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Last week was a roller coaster for the Dow Jones Industrial Average. The index managed to trade in an over 500-point range as the trade war escalated.
While the Dow's wild ride rocked blue-chip stocks, it created massive dividends for last week's top penny stocks to watch.
Just look at General Molly Inc. (NYSE: GMO), an industrial metal firm located in Colorado – and last week's top penny stock.
Last week, General Molly locked in 107% gains as high volatility led to increased volume for this penny stock.
That's because penny stocks thrive in high market volatility. And uncertainty in the markets is only growing, so we've found one other penny stock for this week that could return 158%.
5G Is Coming: The tech breakthrough of the century could rest on this $6 stock – get all the details here.
After looking at last week's top penny stocks, we'll show you how you could make a killing from that No. 1 pick…
|Penny Stock||Current Share Price||Last Week's Gain|
|General Molly Inc. (NYSE: GMO)||$0.42||107.75%|
|Outlook Therapeutics Inc. (NASDAQ: OTLK)||$2.10||75.00%|
|Ascent Capital Group Inc. (NASDAQ: ASCMA)||$0.90||45.23%|
|Real Goods Solar Inc. (OTCMKTS: RGSE)||$0.15||43.26%|
|Rave Restaurant Group Inc. (NASDAQ: RAVE)||$2.64||38.95%|
|Vistagen Therapeutics Inc. (NASDAQ: VTGN)||$0.75||37.78%|
|Novan Inc. (NASDAQ: NOVN)||$1.68||33.16%|
|Horizon Global Corp. (NYSE: HZN)||$4.01||30.19%|
|Revolution Lighting Technologies Inc. (NASDAQ: RVLT)||$0.24||29.21%|
|Ampco-Pittsburgh Corp. (NYSE: AP)||$4.28||29.20%|
You can see in the table above that investors in General Molly would have pocketed more than 107% in gains last week.
But with an intensifying U.S.-China trade war and oil price tensions rippling from the Middle East, volatility continues to grow. There's never been a better time to bet on the next big penny stock.
Thankfully, the Money Morning Stock VQScore™ system has already found it.
This week, our proprietary VQScore system found a penny stock with real profit potential. It's an oil company cashing in on America's oil renaissance.
With a VQScore of 4.75, our system counts it as the perfect growth stock.
And it's only trading for $2.32 right now…