Hottest penny stocks

Hottest penny stocks

Penny stocks are traded outside the main stock market exchanges and are priced below $5. Often, these stocks are priced in the range of a few cents and are highly speculative due to the low market capitalization, limited exposure to the public, lesser liquidity levels, and higher bidding spread. These stocks are traded mainly on OTC or pink sheets. Although, there are some low-priced stocks available on NASDAQ and NYSE also and they are relatively more secure than the OTC stocks. Penny stocks are highly manipulative and have risks associated with them. In the broader range, the volatile markets are liked by the day-traders who find the growth of their decided stocks within the least possible time. The companies having strong business management and fundamentals are considered to be the most eligible penny stocks to buy. If you are giving a chance to the company having huge debts or liabilities, that would certainly lead towards losses. It is required to find out the hottest penny stocks and decide your survival for the most viable stocks for gains.

Hottest Penny Stocks Now

A list complies for the hottest penny stocks at present and you can get a chance to have a glance at these stocks and get an idea about the most probable options to look for at present. These stocks are mainly present on the major stock exchanges and hence, the probability of losing your money is quite on the lower side. The trader’s own research is mandatory and we’re providing this list only to get an overview for the stocks in trend.

  1. Taronis Technologies Inc (NASDAQ: TRNX)

Taronis Technologies Inc. is an alternative energy producing company which uses liquid waste in the US and globally for generating the hydrogen-based fuel. The company has even created an alternative to acetylene named as MagneGas2, which is used for metal cutting technology. The company supplies MagneGas2 to various industrial applications. The present stock price of TRNX has touched the dollar one level. The maximum value of the stock was about $5 in the last 52-weeks. The company also works in selling and licensing the plasma arc technology with the purpose of processing the liquid wastage. The prospects of the company are brighter in terms of business.

  • ShiftPixy, Inc. (NASDAQ: PIXY)

ShiftPixy, Inc. provides employment services for business and workers for part-time or temporary positions in the US. The company was founded in 2015 and has been successfully working for majorly restaurant, maintenance and hospitality service industry. The company works as an HR resource consultant, admin working and payroll processor for many segments. The stocks are currently priced at $1.20 per share value and have crossed the level of $5 in the previous year. The stock has a probability to grow towards a better scope marking a great future for the company.

  • Renren Inc. (NYSE: RENN)

Renren Inc. works through social networking platform in China. The company works through website and a mobile application for communication and staying connected with people in different regions. It even sells second-hand automobiles and the related products to the interested people. The stocks are present in the range of $1.8 and it is lower in comparison to the 52-week stats with a minimum of $1.27 and maximum $10.39 value.

  • Novavax, Inc. (NASDAQ: NVAX)

Novavax, Inc. works in coordination with its subsidiary Novavax AB for developing, commercializing and discovery of the vaccinations for preventing chronic infectious diseases. The company’s products are under Phase I-III trials for various medications. The company stocks are on the lower prices of $0.55 at present and the season’s highest of $2.58 value is expected to knock again with the strong fundamentals and results expected by the research department for its running trials.

  • EP Energy Corporation (NYSE: EPE)

EP Energy Corporation is an independent exploring and production company having natural gas and onshore oil properties in the US. The company’s stocks are near $0.40 value and there has been a move in the business with the on-going development. The 52-week low and high value of the stocks is $0.21- $3.5 respectively. The company has its headquarters in Texas and was founded in 2013. Since then, there has been progressing in terms of business and the company’s major assets are located in the Texas region.

How to invest in penny stocks for beginners? 

How to invest in penny stocks for beginners?

If you are willing to learn more about the world of penny stocks, it is always preferable, to begin with, the in-depth study of these stocks and get useful guidance to proceed with these stocks. Think about the extra money you get apart from your fixed job salary. There are many people who have actually attained big pocket money from penny stocks and trade during their free time to utilize their skills to turn money towards their pocket. There are only a few people all over the globe who have actually made money from trading penny stocks.

Penny stocks are complex forms of security. You might get tempted to get a huge number of stocks with a low value of every stock but if you are not educating yourself in the right direction, it could result in a total loss. Most of the people fail in penny stock investments because they lack the research part and don’t do it at all which leads to their failure.

What are penny stocks?

