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Small-cap stocks have breakout potential that you just don't get with blue chips like Johnson & Johnson (NYSE: JNJ) or Caterpillar Inc. (NYSE: CAT).
In fact, our best small-cap stock today is getting ready to soar 172% in the next year. And we're going to share it with you today.
It's hard to find an old, established company that will earn you 172% in a single year. Those companies have captured most of their potential market already.
Sure, that makes them great stocks to hold. They'll grow steadily. But you won't see them double in a single year.
A good small-cap stock, on the other hand, is just on the verge of its full potential.
This one could more than double on some big changes in the oil and gas exploration sector...
Why This Is the Best Small-Cap Stock to Buy
Right now, many think oil is in trouble due to coronavirus concerns. Global oil demand has plummeted with lowering travel numbers. But some on Wall Street don't seem to know the worst is over.
Goldman Sachs Group Inc. (NYSE: GS) slashed its crude demand projection in half. The bank also cut its price target on Brent crude by 16% this week.
It has done this even though all the data shows it's wrong.
If you look at Brent crude's performance over the last five days, you'll see it gained 5%.
In addition, the U.S. Energy Information Administration expects oil to hit $65 per barrel this year. That's almost 10% above today's $59.33. For 2021, it predicts $68, a 14% pop from today.
At the same time, U.S. oil production will add a whole 1 million barrels per day from last year.
That's 365 million more barrels of oil. And if those barrels cost $65, that's more than $23 billion added to U.S. oil production.
So a 172% target for this small-cap stock could even be on the low end...
The Best Small-Cap Stock to Buy Today
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Penn Virginia Corp. (NASDAQ: PVAC) is an independent oil and gas company in the United States. It's involved in exploration, development, and production of oil and natural gas.
This company declared bankruptcy back in 2016, forced to delist from the New York Stock Exchange. But that was before it bought 19,600 net acres at Eagle Ford Shale in South Texas.
In 2019, the Houston Chronicle named it one of the 100 top-performing oil companies in Houston. The company had increased production by 110% over the last year. Its profits soared 588%, from $32.6 million to $224 million in a single year.
But the best is yet to come.
This stock has a 4.9 Money Morning Stock VQScore™, our highest score, meaning it's almost certain to break out. The VQScore system screens thousands of stocks trading on the major exchanges and scores them from 0 to 4.9.
That's also reflected in the analyst targets for this stock. You can buy it for just $17.35 today. But the average analyst sets a $47.33 price target, which is 172% potential gain for today's investor.
Action to Take: The upside potential on Penn Virginia Corp. (NASDAQ: PVAC) is supported by analysts and a perfect 4.9 Money Morning Stock VQScore. That means if you were to invest today, there's a good chance you'd gain 172% on it later in the year.
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.