On Sunday (Dec. 15), the Chinese government announced it would hold off on imposing additional tariffs on American agricultural products.
The news sparked a rally across global markets, driving the Dow Jones Industrial Average up over 130 points.
That’s great news for blue-chip stocks.
But it’s even better news for the 10 top penny stocks to buy this week.
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With all the enthusiasm surrounding penny stocks, it can be hard to know which obscure stock is on track to generate tremendous profits.
You see, most investors buy penny stocks without knowing if the company they invested in has real profit potential.
Not only is this unwise - it can cost you your entire investment.
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With all the hype surrounding penny stocks, it can be hard to identify that little-known stock that yields real profits.
Today, we're busting the 3 penny stock myths that keep many investors from realizing strong penny stock returns.
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Many investors shy away from penny stocks because of their low prices and high volatility.
However, the right penny stock offers immense profit potential.
That's why we're bring you our two top penny stocks to watch.
You see, penny stocks give an investor the opportunity to reap a massive profit with very little initial investment.
Take Jaguar Health Inc.
On March 8, Jaguar climbed from $0.14 to $0.34 in one day - a gain of over 140%...
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You wouldn't know it from following mass media and Wall Street, but the stocks handing out the largest profits right now are in the biotechnology industry.
In fact, one of our three best biotech penny stocks to buy for March is a company developing treatments for the gut health of race horses, among other things.
All it takes is the announcement of positive clinical trial results to send this stock soaring...
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Penny stocks have the potential to deliver massive returns off a small investment thanks to their affordable share prices below $5.
That's why today we'll show you the top penny stocks to watch this week, plus one of our best stocks to buy right now…
It's growing nearly twice as fast as the broader industry it operates in and is showing no sign of slowing down.
But before we reveal our pick, here are the top 10 penny stocks to watch this week...
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Penny stocks are popular because of their ability to triple or quadruple a small initial investment.
For example, shares of Neothetics Inc. gained 230% in a single day, from $0.52 on Oct. 16 to $1.72 on Oct. 17.
But if you're searching for the best penny stocks to buy now, we have three biotech penny stocks which have 300%-plus profit potential.
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Investors looking for the best small-cap stock to buy are often looking for the profit potential of penny stocks without the risk associated with over-the-counter exchanges.
Investing in penny stocks can be exciting and massively profitable. But penny stocks can be too volatile and risky for some investors.
Fortunately, Money Morning Small-Cap Specialist Sid Riggs looks for companies which show potential for dependable long-term growth.
Here's his top pick for 2018...
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The top penny stock gainer of 2017 has skyrocketed 568.6% so far this year, delivering a handsome return to its investors.
That soaring stock is Marinus Pharmaceuticals Inc., and its story illustrates what's so attractive about penny stocks as investments.
But investors should remember that penny stocks are risky. While these stocks have huge profit potentials, they also tend to see big pullbacks after making large gains.
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VistaGen Therapeutics Inc. is among the top penny stocks to watch this week after climbing 135% in just three trading sessions last week.
While VTGN's 135% 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 we expect more earnings growth going forward.
But before we show you our pick, here are the top 10 penny stocks to watch this week...
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