The S&P 500 experienced its worst May trading day in 50 years on Monday (March 13), as China announced new tariffs on American exports.
This kind of drop sent market volatility through the roof with the Volatility Index jumping as much as 27%. While volatility can rattle Wall Street's blue-chip stocks, it can be great news for penny stocks.
That's why we're bringing our readers the top five penny stocks to buy in May.
If you missed the market's all-time highs last month, our pick for one of the best penny stocks to buy in May 2019 could still help you beat the market with 50% upside.
The Nasdaq and S&P 500 had record gains in April, following another round of stellar earnings reports.
The Nasdaq ended the day at 8,146 for a gain of 0.3%, and the S&P 500 closed out at 2,939, a gain of 0.5%.
These gave penny stocks a temporary boost, but this one still has more to gain.
Hopefully, you've been using the Money Morning Stock VQScore system.
The VQScore is picking winner after winner using a proven, proprietary formula for selecting stocks.
In 2019 the VQScore has found the honeypot of all honeypots, a sector that is
generating huge profits for investors that followed our lead: solar.
This week we are going back to the well with another highly rated VQScore stock
handpicked from this top sector. As the solar industry continues to boom, today's stock is
poised to absolutely skyrocket.
While everyone wants to own the next Amazon.com Inc. (NASDAQ: AMZN) or Apple Inc. (NASDAQ: AAPL), it's easy to forget about the investors who sunk money into overhyped clunkers.
You see, even the most promising companies can run out of steam over time, burning overconfident shareholders and leaving investors holding the bill.
But you can avoid this fate by owning time-tested profit machines...
It's been an incredible run for pot stocks over the last three years. A $10,000 investment in Aurora Cannabis Inc. (NYSE: ACB) in early 2016 would have handed you more than $200,000. And $10,000 invested in Cronos Group Inc. (NASDAQ: CRON) during that same time would have netted you over $760,000. That is the power […]
This is the best pot stock to buy today...
by Daniel Smoot
The past week has been a roller coaster for the stock market.
But the best way to tackle all the volatility is by buying high-yield dividend stocks.
So don't panic.
We've got you covered with one that provides a whopping 8% yield.
The Dow Jones Industrial Average will bounce back slightly after President Trump's Monday announcement that the U.S. and China would know if a deal was possible in the coming weeks.
This was on the heels of the DJIA's worst daily performance since January.
With everything that's going on, it's really no wonder that the current markets are on a tailspin.
There's a lot driving this market, from new tariffs to escalating geopolitical tensions, but our Chris Johnson's not worried.
In fact, he's keeping a close eye on a significant risk out there so you won't be taken by surprise.
Plus, if you follow his recommendations, you'll come out comfortably ahead...
by Stephen Mack
It's no secret that aging demographics are fueling growth in the healthcare sector.
But this small-cap stock is helping people stay mobile and healthy at an affordable price.
And the stock itself is available at a bargain if you grab it now.
by Daniel Smoot
Today has been a rollercoaster for oil prices. In fact, oil prices spiked 2.6% earlier this morning (Monday) after two oil tankers were attacked near the Strait of Hormuz. A third of the world's crude oil moves through the strait between the Gulf of Oman and the Persian Gulf. Oil prices initially skyrocketed as a […]
Here's why oil prices are so volatile today...
