By Diane Alter, Contributing Writer, Money Morning - • Print | Email
The recent spate of uninspiring data, from unemployment to retail sales, has been blamed on the unrelenting cold and snowy winter. But one group that hasn't been affected, and isn't using the convenient "bad weather" excuse, is this list of penny stocks to watch now.
This week brought huge gains from several low-priced stocks across all sectors:
Here are four penny stocks to watch now.
By Kyle Anderson, Associate Editor, Money Morning • @KyleAndersonMM - • Print | Email
Penny stock Microvision Inc. (Nasdaq: MVIS) soared 134% today. (Thursday) on news that Sony Corp. (NYSE: SNE) will be using the laser-display technology developed by Microvision in its newest projector module.
The hallmark of Sony's new "pico projector" module is its size – it can fit in the user's pocket.
Here’s the good news from Sony that helped MVIS post a triple-digit gain...
By Diane Alter, Contributing Writer, Money Morning - • Print | Email
It wasn't hard for investors to find gains in 2013. This year is different – unless you're invested in one or more companies on this growing hot penny stocks list boasting huge year-to-date gains.
Leading the pack of 2014's surging low-priced stocks are biotech companies with promising new treatments in their pipeline. Also near the top are technology companies offering cutting edge products and solutions.
See how these biotech penny stocks are doing today...
By Diane Alter, Contributing Writer, Money Morning - • Print | Email
A number of penny stocks showed investors some love today (Friday) with huge share-price climbs.
While the Dow Jones Industrial Average rose just under 1% by 2 p.m., these hot penny stocks were up double digits.
Following are five of Friday's biggest low-priced movers.
By Diane Alter, Contributing Writer, Money Morning - • Print | Email
Stocks are expected to end this year only modestly higher after last year's 30% gains, prompting investors to hunt for growth. One way to find it is by learning how to trade penny stocks.
Defined as stocks that trade under $5 a share, penny stocks have gotten a bad rap thanks to scams and manipulators. However, there are plenty of legitimate microcap companies offering lucrative opportunities.
By Kyle Anderson, Associate Editor, Money Morning • @KyleAndersonMM - • Print | Email
Penny stock investing is attractive to those looking for huge gains in a short period of time, and the top 10 penny stocks of January 2014 prove that.
Each stock posted a gain of at least 97% in January alone – one gained an incredible 858%.
Investing in penny stocks can have its drawbacks and can be risky. But those investors who are prepared for the risks and jump on the right penny stock can double their money in days.
Just look at these top penny stocks last month...
By Diane Alter, Contributing Writer, Money Morning - • Print | Email
One bitcoin will cost you more than $700 at current prices, but now investors can get a piece of the virtual currency's potential for $4 with this new Bitcoin penny stock.
Bitcoin Shop Inc. started trading Thursday – the first company with "Bitcoin" in its name to be publicly traded.
See how to cash in on these Bitcoin penny stocks today...
By Diane Alter, Contributing Writer, Money Morning - • Print | Email
The biotech boom that began last year has triggered triple-digit gains in some of the best penny stocks to buy today.
Some of our top penny stocks in biotech recommended last year gained as much as 440%, 231%, and 214%. And the biotech sector is going to keep surging – especially the sector's best low-priced buys.
With that in mind, following are three of the best penny stocks in biotech.
By Diane Alter, Contributing Writer, Money Morning - • Print | Email
A number of this year's hot penny stocks have soared by double digits since the New Year.
Their meteoric moves have far outpaced the lukewarm (if any) gains of major benchmarks and their components. The Dow is down roughly 4% and the S&P is off nearly 3% year to date, after gains of 26% and 32% respectively in 2013. The Nasdaq was up 1% until Friday's broad-based selloff left the tech-heavy index down an equal amount for the year.
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By Diane Alter, Contributing Writer, Money Morning - • Print | Email
With double- and triple-digit gains possible in just one day, it pays to know how to invest in penny stocks.
Just look at Luna Innovations Inc. (Nasdaq: LUNA). Today (Wednesday) the stock jumped 89.39% to $2.50.
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