Share This Article

Facebook LinkedIn
Twitter Reddit
Print Email
Pinterest Gmail
Yahoo
Money Morning
×
Login Archives Your Team About Us FAQ
[mmpazkzone name="azk58712-mobile-nav" network="9794" site="307044" id="222451" type="5"]
  • Subscribe
Enter stock ticker or keyword
×
[mmpazkzone name="azk58712-mobile-sticky" network="9794" site="307044" id="222451" type="5"]
Join 100,000+ Like-Minded Investors Today
Twitter
Tags: Stocks
Stocks: FCEL, GPOR, IEA, NAKD, OASM, OVID, RETO, SLS, TCX, TRNX, XELB

10 Top Penny Stocks to Watch This Week

By Money Morning Staff Reports, Money Morning • July 9, 2019

Start the conversation

Leave a Reply Click here to cancel reply.

You must be logged in to post a comment.

On Wednesday (July 10), U.S. Federal Reserve Chair Jerome Powell will testify to Congress on the Reserve's recent monetary policy.

If Powell sounds optimistic about cutting rates later this month, stocks could surge higher. And that could mean 376% growth for one of our top penny stocks to watch this week.

You see, penny stocks thrive in volatile conditions. Their low market prices can create great returns on even small market movements.

That was the case with last week's top-performing penny stock, FuelCell Energy Inc. (NASDAQ: FCEL), which jumped 325% after a strong performance upgrade.

FuelCell is a great example of the returns you can lock in with the right penny stock. But after looking at last week's top penny stocks, we'll show you the next penny stock to watch that's on the verge of surging 376% higher.

Bonus: Want to know how to find penny stocks with the most profit potential? Download our quick tutorial, 5 Steps to Penny Stock Trading Success – it’s free! click here now.

Our top penny stock to buy this week even has a perfect Money Morning Stock VQScore™. This means that this stock is ready to soar at any moment. But first, here are the 10 top penny stocks from last week.

Penny Stock Current Share Price Last Week's Gain
FuelCell Energy Inc. (NASDAQ: FCEL) $0.75 325.17%
Oasmia Pharmaceutical AB (NASDAQ: OASM) $2.28 123.31%
Naked Brand Group Ltd. (NASDAQ: NAKD) $0.26 93.98%
Taronis Technologies Inc. (NASDAQ: TRNX) $0.27 81.33%
Sellas Life Sciences Group Inc. (NASDAQ: SLS) $0.20 73.87%
Tucows Inc. (TSE: TCX) $2.13 55.23%
Xcel Brands Inc. (NASDAQ: XELB) $2.25 55.17%
Infrastructure & Energy Alternatives Inc. (NASDAQ: IEA) $2.99 46.57%
Ovid Therapeutics Inc. (NASDAQ: OVID) $2.71 46.49%
ReTo Eco-Solutions Inc. (NASDAQ: RETO) $1.50 42.86%

Did You Catch This? Serial entrepreneur Neil Patel reveals what it takes to become the world's next angel investor. Click here to watch...

As the table shows, penny stocks can deliver great returns if you're holding them at the right time.

That's why we're so excited about this latest penny stock.

And its potential to jump 376% higher is backed by a perfect 4.75 VQScore...

Top Penny Stock to Buy This Week

[mmpazkzone name="in-story" network="9794" site="307044" id="137008" type="4"]

Gulfport Energy Corp. (NASDAQ: GPOR) is a natural gas and oil company headquartered in Oklahoma City.

The company focuses on the exploration and development of natural gas and oil properties in North America and is one the nation's largest oil producers.

A majority of Gulfport gas wells are based in the Utica Shale of Eastern Ohio and the SCOOP Woodford and SCOOP Springer plays in Oklahoma.

The company also holds acreage on the Louisiana Gulf Coast and maintains a holding in the Alberta oil sands in Canada through an approximately 25% interest in Grizzly Oil Sands ULC.

Gulfport's sheer size has allowed it to cash in on the nation's booming natural gas market. In just the last four years, the company's gross profits have jumped 254%.

That perfectly positions the company to cash in on the nation's explosive demand for natural gas. According to the U.S. Energy Information Administration, natural gas consumption could grow as much as 7% in the near term.

Gulfport's ability to capitalize on this demand has set the company up for stellar returns.

And that's why analysists see the company's stock heading to $21 - a gain of 376% over today's price of $4.47.

Famous Angel Investor Shares His "1,000x Formula" for Finding Unicorn Startups

Neil Patel is one of the most successful angel investors on the planet.

Today, he's walking everyone through his "1,000x formula" for finding the most successful startup investments - the ones with unicorn potential.

With this formula at your disposal... investing in startups is about to get a whole lot easier. (In fact, you can act now with as little as $50.)

Click here to learn more.

Follow Money Morning on Facebook and Twitter.

ABOUT MONEY MORNING

Money Morning gives you access to a team of market experts with more than 250 years of combined investing experience – for free. Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors.

QUICK LINKS
About Us How Money Morning Works FAQs Contact Us Search Article Archive Your Team Text Messaging Terms of Use
TOPICS
AI Investing Best Stocks to Buy Stock Forecasts Stocks to Sell Now Technology Stocks Best REITs to Buy Now IPO Stocks Penny Stocks Dividend Stocks Cryptocurrencies How to Trade Options Best Trades to Make Now Options Trading Strategies Weekly Trade Recommendations Income Investing Guide Retirement Articles Special Investing Reports Meet Our Experts
PREMIUM SERVICES
Money Map Press Home Fast Fortune Club Microcurrency Trader Rocket Wealth Initiative Quantum Data Profits Darknet Alpha Accelerators Brutus Alerts Resource Traders Alliance Rob Roy Trader Long-Term Equity Profits

© 2023 Money Morning All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning.

Address: 1125 N Charles St. | Baltimore, MD, 21201 | USA | Phone: 888.384.8339 | Disclaimer | Sitemap | Privacy Policy | Whitelist Us | Do Not Sell or Share My Personal Information