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Last Friday (May 29), the Dow Jones Industrial Average fell over 300 points as tensions with China and Mexico sent investors to the trading floor.
While the recent volatility is rocking Wall Street's blue-chip stocks, it was great news for last week's top penny stock, which jumped 151%. That's why we're bringing you the top penny stocks to watch this week…
After taking a look at last week's top-performing penny stocks, we'll show you another penny stock that has the potential to do the same thing.
In fact, this firm's shares could jump as much as 190%…
|Penny Stock||Current Share Price||Last Week's Gain|
|Real Goods Solar Inc. (OTCMKTS: RGSE)||$0.27||151.56%|
|China Rapid Finance Ltd. (NYSE: XRF)||$0.57||150.09%|
|National American University Holdings (OTCMKTS: NAUH)||$0.81||131.43%|
|Obalon Therapeutics Inc. (NASDAQ: OBLN)||$1.31||92.65%|
|Stellar Biotechnologies Inc. (NASDAQ: SBOT)||$1.95||87.68%|
|DelMar Pharmaceuticals Inc. (NASDAQ: DMPI)||$4.08||81.33%|
|DGSE Co. Inc. (NYSE: DGSE)||$0.72||59.96%|
|Valeritas Holdings Inc. (NASDAQ: VLRX)||$3.75||57.56%|
|Sharing Economy International Inc. (OTCMKTS: SEII)||$0.22||45.70%|
|NovaBay Pharmaceuticals Inc. (NYSE: NBY)||$0.43||44.19%|
As you can see, last week's volatility pushed penny stock returns to triple-digit gains.
But to make sure our readers can position themselves for the volatile market ahead, we've found one penny stock that's ready to break out even more than these.
THREE STATES just legalized marijuana, and these three stocks could potentially see a 1,000% boost. Click here to learn more…
According to the Money Morning Stock VQScore™ system, this stock has a perfect score of 4.75, indicating it's poised to generate real gains in the near future.
This isn't just any good stock – the trade tariffs are actually giving it a boost.
As steel prices rise, this steel stock trades for just $1.72…