NLST

Netlist Inc

stocks

This Top Penny Stock Just Jumped 542% - Here's the Next One to Buy

Last week’s 10 top penny stocks were dominated by a cutting-edge information technology firm from Irvine, California.

On Friday, Netlist Inc. closed out a 542% gain on news that courts litigating a patent lawsuit involving Netlist has sided with the California-based firm.

According to a press release, an administrative law judge sided with the firm on a key claim related to the development of one of the company’s most profitable patients.

According to company CEO C.K. Hong, the decision will allow the United States International Trade Commission to make a definitive decision on the case within the next few months.

stocks

10 Top Penny Stocks to Watch This Week (June 4)

With last week's top penny stock locking in a 192% gain, we're looking at the top penny stocks to watch this week – and the one stock you need to buy right now.

You see, investors are attracted to penny stocks because of their low up-front costs and the possibly of huge returns. Take this week's top gainer, Co-Diagnostics Inc. (Nasdaq: CODX), as an example.

Last Monday (May 24), CODX opened at $1.62 before soaring 192% over the course of the week to close at $4.05. Like most successful penny stocks, CODX jumped on widely publicized news - this Salt Lake City-based molecular diagnostics company announced a partnership with Stanford University to study CODX's recent technological breakthroughs.