Penny stocks are notoriously unpredictable. For investors to take advantage of the rapid price movements that these stocks can make requires an understanding of technical analysis. However, when looking at many of these small-cap and micro-cap stocks, the first question for investors is “Why should I buy this stock in this company?”
To answer that question, investors need to consider some other questions including:
Are these companies promising a better mousetrap or just another mousetrap?
Does the company have a viable business model that may make them an attractive buyout target for an established company in their industry?
Is the company in a sector that is currently growing?
Ideally, you want to find a penny stock that allows you to answer yes to all of those questions. These are the penny stocks that have the potential to get investors excited in the coming weeks and months and show the technical signs that point to real gains. We’ve selected 10 penny stocks that look to meet these criteria and that you should consider buying now.
Click the “Continue to Slide #2” button to view the first company.
Click the "Continue to Slide #1" button to view the first company.
