Investment Calculations
Addressing the most common questions about investments.
pig, animal, snout-2410050.jpg

Best Penny Stocks to invest in right now

Last Updated on September 9, 2021

What are Penny Stocks?

Many people have heard of the term “penny stocks” but they may not know what they are or how they work. Penny stocks are some of the cheapest stocks in the market, with prices as low as $5 per share. They are very risky because they have a high chance of losing money. Let´s analyse the Best Penny Stocks To Invest In Right Now.

best penny stocks to invest in right now

They are stocks of companies that are not listed on the stock market. They are also called “over-the-counter stocks”. Penny stocks aren’t traded on a stock exchange, which means they can’t be bought or sold by other investorsm. In contrast, blue-chip stocks are high-priced and trade on more established exchanges.

Penny stocks have a lot of uncertainty which is why they can be so volatile compared to blue-chips. Penny stocks have more risk than other investments because the company may not be successful and eventually go bankrupt.

Penny stocks are an investment vehicle where traders invest in shares that trade at less than $5 per share. The most common type of penny stock is an OTC (over-the-counter) stock, meaning there is no formal listing on any stock exchange and trades through brokers who buy and sell them over the telephone or electronically.

Interesting fact: A majority of penny stocks are not required to provide financial data to investors, unlike “regular” shares which typically must do this.
Penny stocks are the most volatile assets in the stock market. Without good research you can easily fall prey to scams, frauds and low-quality companies. For this reason, it is important that you know what to look for in a quality penny stock before investing.

Penny stocks are often risky investments because they don’t have much information available to investors. Investors also have to pay higher commissions for penny stocks, which makes them even riskier.

Check HERE a list of the latest penny stocks.

So, Best Penny Stocks To Invest In Right Now?

September 2021 Best Penny Stocks To Invest In Right Now

With the stock market taking a huge tumble in October, this is a great time to buy.

Great Panther Mining Limited (GPL)

I’m sure you’ve heard of Great Panther Mining Limited (GPL) before. They are an exploration company that is involved in all kinds of projects, be they mining or exploration. It has interests in two mining concessions in Mexico and one exploration property in Brazil.

Great Panther Mining Limited (GPL) is one of the stocks I am most confident about investing in right now. I like this company for many reasons, but the main ones are that they have a low price-earnings ratio and that their declining earnings are not as bad as I first thought. I would say that the future of this company looks good, despite its current low stock price, due to its strong financial position and future growth opportunities.

The company operates through two segments: producing and exploration. Its producing segment consists of its interest in the Topia mine located in Mexico. Its exploration segment includes its interests at Santa Rosa del Aguila located in Mexico and the Candelaria project located in Brazil. The company operates as a subsidiary of Golden Share Ltd, a publicly traded company on the Toronto Stock Exchange under the symbol GPL.

For investors who are bullish on this mining company, Great Panther Mining Limited (GPL) might be a good bet. This is because despite its modest size, GPL has been able to generate a solid return on investment every year since 2005 and also pays a dividend which is about 3%.

The company has had a decent performance with a solid growth rate over the last five years and has become profitable with its most recent quarterly earnings report with net income of $5.7 .
The company’s stock has had an up-and-down history, bouncing between $1.00 and $1.20, but at the moment it is tanking below $1.00.

ToughBuilt Industries, Inc. (TBLT)

ToughBuilt Industries has been in the manufacturing industry for over five decades and they are still going strong. They offer a variety of products that have been perfecting their tools and techniques to be top of the line.

1) ToughBuilt Industries has been in the manufacturing industry for over five decades and they are still going strong.

2) They offer a variety of products that have been perfecting their tools and techniques to be top of the line.

3) ToughBuilt Industries is a profitable company with no debt, so why not invest in them?

Analysts are concerned that the company might have trouble finding a direction, while others are convinced that it’s an undervalued opportunity with potential for growth.

Investors should keep in mind that ToughBuilt Industries has adjusted its operations, focusing on improving margins. They are also devoting more resources to product development, which could translate into future growth opportunities for the company. They have been on a rocky path for the past couple of years tho.

oughBuilt Industries has found success in some specific areas. One is the DIY trade show market where they have seen incredible growth in terms of both profits and volume of sales. And they are still looking to expand into other markets as well.

It seems that ToughBuilt Industries is now on track for better days ahead.

Investors should consider adding TBLT to their portfolio because it has been doing well lately, especially compared to its competitors

Sigma Labs, Inc. (SGLB)

Sigma Labs Inc. (SGLB) is a provider of non-invasive surgical products for radiation therapy delivery systems. It is based in Cranbury, New Jersey. The company has been seeing declining revenues due to the ongoing fall-out from COVID-19, which makes it difficult to accurately forecast future cash flows. Sigma Labs, Inc. (SGLB) is a leading supplier of high-performance materials used in aerospace, electronics, and other high-tech industries.

Recently, Sigma Labs Inc. (SGLB) announced that it has recovered 7%. This recovery can be attributed to the company’s efforts in management restructuring and cost reduction initiatives as well as its focus on improving efficiency and productivity in order to reposition its business model for future growth opportunities.

Investment opportunities in Sigma Labs stock are lucrative as the company has a strong brand name and has sustained its growth over the years.

Sigma Labs, Inc. (SGLB) has fallen to $1.07 after the company missed earnings expectations for Q2FY19. The company reported revenue of $2.6 million with a loss per share of $0.24 for the quarter ended June 30, 2019. The drop in sales was due to the ongoing fall-out from COVID-19 which led to the cancellation of multiple contracts with both military and civilian customers for products that were related to COVID-19’s capabilities.

The company is looking forward to recovery in the near future with COVID-19, an innovative technology that can change the way people hear. There are also other new technologies that are being developed at Sigma Labs which should help regain market share.

Disclaimer

Penny stocks are known for their volatility and potential for catastrophic losses. Often times the prices listed in this article are hypothetical and do not represent buy recommendations or investment advice. We recommend that you make your own trading decisions.

Leave a comment

Your email address will not be published. Required fields are marked *

RSS
Follow by Email