The 10 Top Penny Stocks to Buy as Markets Hit All-Time Highs

Last Friday (April 26), the S&P 500 and Nasdaq reached all-time highs after a strong round of earnings reports. But for investors who feel like they missed out on this historic run, there's still a way to get in on the ground floor...

That's why we're bringing you the top penny stocks to buy this week.

You see, penny stocks are a great opportunity to chase significant gains for little up-front investment.

However, with over 2,800 stocks trading on the NYSE and Nasdaq for under $5, it's difficult to identify which penny stocks are going to deliver triple-digit returns.

In order to find the next penny stock with breakout potential, we're looking at last week's top-performing penny stocks to help us identify hot investment trends.

After looking at last week's top penny stocks, we'll show you the next penny stock that's on the verge of breaking out.

Penny Stock Current Share Price Last Week's Gain
Yuma Energy Inc. (NYSE: YUMA) $0.39 120.89%
Regional Health Properties Inc. (NYSE: RHE) $2.30 111.01%
Quorum Health Corp. (NYSE: QHC) $1.74 65.71%
Workhorse Group Inc. (NASDAQ: WKHS) $0.87 55.34%
Nordic American Offshore Ltd. (NYSE: NAO) $4.70 53.59%
Alliqua Biomedical Inc. (NASDAQ: ALQA) $2.49 49.10%
Pier 1 Imports Inc. (NYSE: PIR) $0.70 45.06%
Determine Inc. (OTCMKTS: DTRM) $0.15 45.06%
AraTana Therapeutics Inc. (NASDAQ: PETX) $4.79 39.09%
FTD Companies Inc. (NASDAQ: FTD) $0.56 36.86%

As we can see, most of last week's top-gaining penny stocks were listed on major market exchanges. That means you don't have to chase these kinds of gains on risky pink sheets or over-the-counter exchanges.

And that's why we're so excited about our top penny stock to buy this week.

It's an international semiconductor company that's cashing in on the growing demand thanks to tech breakthroughs like 5G. (In fact, 5G is creating a tenfold profit opportunity of its own...)

And this penny stock is only trading for $2.18 a share...

The Top Penny Stock to Buy This Week

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Based in Hsinchu, Taiwan, United Microelectronics Corp. (NYSE: UMC) is Taiwan's first semiconductor company.

UMC is best known for manufacturing integrated circuits incorporated into digital processing products created by companies like Nvidia Corp. (NASDAQ: NVDA).

Because UMC is a prominent supplier to the world's largest semiconductor manufacturers, the company is well positioned to take advantage of the growing demand for semiconductors.

The rise of crypto mining, esports, and the radical new 5G technology has created a ravenous demand for semiconductors.

UMC is cashing in on the global boom too. It made $235 million in profit last year. And it shows no signs of slowing down.

UMC stock currently trade for $2.18 a share and has serious potential to keep rising as the semiconductor industry soars. Wall Street analysts are projecting a 50% gain in share price over the next 12 months.

5G Is Coming: The Breakthrough of the Century Could Rest on This $6 Stock

CNBC reports that this opportunity is worth $12.3 trillion... and it's gearing up to make an appearance all over America.

In fact, some of these devices are showing up right in your neighborhood - and I'm willing to bet you didn't even notice.

Our Silicon Valley insider mapped out all the details in this report.

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