Best Penny Stocks to Buy Right Now



Trading penny stocks in 2021 can be tricky, but with the right approach and analytics it can be a lot easier than you could imagine. To understand how to trade penny stocks right now, investors must first have a thorough understanding of what's going on in the stock market.

JZXN | SGLB | BLIN | EVC | PAY | CEI | BEST | BRFS | TUEM | MUX | OPGN

Although Covid-19 had the biggest impact on the market over the past year and a half, there are many other factors at play right now. This includes inflation in the United States, gas shortages in some areas of the world, and now the return of meme stocks. So, considering there is so much going on in the stock market right now, there are also plenty of ways to take advantage of it. One of the best ways to do this is to have a concrete trading strategy.

Below you will find some information on some intriguing high-potential stocks, as well as some new ones that I looked at. May they bring you even more profits as you continue your investment journey.




Best penny stocks to buy right now: October 07, 2021 update

 

Jiuzi Holdings Inc. (NASDAQ: JZXN)

Best Penny Stocks to Buy Right Now

Jiuzi Holdings Inc. is a penny stock that has been trending in recent days. If you are not familiar with Jiuzi Holdings, it is a company that sells electric vehicles and related parts in its retail stores. These Jiuzi retail stores are operated by the company and are franchised. As of July 15, 2021, the company had 31 franchise stores and one company-owned store. Recommended by: PennyStocks

 

Sigma Labs, Inc. (NASDQQ: SGLB)

Best Penny Stocks to Buy Right Now

Unlike BRFS, Sigma Labs, Inc. (SGLB) had a rough September, climbing to $ 4 mid-month but then dropping back down at full speed. This resulted in an overall 7.5% drop between when I listed stocks in this column and the last days of the month.

Basically, investors were slightly excited to land a contract. However, the excitement has waned and now Sigma Labs shares are stuck at levels around $ 3.15.

Despite my disappointment that his initial promotion was not longer lasting, I believe it is too early to resign from SGLB. The earnings per share (EPS) numbers are just too good to ignore (65% growth this year, 35% expected growth next year), and the balance sheet is rock solid. Recommended by: PennyStocks

 

Bridgeline Digital (NASDAQ: BLIN)

Best Penny Stocks to Buy Right Now

Bridgeline Digital shares soared during the pre-trading session on September 22. While there was no apparent news to report, tech stocks overall gained some momentum early on. Bridgeline specializes in cloud-based marketing and provides software to its clients.

Earlier this month, the company announced that TikaPac, a marketing agency in the print industry, was able to reduce its prospecting time by using Bridgeline's WooRank SEO software. In fact, Tim Roberts, President of TikaPac, said: “The return on investment, if used correctly, is worth the continued investment in WooRank … In the same business day I can be more productive with existing data from clients and get the same prospecting results twice time." Recommended by: Entrepreneur

 

Entravision Communications Corporation (NYSE: EVC)

Best Penny Stocks to Buy Right Now

Since listing Entravision Communications Corporation (EVC) in the June 2021 issue of my "Penny Stocks to Watch" column, it has had a fantastic run of around $ 4.73 / share to a peak of 8.11 $ early September. (That's a theoretical gain of about 70% for readers.) Even at its current price of $ 7.11, shareholders are looking pretty smart right now.

In my opinion, the days of Entravision's penny stock are probably behind us, barring some catastrophic event. Its moving averages point to a "Strong Buy" signal and its Relative Strength Index (RSI) has returned to normal levels (ie no overbought). Recommended by: InvestoPedia

 

PaySign, Inc. (PAY)

Best Penny Stocks to Buy Right Now

PaySign, Inc. is without a doubt one of the strangest stocks I've come across in my many years of reviewing these low-priced stocks. It is literally “blood money,” providing prepaid gift cards to US plasma donation centers, which then use them as incentives to attract potential donors.

