Archives for September 2018

September 2018 - Page 11 of 16 - Money Morning - Only the News You Can Profit From

The 3 Top Penny Stocks to Watch in September 2018

Investors looking for triple-digit gains for little upfront investment often turn to penny stocks for promising returns.

That's why we're bringing you the three top penny stocks to watch in September 2018.

In order to makes sure we're investing in penny stocks that can deliver the strong returns we're looking for, we use the Money Morning Stock VQScore™ system.

Using the VQScore system, we screen for stocks that have the kind of robust financials to deliver stellar returns.

We also stick to shares that are under $5 - the U.S. Securities and Exchange Commission's definition of a penny stock.

Jack Ma Is Moving On - Here's What It Means for Alibaba Stock

On Sept. 8, Alibaba Group Holding Ltd. (NASDAQ: BABA) Jack Ma announced that he would step down as the Chinese retailer's executive chair next September.

Wall Street did not take the news lightly.

Alibaba's stock dropped 5% after Mr. Ma's announcement, pushing shares to a year low and fostering rampant speculation about the future of the company.

For the last two decades, many investors have credited Alibaba's tremendous growth directly to Ma, a former school teacher who help establish the company in 1999.