3 Penny Stocks to Buy Now with Breakout Potential

The yield curve just keeps inverting, but that won't stop these three penny stocks to buy now from absolutely soaring in 2019.

Does the inverting yield curve mean the market will turn completely south like many "experts" predict?

Of course, an inverted yield curve is the single best predictor of a bear market, but that does not mean trouble is imminent.

The last time the yield curve inverted, it took almost two years before the market collapsed.

Today's dance with inversion seems to be telling the same story.

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Aside from global trade tensions, there is no sign of pending doom for the U.S. economy.

Oh, and on those trade tensions, when are people going to realize there is zero chance Trump doesn't reverse course?

As Adam Smith says, people act in their own economic self-interest... always.

For Trump, that means if he wants to be reelected, the trade war will have to end soon.

I'm not the least bit concerned.

That leaves us with a market that's relatively cheap in advance of one last blow-off rally before an eventual recession.

Where better to invest?

Penny stocks, of course - the ultimate "risk-on" trade for investors looking to make a big score.

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With interest rates so low, equities are the only game in town.

The market is almost demanding investors move money into stocks.

When the trade war ends, we could see explosive gains in the market.

New highs will likely be reached with the helping hand of the Federal Reserve.

Easy money policy is coming. Do not be fooled by a central bank pretending to be hawkish.

The right play here is to print money and lots of it.

That's what I'm expecting, and I want to be positioned accordingly.

This means diving headfirst into the top penny stocks rated highly by the Money Morning Stock VQScore™ system.

And the VQScore system just identified the three best penny stocks to buy today...

Penny Stocks to Buy Now, No. 3

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The trade war has destroyed steel stocks. It would stand to reason then, that when the trade war ends, steel stocks will be big winners.

Russian steel company Mechel PAO (NYSE: MTL) is a top choice.

On the micro level, Mechel is a mess, but don't be discouraged.

Huge debts are the problem. But the company recently provided an update that suggested it would be taking care of its obligations with negotiations of state-run banks in Russia. At $1.75 per share, this penny stock is not for the risk-averse crowd. If the company doesn't pay its debts, there may be minimal equity value remaining.

The good news is that if the trade war ends and Mechel has successfully restructured debt, the stock could double or triple in value from current prices.

This is definitely a penny stock to buy now.

Penny Stocks to Buy Now, No. 2

Emerging markets like Spain are in disarray. The collapse in yields started overseas and is an underlying contributor to the inverted yield curve we see today in the United States. The two largest economies spatting on trade does not help matters.

When the trade war ends look for penny stocks like Argentina financial stock Banco Bilbao Vizcaya Argentaria SA (NYSE: BBVA) to do very well.

As interest rates fell, profits at banks like BBVA fell as well. Tight margins make for difficult times attracting investors. Of course, the opposite is also true. As rates go up, and they will go up at some point, look for BBVA to soar.

At the moment, shares of Bilbao trade below $5, but that won't be the case much longer.

Earlier this year, the stock was close to $6. In the right environment for investors, Bilao could ultimately double in value or more. Buy this penny stock today before that happens.

Penny Stocks to Buy Now, No. 1

A global economic slowdown has dented oil prices ever so slightly.

Still, oil stocks like W&T Offshore Inc. (NYSE: WTI) have cratered. Shares are down over 30% since peaking in April of this year. That coincides with just a 13% drop in crude prices from $62 per barrel to $54 per barrel.

The loss in share price is not in proportion to the drop in crude. That's an arbitrage that can be exploited by astute investors.

Once the global trade war ends, oil prices will return to prior levels. Will oil stocks do the same? They should and then some.

W&T is expected to be profitable next year, and profits tend to be absent for most penny stocks.

With a strong global economy, this one can double in value or more.

Robert Herjavec: Indisputable Proof That Anybody Can Get Rich Through Angel Investing

When Neil Patel launched the Angels & Entrepreneurs Summit, he had only planned to invite a small group of guests to join him and guest "Shark" Robert Herjavec... but then Neil revealed something truly shocking.

During this clip (about halfway through the event), he reveals indisputable proof that anybody can transform their life through angel investing.

We knew we had to show this event to everyone - the information is just too valuable to keep under wraps.

You owe it to yourself to watch this right now.

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