Blood obtained from donation centers in the United States is often sold to pharmaceutical companies and then used in medical treatments for hemophilia and autoimmune diseases, as well as for chemotherapy. Two-thirds of the world's blood supply comes from the United States, and sales of blood plasma products amount to around $ 25 billion annually. Recommended by: InvestoPedia

 

Camber Energy Inc. (NYSE: CEI)

Best Penny Stocks to Buy Right Now

Camber Energy Inc. is a penny stock that got everyone in mind last week. Over the past month, CEI shares have risen by around 460%, and over 100% of that has happened in the past five days. For those unfamiliar with it, this company focuses on the acquisition, development and sale of crude oil, natural gas and natural gas liquids. As of March 31, 2020, the company had estimated total proven reserves at 133,442 million barrels of oil equivalent. Recommended by: PennyStocks

 

BEST Inc. (NYSE: BEST)

Best Penny Stocks to Buy Right Now

One of the companies that has been on our list of penny stocks to watch for weeks is BEST Inc. While you might think that a Chinese stock like this would do the exact opposite, it has been going against the grain for a few weeks now. Initially, it was listed as one of the short-term high-interest stocks. At that time, the short float percentage was around 36%. Since then, BEST shares have managed to climb back to $ 1.77. More importantly, the move allowed it to test its 200-day moving average (a major moving average) for the first time in more than a year.

What drove the momentum? Future profits may have become a source of speculation for the company. This comes after a mixed quarter in the last quarter. However, management's optimistic outlook has provided information on the potential result of operations for the year. Specifically, CEO Johnny Chou explained: “Our global business has continued to grow, with package volume in Southeast Asia increasing 140.7% year-over-year … Considering the favorable regulatory environment for the sector and continued strong growth of e-commerce, we are optimistic that our strategic reorientation plan will position us to achieve better operating and financial results in the coming quarters. Recommended by: Entrepreneur

 

BRF S.A. (NYSE ADR: BRFS)

Best Penny Stocks to Buy Right Now

I introduced BRF S.A. (BRFS) to readers of this column in September, and ticker activity since then has been just plain ludicrous. We're talking about intense volatility here, as I predicted last month, but even I didn't expect such a big roller coaster.

The good news is that the bulls seem to have wrested control from the bears, at least for now. At the end of September, when I was writing this update, BRFS was ultimately up 8% from last month and 12.35% from last week, all thanks to the lack of news from the company itself. Recommended by: InvestoPedia

 

Tuesday Morning Corp. (NASDAQ: TUEM)

Best Penny Stocks to Buy Right Now

Another company that we have followed closely since its fall is Tuesday Morning. It was first attracted attention after insider trading sparked a penny boost in stocks. In total, its chief executive officer, chief operating officer, and chief marketing officer purchased more than 760,000 shares at average prices of $ 1.68 to $ 1.81.

TUEM shares fell after reporting low earnings. According to Tuesday Morning, its same-store sales in the first quarter of fiscal 2022 increased by one digit so far this year compared to the same period in fiscal 2020. The company also expects to report a loss of Adjusted EBITDA for the fiscal year. 2022.

However, in the wake of insider buying and new additions to its management team, the market appears to have turned bullish in recent weeks. However, there are some important questions to answer. First, will insider trading continue through October? Also, will the TUEM stock maintain those higher levels that have occurred in such a short time without suffering a pullback? Volume is likely something to watch closely if TUEM is on its penny stock list today. Recommended by: Entrepreneur

 

McEwen Mining Inc. (NYSE: MUX)

Best Penny Stocks to Buy Right Now

McEwen Mining Inc. is a mining stock that has been climbing over several recent trading sessions. This company is exploring in several mining properties located in North America and Argentina. The company mainly searches for gold, silver and copper deposits on its properties. McEwen is involved in the exploration, development, production and sale of these products. Some of its properties include the Gold Bar Mine, Black Fox Mine, and the El Gallo Project, among others. Recommended by: PennyStocks

 

OpGen Inc. (NASDAQ: OPGN)

Best Penny Stocks to Buy Right Now

Earlier this month, OpGen announced positive data from its clinical study using its Unyvero HPN panel. The data were presented at the European Respiratory Society (ERS) conference and showed that Unyvero reduced the use of inappropriate antibiotics by 45.1% in patients with suspected pneumonia. This was the latest step in a series of big developments OpGen has reported since May.

The company continues to develop solutions to help guide clinicians with more actionable information through the use of OpGen products. In addition to Unyvero, the company also offers various platforms for predicting possible antibiotic responses in patients with different health indications.

