Editor's Note: Don't Miss the 5 Steps to Making Money with Penny Stocks
Stocks surged to all-time highs last week, and that was great news for penny stocks. Diversified Restaurant Holdings Inc. (NADAQ: SAUC) jumped 142%, leading our list of the top penny stocks to watch this week.
But another catalyst is coming that could send stocks across the world surging higher...
On Thursday (Nov. 7), Chinese officials announced that they were closing in on a first draft trade agreement, paving the way for a historic breakthrough in the U.S.-China trade war.
The news sent markets soaring to all-time highs and even prompted the International Monetary Fund (IMF) to announce that the potential trade breakthrough could lead them to revise global growth forecasts upwards for the next year.
And we've found one of the best penny stocks with a chance to cash in on a new trade deal. In fact, it could jump over 160% as markets break into uncharted territory.
After looking at last week's best penny stocks, we'll show you this week's top penny stock...
|Penny Stock||Current Share Price||Last Week's Gain|
|Diversified Restaurant Holdings Inc. (NADAQ: SAUC)||$1.04||142.93%|
|Urban Tea Inc. (NASDAQ: MYT)||$0.78||73.33%|
|FuelCell Energy Inc. (NASDAQ: FCEL)||$0.43||66.63%|
|Agile Therapeutics Inc. (NASDAQ: AGRX)||$2.18||61.48%|
|Venator Materials Plc. (NYSE: VNTR)||$3.90||46.62%|
|Intertape Polymer Group Inc. (XTSE: ITP)||$17.07||44.93%|
|US Auto Parts Network Inc. (NASDAQ: PRTS)||$2.23||39.90%|
|TrueCar Inc. (NASDAQ: TRUE)||$4.78||38.55%|
|Adamis Pharmaceuticals Corp. (NASDAQ: ADMP)||$1.01||37.60%|
|Ring Energy Inc. (NYSE: REI)||$2.38||36%|
While these were great gains, these stocks are unlikely to pop again this week. To find the next penny stock with potential, we use the Money Morning Stock VQScore™.
The VQScore scans thousands of stocks and ranks them based on upside potential. And this week, it's found a winning penny stock.
It's a global transportation firm that could get a boost from the end of the trade war.
And it's just getting started...