People tend to look for a quick gainer during earnings season, but you can blow those gains out of the water with penny stocks.
That's why we're bringing you the top penny stocks to watch this week.
Analysts expect our best penny stock to gain over 300%.
An average of 80% of a stock's yearly market movement occurs during earnings season. That's because when markets react to earnings reports, there's a surge in volatility.
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And thanks to their low share price, penny stocks thrive when volatility surges.
That's exactly what happened with last week's top penny stock, Revolution Lighting Technologies Inc. (NASDAQ: RVLT). Last Wednesday (July 10), Revolution surged on reports that it received a listing extension from the Nasdaq exchange.
It closed the week with a 64% gain – and that was only on a gain of $0.17 per share.
Below are the rest of last week's top penny stocks. Then, we'll show you the perfect penny stock to cash in on this week's high volatility.
This week's stock could leave Revolution's gains in the dust. In fact, it could gain as much as 332%…
|Penny Stock||Current Share Price||Last Week's Gain|
|Revolution Lighting Technologies Inc. (NASDAQ: RVLT)||$0.42||64.17%|
|National American University Holdings Inc. (OTCMKTS: NAUH)||$0.07||55.56%|
|Flex Pharma Inc. (NASDAQ: FLKS)||$0.81||51.97%|
|Reshape Lifesciences Inc. (OTCMKTS: RSLS)||$0.10||49.25%|
|Xcel Brands Inc. (NASDAQ: XELB)||$3.15||45.83%|
|SG Blocks Inc. (NASDAQ: SGBX)||$1.02||41.67%|
|Synthesis Energy Systems Inc. (NASDAQ: SES)||$0.50||41.64%|
|Trinity Biotech Plc. (NASDAQ: TRIB)||$2.40||41.18%|
|ARC Group WorldWide Inc. (NASDAQ: ARCW)||$0.41||40.11%|
|FlexShopper Inc. (NASDAQ: FPAY)||$1.47||35.48%|
Our top penny stock to buy this week also has a perfect Money Morning Stock VQScore™ of 4.75. That means it's perfectly positioned for a breakout.
In fact, this energy exploration company is cashing in on a big industry boom underway.
Natural gas consumption grew 4.6% in 2018, the fastest since 2010. And the Energy Information Administration says it could grow as much as 7% over the next few years.
So that's a huge catalyst driving a chance for more than 300% profit…
Confirmed by a perfect 4.75 VQScore…