Posts

Showing posts from May, 2022

Best Penny Stocks to Buy in 2022

  While they are not favorable for people looking for stocks with low risks, penny stocks are quite popular among daring investors looking to make good profit in a short time. This is because penny stocks are highly volatile but yield enormous rewards. They give an opportunity to earn massive profits from small invested capital. The majority of penny stocks belong to the biotech, energy, pharmaceutical and technology industries. If you’re interested in investing in these highly volatile yet highly rewarding stocks, below is a list of the three top penny stocks today . #1 Ur-Energy Inc.  (NYSE: URG) Ur-Energy is a Colorado-based uranium producer. As mentioned on its website, it specializes in the procurement, exploration, treatment and operation of uranium minerals. Since 2013, its flagship project named Lost Creek has produced over 2.7million pounds of yellow cake uranium. It is the lowest-cost uranium producer in North America. Market Cap $351.85 million Share Price $1.58...

Know The Right Strategy While Dealing With Penny Stocks

Penny stocks are traded at a low market price and have a very low market capitalization. These stocks have low liquidity, are highly speculative, and do not require much financial investment. Though the stock’s low price always attracts investors, it is essential to understand that these stocks carry high risks that lead to enormous premiums for market makers. Before investing in the best penny stocks to buy now , an investor should be aware of several key factors that affect how these stocks are traded and should have a detailed understanding of the inherent risks. Factors To Focus On While Picking The Right Penny Stocks Price Behavior Price behavior is one significant factor in judging whether the price is becoming strong or weak. Know the points and observe the graph carefully. The moment you see a falling chart, it’s time to take action. Change In Business A potential investor should also note what changes a business is experiencing. Is the company expanding? Has the management cha...