There are several different ways to evaluate penny stocks using fundamental and technical analysis… One that has worked very well in 2020 is buying low prices stocks when they move to a new 52-week high.
There are hundreds of thousands of traders tracking the new high list looking to jump into a breakout momentum stock just before it makes a big move.
We can improve our odds of success even further by watching for large volume increases and identifying the catalyst for the breakout.
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2020 has been an interesting year, to say the least.
It has also been a fantastic year to be an investor in penny stocks.
A surge of new traders to free brokerages like Robinhood has created opportunities for low priced stock investors to profit unlike ever before.
Of course, the arrival of tens of thousands of new, uninformed traders into ow priced stocks has also increased the dangers of penny stock trading.
All too often this year, penny stocks that have seen sharp gains over a day or two have come crashing back to earth when the narrative behind the move proved false.
Investors who focus on low priced stocks with great products and the potential for real growth have been able to participate in these stocks' upside potential while avoiding catastrophic losses.
These are the types of stocks I'm interested in and will be revealing for you today...
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With market volatility picking up ahead of the fall election, penny stocks are quietly turning into one of the most potent investments on the market.
But unlike other stocks, you can't just buy any stock or ETF and hold it for years.
It's only worth it if you can find the best penny stocks and know when to buy them.
Today, I'm going to show you just that.
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Labor Day is now behind us, and we are in the home stretch of 2020.
While I know most of us will be glad to put this crazy year in the rearview mirror for a host of reasons, a lack of incredibly profitable penny stock opportunities will not be one of them.
We have seen some spectacular returns for stocks under $5 since the market bottomed in March.
Just look as what Workhorse Group Inc.
(NASDAQ: WKHS) has done since we recommended it on Jan.
30 for $2.76 per share.
Since then, the stock is up to $23.30 (over 744%).
The best part is, I'm continuing to find wildly attractive situations today… Thanks to recent market volatility at the end of last week and today, four penny stocks just popped up on my radar as "strong buys." .
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As we head deeper into another round of 2020 earnings reports, small cap stocks are slipping into a season "danger zone," according to pro-trader Chris Johnson.
So today, Chris has put together a options play to double your money – or more – on the downside of the Russell 2000.
Check it out, in this the latest from "Fast Profits with Money Morning."
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The two most expensive emotions you can have as a human are "anger and pride," according to Money Morning's Quantitative Trading Specialist, Chris Johnson.
And if you have them both at the same time, it can be very destructive to your portfolio.
That's how Chris is thinking about Tesla Inc. (NASDAQ: TSLA) right now as the number of short positions has never been higher on the stock.
It's clear these short sellers have a ton of pride, continuing to bet against one of the hottest momentum stocks on the market (Tesla is up 254% year to date),
And they're surely feeling angry losing money day in and day out to a company that sells a fraction of the cars as the major carmakers, but is currently the most valuable electric vehicle stock in world (with its $280 billion market cap).
So, what should investors do?… Is it too late to buy TSLA stock or should you continue riding this momentum higher?
In this article, Chris will tell you exactly what to do...
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Electric car manufacturer stocks are absolutely exploding right now.
The leader – Tesla Inc. (NASDAQ: TSLA) – is up 220% year to date.
But did you know that three smaller (and lesser known) electric vehicle stocks are up even more?
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We all love cheap stocks.
In fact, it is a Wall Street catchphrase that everybody loves to throw around.
Rarely does anyone actually define what a cheap stock is when they use the phrase.
There are several ways we can use the world cheap.
Today, I'm using three variables to reveal three cheap stocks that trade under $10 each.
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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.
The best penny stocks will surge on growing developments in these fields.
In fact, the best penny stock to buy this week is rising with the tide already – it's got 191% growth potential.
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If you're a seasoned investor or just starting out, you might have heard of insider buying when it comes to a stock.
Insider buying can predict success in a stock.
And today, I'm going to show you a stock that's getting bought up by insides – meaning it's poised for a breakout.
Six analysts gave this stock an average 478% growth target.
I'm not as bullish as those guys, but my 72% target is still good reason to pay attention to this stock.
Small Cap Stocks Alerts
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