Penny stocks are so attractive thanks to their explosive potential. These stocks trade for just dollars, or even pennies, and can post triple- or even quadruple-digit gains in a matter of days.
Take Marathon Patent Group Inc. (Nasdaq: MARA) for example. Shares of this penny stock soared 341% in just four days during the week of Thanksgiving.
That’s why we’re bringing readers one of the best penny stocks to watch for December.
While penny stockscan appreciate quickly, they are much riskier than normal stocks. Most penny stocks are listed on over-the-counter exchanges with no requirements for being listed.
As a result, some penny stocks are merely scamsrelying on pump-and-dumpschemes that could quickly drain your entire investment.
Hot Penny Stocks To Buy Right Now: Archer-Daniels-Midland Company(ADM)
- [By WWW.MONEYSHOW.COM]
Aflac (AFL) — yielding 2.5%
Archer-Daniels Midland (ADM) — yielding 2.7%
Chevron (CVX) — yielding 3.8%
ExxonMobil (XOM) — yielding 3.6%
Genuine Parts (GPC) — yielding 2.7%
Johnson & Johnson (JNJ) — yielding 2.8%
T. Rowe Price (TROW) — yielding 3.2%
Hot Penny Stocks To Buy Right Now: NRG Energy Inc.(NRG)
- [By Ben Levisohn]
NRG Energy (NRG) soared to the top of the S&P 500 today.
NRG Energygained 4.5% to $12.85 today, while the S&P 500 advanced 0.2% to 2,262.53.
In a note released on Dec. 15, Morgan Stanley’sStephen Byrd and team summarized the reasoning behind their overweight rating on NRG:
NRG Energy (NRG, Overweight, $21 PT) FCF/Equity yield of ~35% and balanced upside from diversified market exposure, higher PJM capacity prices, fleet optimization, and debt reduction. NRG’s generation plus retail matching strategy is an underappreciated source of value, and provides stable cash flow despite current depressed power prices in Texas.
NRG Energy’s market capitalization rose to $4.1 billion today from $3.8 billion yesterday. It reported a net loss of $6.4 billion on sales of $15 billion in 2015.
NRG Energy was the Biggest Loser on Nov. 10, and the Hot Stock on Nov. 4.
- [By Elizabeth Balboa]
Clarity on the GenOn Energy Inc settlement and PJM Interconnection auction led UBS analyst Julien Dumoulin-Smith to upgrade NRG Energy Inc (NYSE: NRG) Thursday to Buy with a $20 price target.
- [By Chris Lange]
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Thursday was NRG Energy, Inc. (NYSE: NRG) which rose over 5% to $22.20. The stocks 52-week range is $9.84 to $23.36. Volume was over 35 million compared to its average volume of 5.8 million.
Hot Penny Stocks To Buy Right Now: Patni Computer Systems Limited(PTI)
- [By William Romov]
Before we show you our pick, here are the top 10 penny stocks to watch this week
Penny Stock Current Share Price Nov. 27-Dec. 1 Gain (as of Dec. 1)
Pyxis Tankers Inc. (Nasdaq: PXS) $4.10 122.83%
Ohr Pharmaceuticals Inc. (Nasdaq: OHRP) $1.28 68.42%
Cerecor Inc. (Nasdaq: CERC) $1.74 47.46%
Proteostasis Therapeutics Inc. (Nasdaq: PTI) $2.52 37.71%
UT Starcom Holdings Corp. (Nasdaq: UTSI) $5.20 37.20%
WMIH Corp. (Nasdaq: WMIH) $0.96 33.46%
PhaseRx Inc. (Nasdaq: PZRX) $0.90 30.29%
Bellerophon Therapeutics Inc. (Nasdaq: BLPH) $2.04 29.94%
EV Energy Partners LP (Nasdaq: EVEP) $0.86 27.76%
Catalyst Pharmaceuticals Inc. (Nasdaq: CPRX) $4.40 25.71%
FREE PROFIT ALERTS: Get real-time recommendations on the best penny stock opportunities the moment we release them. Just sign up here, its completely free
- [By Lisa Levin]
Proteostasis Therapeutics Inc (NASDAQ: PTI) shares shot up 162 percent to $6.16 after the company disclosed 'positive' PTI-428 data with statistical significance.
Hot Penny Stocks To Buy Right Now: QC Holdings Inc.(QCCO)
- [By Monica Gerson]
QC Holdings (NASDAQ: QCCO) shares tumbled 2.58% to reach a new 52-week low of $2.27. QC Holdings’ trailing-twelve-month profit margin is 0.60%.
NewLead Holdings (NASDAQ: NEWL) shares dipped 6.56% to touch a new 52-week low of $0.08 after the company completed the acquisition of titles in the Viking Mine located in Kentucky, USA.