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%.
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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...
The Top Penny Stock to Buy This Week
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Hi-Crush Partners LP (NYSE: HCLP) is an oil infrastructure company that develops drilling operations for the nation's oil companies.
Hi-Crush is one of the leading manufacturers of monocrystalline sand, an essential material for the construction of oil wells. In fact, the company manages to produce 17.3 million tons of the stuff per year.
This level of production puts Hi-Crush is in a perfect position to cash in on America's booming oil production.
According to analysts at World Oil, oil drilling is expected to rise by 2.5% in 2019, outpacing 2018's growth of 1.6%. Oil prices have shot up 0.8% this week, with Brent crude at $72.75 per barrel and West Texas Intermediate at $63.18.
In the United States alone, the nation's shale drilling sector is expected to drill 20,000 new wells. And that drilling is going to require a ton of monocrystalline - a resource Hi-Crush can provide in spades.
Over the last four years, Hi-Crush has managed to increase its gross profits by a staggering 164%.
It shows no signs of slowing down. Analysts believe growing oil demand could push Hi-Crush stock to $6 - a 158% increase in share price over today's $2.32.
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