August was a robust month for penny stocks.
Just look at Seven Stars Cloud Group Inc.
On Friday (August 24), Seven Stars announced a $24 billion deal to finance China's nationwide push to replace all gas-powered public buses with electric vehicles by 2021.
The announcement pushed shares of Seven Star to $5.65, locking in a gain of 175% over Monday's (August 20) opening price of $3.00 a share.
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Last week's 10 top penny stocks were led by a little-known blockchain firm that just closed a $24 billion contract to revolutionize China's public transportation system.
On Friday (Aug. 24), Seven Stars Cloud Group announced a $24 billion deal to finance China's nationwide push to replace all gas-powered public buses with electric ones by 2021.
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Proteostasis Therapeutics Inc. is among the top penny stocks to watch this week after climbing over 153% in a single trading session last week.
While PTI's 97% gain is impressive, we're recommending a different stock to our readers today.
The company we'll show you today has beaten analyst earnings expectations by an average of 40.5% in the last four quarters, and its bottom line will only keep growing from here.
But before we show you our pick, here are the top 10 penny stocks to watch this week...
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