Penny stocks are priced below $5 and to be precise, these stocks have a value of less than $1 per share which means a few cents. The companies associated with penny stocks are quite unstable, beginners in their industries or have no financial records presented to the general people. Penny stocks are highly volatile and differ from the other stocks due to their volatile nature. These fast-moving stocks are vulnerable to huge losses and the trading becomes quite risky. The newbies fail miserably due to their urge to buy the stocks quickly and get rich within no time. However, the true results can be attained by following the right trading pattern and reaching the goal of becoming a millionaire by doing in-depth research on these stocks.

Investment in penny stocks

There are different ways to make an investment in penny stocks. The major strategy is to buy the stocks at the low pricing and sell them as they reach your desired value from them. The way of trading for every investor is different and it depends on your own strategies to buy or sell the stocks at the right time. The ultimate goal for penny stock investing is to generate profit. If the margins are small, they will add up over time.

Getting started with Penny Stocks Trading

Most of the penny stocks are traded over the counter (OTC) or on pink sheets. The broker account can be created and the trading can be done through your own laptop or mobile device. The brokerage account helps in the execution of the trades with adequate money in your account. You can buy and sell penny stocks through the broker by paying them the brokerage which is very less in most of the cases.

Penny stocks can be purchased or sold based on the patterns followed in the market. These fluctuations in the stock prices are termed as price moments. The knowledge about finding the right moment for investment comes with practice and appropriate guidance. If you are willing to understand the charts, stock patterns and other aspects of penny stock investments, it will be ultimately the first right step for you to proceed.

Benefits of learning Penny Stock Trading

Penny stocks might appear very tacky but they are simpler than any other type of investment. The beginner companies are willing to establish their new spaces by getting the trading patterns on the track. You can learn to invest in the larger stock exchanges by starting with penny stocks. This could be beneficial for you to understand the ways to make profits. You need to understand that your investments and successfully trade on the stocks with your extra money. Your boundaries should be well set based on your risk tolerance. If you are willing to bear losses, then only you can think about making profits with penny stocks. It is impossible for any investor to get profits in penny stocks without getting failed at some point. The most essential thing is not to avoid failure but learn from your experiences. If you are good at accepting failures and learn well from your mistakes, penny stocks will be the most rewarding way for you to get financial benefits.

Stock analysis

If you are ready to earn well from penny stocks, the first thing will be to master the art of stock analysis. You can evaluate a stock based on its technical and fundamental aspects. Learn more about the stocks to categorize it into the ‘hot category’. Your ability to read charts, judging the company and checking the historical background of the company would come under technical analysis and fundamentals will include revenues, profits, debts, P/E ratio and earnings per share.

Indicators of a Good and Bad Stock

The evaluation of penny stocks will require you to look at the key indicators for determining how well a stock will perform in the coming future. Penny stock companies don’t publish the detailed financial information and hence, it becomes difficult for the investors to look for the information with regard to the company’s status. There are a few things to look for penny stocks trading. Positive and negative indicators will give you the ideas through which you can make a selection for penny stock investments.

Positive Indicators

  • New associations and partnerships
  • Positive financing
  • Increased earnings and new contracts
  • Positive industrial news and government decisions
  • Trading volume enhancement

Negative Indicators

  • Reduction in the trading volume
  • Poor news from the industry
  • Negative rumors about the company (inside or outside sources)
  • Finance security through desperate decisions

Looking at the technical and fundamental aspects, the ultimate trading of a company could be considered for long-term investment. There is something happening over time and you can be a better trader if you carry forward the consistent efforts to make your investments worthy. Look for the chart patterns as they describe the movement of stock prices over time. History never predicts future but it can identify the patterns allowing you to make the adequate guesses about the future performances of any company or its associated stock.

Penny stocks on Robinhood 2019

Robinhood is the newest way to buy and sell stocks without paying any brokerage fee. Penny Stocks on Robinhood are quite searched by people who are looking forward to making investments without spending a lot of money on the same. Finding penny stocks and putting the value as low as $100 for investment will make you get hundreds to thousands of stocks within the smallest investment. The investor could potentially make good money by trading on these stocks. The normal broker or online trading services charge a fee for buying or selling the stocks. It doesn’t appear big when you are getting profits but during the loss phases, the fee seems hefty and makes you feel miserable.

