What are penny stocks?
Penny stocks are the stocks which are those stocks which are traded at a very low price, have the low market capitalization and are mostly illiquid and have the listing on generally smaller stock exchanges. So though they are very risky it is highly traded as they can turn your small investment in the big amounts.
Some of best penny stocks
1) Alpha Pro Tech, ltd. (APT):
It is a company which provides the facility that they are doing the work of protecting the people, products and the environment. At the time when Ebola was in the headlines the price of the stock of APT went from $2.00 to $10.00 in just few days. So the stock price has increased its price up to 5 times in such a small period. So this is the one of the penny stock to look after in the upcoming time.
2) Eagle Bulk Shipping Inc. (EGLE):
It is the stock which is going to take care of the operational profits in the future as it has become the one of such stock which has begun to grow its operational profit day by day. In the year of 2016 it was having the operational loss of $223 million which has been taken down to $44 million in the year of 2017 so you can presume that after the year of 2018 has ended the profits will be in the positive figures which will help the price to grow.
3) Cemetrex, Inc. (CETX):
It is the stock which will be considered as the stock gaining the prices in the future. It has been seen that the trend of losing the price and has started gaining it from December 27, 2018. And it is expected that it will continue the trend of the positive gains to reach the high in this year. So it is one of the penny stocks which are going to be traded in large volume in the future.
4) Sandstorm Gold Ltd. (SAND):
It has become the one of the gainers in past as it is on the increasing trend for the long time and has provided profits from last some of the years. It has increased the price of $5.00 in just within few months. So this is the stock which is to be kept in the watch list for the upcoming months.
5) BioDelevery Science International, Inc. (BDSI):
It is the company which has returned to the profit making abilities after the years of losing the operational amount, so it is the one of the company which is having the powerful balance sheet which has taken care of the support to make the stock a gainer in the future.
6) Four Seasons Education Inc. (FEDU):
As it is an educational related company which will make them lose the money so that you can have the benefits of all the trends as well as the down trend in the future. It has reached the price of $2.25 from the $4.50 and once it used to trade in $5.25 in mid-2018. So it has suffered a downfall of $7-$8 from the IPO in 2017.