While this news has helped provide substantial momentum since May, recent domestic activity has also helped in the short term. This month, Chief Operating Officer Johannes Bacher and Chief Executive Officer Oliver Schacht each raised more than $ 15,000 in OPGN stock. With solid progress and optimism in management, it has become one of the penny stocks to watch for in the second half of the year so far. Recommended by: Entrepreneur

 




Best penny stock to buy now: October 2021 Summary

If you've invested wisely in well-researched stocks (or even if you've just met a real stroke of luck), you may have more money than you know what to do. This "winning lap" period, however, can be an extremely dangerous time for investors. Many forget all the hard-won wisdom they have learned and start investing money in any stocks with an exciting story.

Making money on the stock market today has become easier than ever. You don't need to register with a high cost broker or have a minimum amount of tens of thousands of dollars to open an account. It's as easy as downloading an app and transferring over a few hundred dollars. Not only that, but since most platforms offer perks like free shares just for signing up, you technically just need to open an account, claim your shares, and sell them for cash. The amount of cash depends on the stock you "win", but all the same, you can literally start trading for zero money out of your pocket. Robinhood and Webull are popular platforms for offering perks like these.


Now, when it comes to finding the best cheap penny stocks to buy, you're probably talking about stocks well below $ 5. Maybe you are looking for penny stocks under $ 1 or somewhere in between. However, before I jump head first, I cannot stress enough the importance of knowing how to buy penny stocks and navigate the market, in general. Learn the basics first and you are ready to start trading.

Instead of throwing caution to the wind, spend even more time on due diligence. Trust your instincts, but be careful, avoid greed, and watch these basics carefully, not the narrative that Investment Relations is selling.





Business books: Top Picks

1
ITIL 4 Foundation PDF
ITIL v4 PDF Publisher: Axelos The ITIL v4 Foundation book by AXELOS

2
Business Model Generation book
Business Model Generation By Alexander Osterwalder, Yves Pigneur

3
The Intelligent Investor PDF
The Intelligent Investor Publisher: Collins Business Essentials

4
Investment Banking: Valuation, Leveraged Buyouts and Mergers and Acquisitions
Rosenbaum and Pearl PDF Publisher: Wiley

5
Fundamentals of Corporate Finance PDF
Fundamentals of Corporate Finance Publisher: Collins Business Essentials



Best Business Management books

#1ITIL Foundation: 4th edition

The fourth edition of ITIL (IT Infrastructure Library) was presented by Axelos in February 2019. The ITIL v4 (PDF and other versions available) focuses on practical aspects of IT management and provides a holistic approach with emphasize on Agile, DevOps and digital transformation topics.

#2The Subtle Art of Not Giving a Fuck

The Subtle Art of Not Giving a F*ck: A Counterintuitive Approach to Living a Good Life. In this generation-defining self-help guide, a superstar blogger cuts through the crap to show us how to stop trying to be “positive” all the time so that we can truly become better, happier people. For decades, we’ve […]

#3Read People Like a Book

Read People Like a Book: How to Analyze, Understand, and Predict People’s Emotions, Thoughts, Intentions, and Behaviors (How to be More Likable and Charismatic).

#4The Intelligent Investor

One of the greatest investors of the twentieth century, Benjamin Graham, proposed his philosophy of “value investing” that could protect investors from dramatic errors and teaches them to develop long-term strategies. This approach is exhaustively explained in The Intelligent Investor (PDF download available) book, which remains the stock market bible since its first […]

#5How Money Works

Money is the oil that keeps the machinery of our world turning. By giving goods and services an easily measured value, money facilitates the billions of transactions that take place every day. Without it, the industry and trade that form the basis of modern economies would grind to a halt and the flow […]

#6Business Communication

Everyday Business Storytelling: Create, Simplify, and Adapt A Visual Narrative for Any Audience. Communication is one of the basic functions of management in any organization and its importance can hardly be overemphasized. It is a process of transmitting information, ideas, thoughts, opinions and plans between various parts of an organization. Good and effective […]

