Marathon Patent Group Inc. (Nasdaq: MARA) is among the top penny stocks to watch for December after climbing an astonishing 341% during the short Thanksgiving week.
While that’s a great gain, we’re recommending a different stock to our readers. This stock is positioned for huge returns and is less volatile.
Instead, the company we’ll show you today is on the cusp of turning Silicon Valley on its head by ushering in a new era of truly wire-free charging. Before we reveal the pick, here are the top 10 penny stocks to watch this week…
Best Stocks To Buy For 2018: Graham Corporation(GHM)
- [By Monica Gerson]
Graham Corporation (NYSE: GHM) is expected to report its quarterly earnings at $0.12 per share on revenue of $23.54 million.
Heico Corp (NYSE: HEI) is estimated to post its quarterly earnings at $0.54 per share.
Best Stocks To Buy For 2018: Alaska Air Group, Inc.(ALK)
- [By Ben Levisohn]
Alaska Air Group (ALK) has advanced 1.3% to $94.55 after getting upgraded to Buy from Hold at Stifel.
Shake Shack (SHAK) has risen 1.7% to $33 after getting upgraded to Neutral from Underperform at Wedbush.
- [By Adam Levine-Weinberg]
To meet this condition, Delta and Aeromexico agreed to divest up to 24 slot pairs at Mexico City International Airport. Now, the three largest low-fare airlines in the U.S. — Southwest Airlines (NYSE:LUV), Alaska Air (NYSE:ALK), and JetBlue Airways (NASDAQ:JBLU) — are close to being cleared for expansion in Mexico City.
- [By Adam Levine-Weinberg]
Last year, a potential solution appeared when Alaska Air (NYSE:ALK) acquired Virgin America, which is the only other commercial airline at Love Field, whereas Alaska Airlines flies to nearby Dallas-Fort Worth International Airport (DFW). It seemed plausible that Alaska would consolidate its Dallas-area operations at DFW, the region’s main airport.
Best Stocks To Buy For 2018: Hertz Global Holdings Inc(HTZ)
- [By Chris Lange]
Shares of Hertz Global Holdings Inc. (NYSE: HTZ) were cut in half on Tuesday after the company missed earnings in its most recent report. Hertz reported its third-quarter financial results lateon Monday. Although earnings did not live up to expectations, what really hurt in this report was the guidance.
- [By Craig Jones]
On CNBC's Fast Money Halftime Report, Jon Najarian spoke about a big volume in the May 20 calls in Hertz Global Holdings, Inc (NYSE: HTZ). He believes the stock has some upside potential and he decided to buy the upside calls in the name. He is going to hold them for two to three weeks.
- [By Dan Caplinger]
The stock market continued to climb sharply on Wednesday, sending major market benchmarks to record highs yet again and propelling the Dow Jones Industrials up more than 100 points. Economic data continued to support the notion that the U.S. economy remains strong, and rising inflation levels led many to conclude that the Federal Reserve is more likely than ever to follow through on its promise to keep lifting short-term interest rates in 2017. Rising bond yields reflected investors’ reluctance to hold onto fixed-income investments in anticipation of higher rates, prompting some to shift assets into the stock market. Several companies also reported, andFortress Investment Group (NYSE:FIG), Editas Medicine (NASDAQ:EDIT), and Hertz Global Holdings (NYSE:HTZ) were among the top performers on the day. Below, we’ll look more closely at these stocks to tell you why they did so well.
Best Stocks To Buy For 2018: Alexco Resource Corp(AXU)
- [By Cameron Saucier]
Alexco Resource (NYSEMKT: AXU) operates in two segments: an environmental services business and a mining company. Its mining segment explores developments in Canada, while its environmental segment provides consulting and project management services in the United States and Canada. AXU is up over 400% YTD. The stock has been steadily rising since January. It isn’t clear what’s driving AXU upwards, other than general investor speculation. The stock is trading at $1.72 per share as of Monday intraday.