The last trading week of September is historically the lousiest of the year. In fact, analysts say it's produced some of the worst returns of the annual trading cycle over the last 50 years.
But not for our 10 top penny stocks to watch this week. Our top penny stock to buy might even come close to doubling your money.
The broad market averages might be down. But that doesn't mean there aren't still many undervalued, market-beating stocks to grab.
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You see, penny stocks trade under $5. And a low share price means the stock could leap at a moment's notice - whether it be a trend, a new product, or an industry boom.
The difficulty is choosing from over 2,000 penny stocks trading on Wall Street's major exchanges. It can be tricky to know which penny stock to buy.
We use the Money Morning VQScore™ system to determine which penny stocks are going to beat the market.
The VQScore's proprietary algorithm sorts through thousands of penny stocks to find the firms that are going to deliver real returns for shareholders.
This week, it's discovered a little-known penny stock that's on the verge of jumping more than 75% in price.
After looking at last week's best penny stocks, we'll show you how you how our pick can make you a killing.
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As you'll see below, the right penny stock can deliver tremendous returns at the drop of a hat.
| Penny Stock | Current Share Price | Last Week's Gain |
| Helios and Matheson Analytics Inc. (OTCMKTS: HMNY) | $0.003 | 88.89% |
| ReneSola Ltd. (NYSE: SOL) | $1.88 | 77.36% |
| Stage Stories Inc. (NYSE: SSI) | $1.44 | 73.49% |
| Guardion Health Sciences Inc. (NASDAQ: GHSI) | $0.54 | 70.43% |
| Avadel Pharmaceuticals Plc. (NASDAQ: AVDL) | $3.37 | 56.02% |
| SPI Energy Co. Ltd. (NASDAQ: SPI) | $3.52 | 53.04% |
| Lexicon Pharmaceuticals Inc. (NASDAQ: LXRX) | $3.56 | 52.14% |
| EnSync Inc. (OTCMKTS: ESNC) | $0.006 | 50.00% |
| Cemtrex Inc. (NASDAQ: CETXP) | $1.15 | 45.59% |
| Aclaris Therapeutics Inc. (NASDAQ: ACRS) | $1.42 | 37.86% |
Now, our top penny stock to buy this week is a global firm trading for just $3.39.
But it's almost certainly poised for a 77% jump or more...
Top Penny Stock to Buy This Week
[mmpazkzone name="in-story" network="9794" site="307044" id="137008" type="4"]On Deck Capital Inc. (NYSE: ONDK) is a global online lending company that caters to small businesses.
The company has a wide reach that allows it to assist local businesses on a global scale. It has offices across the United States as well as Australia and Canada.
On Deck has seen tremendous growth over the last decade, thanks to a series of lucrative partnerships with some of the world's largest companies.
In June 2016, the company entered into a partnership with JPMorgan Chase & Co. On Deck would provide an online lending platform to JPMorgan's small business customers.
In addition to JPMorgan, On Deck Capital has a referral relationship for its lending services with some of the nation's largest accounting and finance firms. These include Quickbooks, Wave Accounting, and CreditKarma.
The company has a promising exposure to the small business and personal finance market. In just the last four years, profits have jumped by 23%.
And On Deck Capital doesn't show any signs of slowing down. Analysts say the stock is on track to jump as much as 77% as the company continues to grow.
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