#7How Business Works

Every type of business has to choose an ownership structure. Although there are variations globally, most countries offer similar types of legal entities, from a single- person private enterprise to a massive organization trading on a stock exchange. There are three key considerations: how big the venture is expected to grow; the complexity […]

#8The Essential Manager’s Handbook

The step up to a managerial role can be an exciting, but daunting, new challenge. Suddenly, you are responsible for making sure your team is working together, achieving results, and that overall your department is running smoothly. There is no single technique to becoming an excellent manager, but the Essential Manager’s Handbook provides […]

#9Operations Management

Operations Management is important, exciting, challenging, and everywhere your look! Important, because it’s concerned with creating all of the products and services upon which we depend. Exciting, because it’s at the centre of so many of the changes affecting the world of business. Challenging, because the solutions that we find need to work […]

#10Where Are the Customers Yachts

In 1940 Fred Schwed, a stockbroker whose father had lost everything as a short seller on Wall Street during the Roaring Twenties, published this timeless classic on how the stock market really works. Schwed, a pleasure-loving, cultured man who had been expelled from Princeton University in his final year for entertaining a lady […]


Best books for entrepreneurs


#11Corporate Finance 11th Edition

Corporate Finance, Eleventh Edition This book has been written for the introductory courses in corporate finance at the MBA level and for the intermediate courses in many undergraduate programs. Some instructors will find our text appropriate for the introductory course at the undergraduate level as well.

#12ISE International Business: Competing in the Global Marketplace

The 13th edition provides a complete solution that is relevant (timely, comprehensive), practical (focus on applications of concepts), integrated (integrated progression of topics) and the most up-to-date on the market. Available with Connect: Our highly reliable homework and learning management solution that embeds learning science and award-willing adaptive tools to improve student results.

#13Winning: The Unforgiving Race to Greatness

Winning: The Unforgiving Race to Greatness (Tim Grover Winning Series) From the elite performance coach who wrote the international bestseller Relentless and whose clients included Michael Jordan, Kobe Bryant, and Dwyane Wade, comes this brutally honest formula for winning in business, sports, or any arena where the battle is relentless.

#14Your Next Five Moves: Master the Art of Business Strategy

From the creator of Valuetainment, the number one YouTube channel for entrepreneurs, comes a practical and effective guide for thinking more clearly and achieving your most audacious business goals. Both successful entrepreneurs and chess grandmasters have the vision to look at the pieces in front of them and anticipate their next five moves. […]

#15Your Next Five Moves

Your Next Five Moves: Master the Art of Business Strategy (Hardcover / Audio / Kindle). Creator of Valuetainment, the # 1 YouTube channel for entrepreneurs and “one of the most exciting thinkers” (Ray Dalio, Principles author) in business today, provides a practical and effective guide to thinking more clearly and getting the most out […]

#16Finding the Winning Edge

When those who chronicle the history of the game list the individuals who had the greatest impact on the National Football League, Bill Walsh will clearly be among the names of Halas, Lombardi, Brown, Landry, Noll and Shula. But when you consider who has impacted the game most in terms of those who […]

#17International GAAP 2020 2021

Generally Accepted Accounting Practice under International Financial Reporting Standards. The content of this book takes into account all accounting standards and other relevant rules issued up to September 2020. Consequently, it covers the IASB’s Conceptual Framework for Financial Reporting and authoritative literature listed below. References in the main text of each chapter to […]

#18Schweser FRM Part I Secret Sauce

This review book is a valuable addition to the study tools of any FRM exam candidate. It offers concise coverage of exam topics to enhance your retention of the FRM curriculum. We suggest that you use this book as a companion to your other, more comprehensive study materials.

#19We Should All Be Millionaires

We Should All Be Millionaires: A Woman’s Guide to Earning More, Building Wealth, and Gaining Economic Power. Are you ready to fill your life with more peace, power and joy? We Should All Be Millionaires details a realistic, achievable and step-by-step path to create the support, trust and plan you need to master […]

#20THE BUSINESS ANALYST’S HANDBOOK

In my previous life in chemical engineering, I used to carry around Perry’s Chemical Engineers’ Handbook—a working reference book containing every table and tool the professional might need to refer to in carrying out his or her role. When I began working as a business analyst, I looked for a similar handbook for […]