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 Kyle Anderson, Associate Editor, Money Morning • @KyleAndersonMM - • Print | Email
This could be the biggest year ever for investing in biotech takeover targets – all due to the patent cliff.
The "patent cliff" refers to the sharp revenue drop a pharmaceutical company faces when the patent on one of its drugs expires. At that point, other drug companies can begin replicating name-brand drugs, cutting into the billions of dollars in revenue that large-cap pharmaceutical companies are used to.
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By David Zeiler, Associate Editor, Money Morning • @DavidGZeiler - • Print | Email
A fresh crisis may be the beginning of the end for Bitcoin exchange Mt. Gox, but the harm to the digital currency itself will be temporary.
Fans of the digital currency woke up Friday trying to figure out why Bitcoin prices are falling after more than a month of relative price stability on the Japan-based exchange.
Long plagued by issues in getting fiat currencies from Mt. Gox accounts to user bank accounts, the exchange in recent days started having trouble transferring bitcoins as well.
By Rebecca McClay, Money Morning - • Print | Email
Stock market today, Feb. 7: Today (Friday), U.S. stocks closed in positive territory for a second consecutive session after the January jobs report revealed a declining unemployment rate.
The Dow Jones Industrial Average closed up 1.06%, or 165.55 points at 15,794.08 points; the S&P 500 closed up 1.33%%, or 23.6 points at 1,797.02, and the Nasdaq Composite Index closed up 1.68%, or 68.7 points at 4,125.86.
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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 William Patalon III, Executive Editor, Money Morning - • Print | Email
Every year I asked our team of experts here at Money Map Press to share their best investment ideas for the 12 months to come. And not surprisingly, this once-a-year bonus has become one of our most highly sought after and anticipated reports of the year. After all the recommendations have delivered 10 triple-digit gains […]
By Kyle Anderson, Associate Editor, Money Morning • @KyleAndersonMM - • Print | Email
p>In recent years, liquefied natural gas (LNG) stocks have outperformed the markets by a wide margin.
LNG companies like Cheniere Energy Inc. (NYSE: LNG), Chicago Bridge & Iron (NYSE: CBI), and Golar LNG Ltd (Nasdaq: GLNG) gained 609%, 149%, and 139% from January 2011 through January 2013, respectively.
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By Diane Alter, Contributing Writer, Money Morning - • Print | Email
Green Mountain Coffee Roasters Inc. (Nasdaq: GMCR) stock climbed 26% today (Thursday) and surged as much as 60% after-hours Wednesday following the announcement of a strategic deal with The Coca-Cola Co. (NYSE: KO).
Investors cheered the news that the Waterbury, Vt.-based company has signed a 10-year agreement with the world's largest beverage company. Over the next decade, the pair will collaborate on developing and introducing Green Mountain signature K-cups for Coke's global brands, to be used in GMCR's home brewing machines.
By Diane Alter, Contributing Writer, Money Morning - • Print | Email
3D Systems Corp. (NYSE: DDD) stock slumped as much as 28% Wednesday in reaction to disappointing preliminary 2013 earnings – a move Money Morning readers were prepared for.
3D Systems cut its 2013 profit estimate to $0.83 to $0.87 per share, down from $0.93 to $1.03 per share. The company cited softer demand than expected for its consumer printers – even though demand for professional printers was stronger than expected.
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The stock market sell-off has made for a rough start to 2014 – and February could bring more of the same.
The S&P 500 Index fell by 3.56% in January, its worst monthly drop since May 2012, and was off to its worst start in February since 1933. The Dow Jones Industrial Average plunged more than 300 points on Monday, Feb. 3, and had its worst start since 1982. And the Nasdaq Composite Index started the month down 106 points, or 2.61%.
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