Start the conversation
Leave a Reply
This site uses Akismet to reduce spam. Learn how your comment data is processed.
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.
Billions Are Now in Play: Millions of Americans could collect "Federal Rent Checks" – to learn how to claim your portion of an $11.1 billion money pool using this backdoor investment, click here now…
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?