Penny stocks go up and down and using Robinhood App, it is easy to see the movements of stocks in the most appropriate way. If you are spending enough time on the stocks then it would be easy to make money by trading penny stocks on Robinhood. The reality is that your dedicated time and efforts are required to get ahead with the buying and selling of Robinhood stocks in the most rewarding manner. Buying the stocks with no trading fee will be fascinating but ultimately, it is your decision to go ahead and buy shares of good companies or EFTs. Robinhood focuses on trading the low-priced stocks on the major stock exchanges and doesn’t promote OTC or pink sheet options for investment.

Penny Stocks on Robinhood 2019

Below are some of the penny stocks on Robinhood platform this year which could be considered for the best prospects:

Interpace Diagnostics Group Inc. (NASDAQ: IDXG)

Interpace Diagnostics Group Inc. was founded in 1986 and works for the development and commercialization of molecular diagnostic tests for detection of genetic and molecular variations in case of acute cancers. The company’s customers are mainly hospitals, general physicians and hospitals. The stocks are at the level of $0.70 and could proceed towards higher range with the lined testing phases.

CHF Solutions (NASDAQ: CHFS)

CHF Solutions Inc. is a medical device company focusing on the provision of patient solutions for the people suffering from fluid overloading. The company’s major product is used as ultrafiltration treatment for managing fluid overload for the patients requiring hospitalization due to failure of diuretic therapy. The company is launching the Ultrafiltration programs in various locations. The day range of the stocks is around $4 and the company could reach towards its potential value of $53 which was the highest point in the previous year.

BioPharmX Corporation (NYSE: BPMX)

BioPharmX Corporation is a specialty based pharmaceutical company working for development and commercialization if the OTC products and prescription elements addressing the women’s and dermatology health markets. The various tests are conducted by the company for different phased trials and it is leading towards the successful runs which could lead to the betterment of the company’s stock values. The stocks are ranging at a value of $0.0725 and with the progress of trials, the probability is towards the higher side to gauge profits.

Top Penny Stocks to buy

Top Penny Stocks to buy

Some people tell their success stories with penny stock investments and others might have issues relating to their hard luck with these stocks. Penny stocks require detailed research about the companies to invest for a safer response. Top penny stocks to buy are a result of your detailed research on the company. It is important for investors to know that OTCBB and pink sheet listings are highly speculative and volatile in nature.

Top Penny Stocks to buy are:

  1. Peer to Peer Network (PTOP)

Peer to Peer Network gives psychic advice services through Internet and mobile service. The company was founded in 2007 and is based in Henderson, Nevada. The stock price at present is $0.0041 and with its announcement of MobiCoin cryptocurrency, it was expected to grow with the trends. However, it has not shown the anticipated results but the craze could originate for the stock to work well in the coming phases.

  • Favored, Inc. (FVRD)

ForeverGreen Worldwide Corporation works with its subsidiaries for development, manufacturing, and marketing of the nutritional products, meal replacement shakes and marine phytoplankton products. This segment is highly in demand in many parts of the globe. The headquarters of the company is located in Lindon, Utah and its markets throughout the important nations like the United States, Canada, UK, Singapore, Japan, Australia, New Zealand, and the Netherlands. The company showed a tremendous increase in revenue in 2016, which was ten times the value over 2015. The stock has the price of $0.1008 at present which could see better trends in the coming phases.

  • Helios and Matheson Analytics Inc. (HMNY)

HMNY provides different IT solutions to over 1000 companies in the US. There are multiple services offered by the company for various industries, including insurance, automotive, financial services and healthcare segment. The company was founded in 1982 and is headquartered in New York City. The company was into a huge plus in 2018 but fell into penny stocks listing. After compiling the financial policies, the company is expected to give good positive growth in the coming phases for the penny stock investors.

  • Integrated Ventures, Inc. (INTV)

Integrated Ventures, Inc. works for the digital currency mining operations. It owns over 770 cryptocurrency miners in Pennsylvania and New Jersey regions. The company is based in Huntingdon Valley, PA. The company’s stocks are at downward trending at present with a value of $0.0825 per stock. The stocks might move towards the upward trends with the increased volumes from the investors looking forward to getting more stocks at a lesser price.

  • Beyond Commerce, Inc. (BYOC)

Beyond Commerce, Inc. provides IT services for information management market. The e-commerce solution of the company provides the services to store owners for managing a business, customer feedback, earn money through web stores and create different modules for their online businesses. The company has recently submitted for an application to be listed on NASDAQ and might have bigger moves to proceed in the coming future.