One of the Best Penny Stocks to Buy in November - 111% Upside

If you're looking for a great stock to buy before 2019 is over, we have one of the best penny stocks to buy in November. In fact, our best penny stock just received our perfect "Buy" score.

It can be challenging finding penny stocks worth your time when there are thousands to choose from. But we used our Money Morning Stock VQScore™ to scan the best stocks on the market to find those with breakout potential.

This proprietary algorithm ranks penny stocks between 1 and 4.9. The higher the score, the better the buy. And our top penny stock to buy now just received a score of 4.9, so it's poised for money-doubling growth...

If you're looking for more stocks to buy in November, sign up for customized stock picks from the greatest stock pickers in the industry.

Because penny stocks sell for $5 a share or less, relatively small moves in price can reward investors with huge gains. That said, the upside can be stellar enough to make a week of triple-digit returns.

Currently, this top penny stock to buy now is selling for less than $2 per share. And it could soon skyrocket by 111%...

One of the Best Penny Stocks to Buy in November

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Russia-based Mechel Mining Co. (NYSE: MTL) is a leading metal and mining company in the country. It targets silver, coal, steel, and iron ore production.

MTL has been in operation for 16 years and has nearly 60,000 employees in its multiple subsidiaries. It engages in business throughout Russia as well as globally in Europe, Asia, and the Middle East.

A large percentage of its growth over the past 10 years has stemmed from its focus on worldwide expansion through significant takeovers.

Mechel has completed nine takeovers since 2004. As a result, it enjoys areas rich in minerals across the subcontinent of Russia and around the Pacific Rim.

While MTL saw losses in 2015, the firm quickly returned to profitability the following year. Since then, profits have climbed 76%. Plus, its debt has been pared to the lowest level in 10 years.

Right now, the company's price/earnings ratio (P/E) is just 1.98, much less than 2016's 13.25 P/E.

Analysts forecast that the share price could skyrocket to $4. Right now, it sells at $1.90. That's a potential 111% upside over the next 12 months...

But if you're looking for even greater potential upside, you could become an angel investor for as little as $50...

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