Penny stocks are a great opportunity to chase significant gains for little upfront investment.
However, with over 2,800 stocks trading on the NYSE and Nasdaq for under $5, it's incredibly difficult to identify which penny stocks are going to deliver triple-digit returns.
In order to help Money Morning readers identify the top penny stocks to watch this week, we're looking at last week's top-performing penny stocks.
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The bull market might be nearly a decade old, but that doesn’t mean there aren’t any growth stocks left to buy. That’s exactly why we’re bringing you the 10 best penny stocks to buy this week.
You see, while money has already poured into the most popular stocks on Wall Street, penny stocks offer quick double-digit growth potential.
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There are a lot of fleet management companies, but our stock pick today is a step above.
When it comes to specialized, mission-critical vehicles, it's a top choice for the aviation and defense sectors.
And this small-cap stock is available right now at a 90% discount.
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While a record-long bull market has been great for investors, it also means stocks are getting too expensive.
That's why we've put together the 10 top penny stocks to watch this week.
And after looking at last week's top penny stocks, we'll show you the top penny stock to buy this week.
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According to the “January effect,” small-cap stocks outperform large-cap stocks in the first month of the calendar year.
But over the last several years, the January effect has changed dramatically.
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The U.S. Supreme Court’s decision to legalize sports gambling in the United States will unlock billions of dollars for investors.
And today I’m going to show you a completely new way to tap into sports gambling and the $76 billion sports entertainment industry.
This gambling stock has the potential to double your money nearly overnight…
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Every single day, the VQScore system analyzes tens of thousands of stocks.
It weeds out every company without positive earnings and factors in numerous other technical indicators. What we're left with is only the best of the best.
So when the VQScore gives a penny stock a high rating, you know the company is financially stable and growing its businesses. These aren't typical penny stocks.
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With strong returns becoming increasingly rare in the wake of a weaker global economy, savvy investors are keeping an eye out for the kind of investments that can still pack a punch.
That's why we're bringing you the 10 top penny stocks to watch this week.
You see, thanks to their low market price, penny stocks can deliver investors tremendous gains on a price swing of just a few cents.
For example, if you bought 500 shares of a $1 penny stock that went up just $0.50, you could capture a 50% return on your investment in the blink of an eye.
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If you want a preview of what's coming with respect to the solar revolution, look no further than this past fall.
If you recall, oil prices soared for much of 2018 and then peaked in November near $70. Most of that increase came thanks to the strong dollar and the Federal Reserve lifting interest rates.
Along with the climb in crude prices came the obligatory bump in the prices of solar stocks.
And there are multiple other factors that will send this solar small-cap stock to record highs...
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As 2019 kicks off, there's no better time to identify the most lucrative profit opportunities in the year.
That's why we're bringing you the 10 best penny stocks to buy in 2019.
You see, penny stocks are a great profit tool for investors looking for triple-digit returns with minimal up-front investment.
Because of their low market price, minor fluctuations in the price of a penny stock can result in tremendous gains for well positioned investors.
However, it's important to note that these fluctuations can also result in significant losses. As a result, investors should never invest more money in penny stocks than they are comfortable losing.
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