Investing in 2020 will be about getting a head start on world-changing technologies reaching the public. We're going to see wild things that were mere concepts a decade ago emerge into real life - self-driving cars, 5G, and even mind-controlled technology.
And the best penny stocks will surge on growing developments in these fields too. In fact, the best penny stock to buy this week is rising with the tide already - it's got 191% growth potential right now.
But the window is closing on this penny stock. Its trading volume has increased by 38.1% since December. That means interest in it is skyrocketing, and that could jolt the price at any minute.
Of course, this stock is one to hold for the future as well. What it offers is so world-changing that it could become a staple in every society. It's capitalizing on a key trend, something everyone on earth has in common...
But we want investors to get in while the biggest, fastest gains are still up for grabs.
Penny stocks like this one move faster than the large-cap, blue-chip companies in the Dow and S&P 500. Due to their low share price - typically $5 or less - a change of a few cents can double or triple your money.
In the case of our best penny stock today, it's almost triple.
And 100% gains or more are not uncommon with penny stocks. It happens on a weekly basis.
For example, we recommended another penny stock, Senmiao Technology Ltd. (NASDAQ: AIHS) back in November. It shot up 268% just two weeks later.
Here's how we find these winners...
How We Spot the Best Penny Stock
We're able to spot the latest breakout penny stocks each time with our proprietary Money Morning Stock VQScore™ system. It uses an algorithm to read the underlying financials of thousands of stocks and find the ones that are ready to take off.
It scores the stocks anywhere between 0 to 4.9. A 4 or above means the stock has immense breakout potential.
We can narrow down the top stocks to just penny stocks by taking all of our VQ stocks with a 4 or above and looking only at those trading under $5.
Not only is our top penny stock of the week delivering one of the most-wanted products of the decade, but it also has a near-perfect VQScore to prove it.
This penny stock could earn you 191% on your money. But that's not the only way it could change your life...
This Is the Best Penny Stock of 2020
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Global Cord Blood Corp. (NYSE: CO) is a life sciences corporation specializing in stem cell research. And this matters more than ever right now.
Stem cell research is closely linked to aging. Aging is the result of stem cells not being able to replenish new tissues to the organs that need them to operate.
Global Cord is working to fix that. It's researching ways to reverse the aging process. And it's going after some major aging demographics around the globe.
Until recently, this might have seemed like a lofty ambition. But now, with baby boomers on the rise and China's aging population the largest in history (about 10% of the world's 60-or-older), Global Cord is ramping up its research and development (R&D).
Back in November, the company released a Q2 fiscal 2020 report showing R&D expenditures had increased by 77% year over year from 2018. It soared from about $5,200 to over $900,000.
Though the company is spending a lot, it's good for investors. More R&D means greater likelihood of a breakthrough for the company.
Global Cord will be getting a piece of a market expected to be worth $6.5 billion by 2025. That's part of why analysts expect Global Cord to increase earnings by 150% next quarter.
And that's why analysts give it a price target of $15 from today's $5.15 - a 191% jump - within the year.
But the near-perfect 4.7 VQScore means this could happen sooner than expected.
And if trading volume continues to go up, don't be surprised when this stock explodes...
This Fast Money Move Could Make You $4,238
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We're talking about cashing in on some of the biggest stocks on the market: Netflix, Apple, Facebook, even Amazon.
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All it takes is three simple steps and a few clicks of your mouse, and you're on your way to what could be life-changing wealth...