Inovio Pharma

Penny Stocks

The Top Penny Stock in 2020 for 445% Profit

The coronavirus pandemic has put the CBOE Volatility Index (VIX) daily average above 33 this year.

That's about double what it was last year.

And high volatility is great for penny stocks.

But it's even better for our top penny stock today.

This cannabis penny stock is poised to gain 445% in a matter of months.


Penny Stocks

The Best Penny Stock to Buy Now Could Double

Uncertainty might be a good thing sometimes.

Today, we're going to show you a way to make it work in your favor.

Our best penny stock just got a perfect rating. It's poised for 92% growth.

And it's all becaused the market is so unpredictable right now.

The CBOE Volatility Index has a daily average above 30. Compare that to last year's daily average of 15.

Of course, could take that as a message to sit on the sidelines. Or you could look at this as an opportunity to profit on one of the top penny stocks today.


Penny Stocks

This Top Penny Stock Could Double Your Money

The Dow Jones Industrial Average popped more than 9.5% in the first two weeks of April.

We know now that was just a reaction to the 35% it lost from the coronavirus crash – it's off more than 300 points today on coronavirus worries.

As that becomes more obvious, growth traders still need to realize there are buying opportunities out there.

Take our top penny stock today, still with 93% profit potential.


Penny Stocks

The Best Penny Stock to Buy on the Coronavirus Dip

The CBOE Volatility Index has gone as high as 70 over the last few months in response to the coronavirus outbreak.

It's declined to below 60 today.

And this is still an outrageously high level of uncertainty in the markets (compare to the 2019 average of 15.39).

This is good for penny stocks.

You see, penny stocks trade for under $5, by the SEC's definition.

That means they can see huge price movements in a short span of time.

This can be from a broader market move – the Dow Jones is up 4,000 points from Monday's low.

Or it can be from a breakthrough within the company.

For instance, shares of Inovio Pharmaceuticals (NASDAQ: INO) popped more than 300% in early March, after the company announced it was closing in on human trials for a coronavirus vaccine.

We had recommended the stock when it hovered around $4.

Readers had a chance to grab it then sell it at $17 in just a couple weeks.


Penny Stocks

The Best Penny Stock to Buy Could Double Thanks to Coronavirus Volatility

The coronavirus has brought volatility back to stocks.

While it might not seem like it, that's a very good thing for penny stocks.

Inovio Pharmaceuticals Inc. (NASDAQ: INO) has more than doubled since we recommended it last month – a 139% gain for our readers.

The company just announced human trials for a coronavirus vaccine.

Believe it or not, that's not the only penny stock making moves today.