Knowing Which Penny Stocks to Buy
Are you still on the fence about investing in the penny stock market that you are not sure which one you should go for? Before you learn more about the best penny stocks, you have to know what they are first.
If you want to grow your income, penny stocks are the way to go. What made penny stocks enticing for a lot of people than the usual stocks is that they only have a very low price per share. In short, you do not need to invest a lot of your money to become a penny stockholder. Besides, penny stocks are also common shares. This implies that they are very easy to buy.
But then, how do you know which penny stocks you should buy? This is where this article comes in. Investing your money in the right penny stocks can be done if you know which penny stocks to watch out for. In order for you to learn more about them, check this article out.
To start the list, you can check out One Stop Systems that is quickly getting bigger with a solid financial background. It come with hyper-volatile shares that are at undervalued prices. The company deals with the manufacture and design of computer components and systems.
One Stop Systems had a trade value of $3.90 per share just a while ago. Right this instant, they are now trading at less than half this rate.
Even if One Stop Systems is a small company, it makes $37 million and $27 million in annual revenue and market cap, respectively. Each day, they make 120,000 trade shares.
To learn more about penny stock investing in this company, you have to hire the services of a professional broker. Nonetheless, you can also use a brokerage calculator guide.
Next, you can invest in penny stocks from the biotech company, Cidara Therapeutics, that deals with infectious disease treatment. A Phase 3 clinical trial is currently being done by the company for improving candidemia treatment. Come the following months, momentum will be gained in the penny stocks of Cidara Therapeutics. If you want to learn more about the trial, view here.
Finally, you can make the most of your penny stock investments when you choose Axsome Therapeutics. It is one of the top performers in penny stocks in the recent year with an amazing 215% increase.
A while ago, the penny stock has reached more than 200%. This was right after the company disclosed that they are working on Phase 2 of their clinical trial associated with major depressive treatment. With the current high, the latest news states that 14% less of the stocks are what Axsome is dealing. For more information on these stocks, see here and learn more about them.
If you are still new with the whole process, you can always go back to your broker and seek their help so you can improve your profit.