pharmaceuticals Inc. (NYSE: NBY) | $2.10 | 48.15% |
| Navidea Biopharmaceuticals Inc. (NYSE: NAVB) | $0.25 | 45.72% |
While the gains these stocks made are exciting, they also highlight the danger of investing in penny stocks.
You see, if any penny stock can climb over 287% on good news, it can also fall 50%, 70%, or even 100% just as quickly.
Before making speculative investments, it's important to identify investments with the kind of robust financial health that ensure you're avoiding shell companies or pump-and-dump schemes.
That's why we use the Money Morning Stock VQScore™.
Using the VQScore system, we can identify penny stocks that are on the verge of generating tremendous profits.
In fact, it just identified a small-cap stock with the potential to jump 50% higher…
How we find penny stocks that may likely to return 500x or 1000x?