Tag Archives: SAFM

Top 5 Penny Stocks To Watch Right Now

After touching all-time highs of $64,800, Bitcoin (CCC:BTC-USD) witnessed a sharp correction. It briefly traded below $30,000 before making a gradual recovery. However, the positive momentum seems to be gaining traction. Bitcoin is now trading near $50,000 levels. As this price rises, investors may see multi-fold returns in crypto-related Reddit penny stocks.

In the last rally for Bitcoin, Marathon Digital (NASDAQ:MARA) skyrocketed from lows of $1.48 to a high of $57.75. Similarly, Riot Blockchain (NASDAQ:RIOT) had a 52-week range of $2.35 and $79.50. I will not be surprised if more....More>>>

Hot Penny Stocks To Own Right Now

Even though some penny stocks have multi-bagger potential, they’re incredibly risky. The companies behind them typically haven’t had much experience in the marketplace. However, well-known companies may also fall under this category if their shares have plummeted. With proper due diligence and diversification, penny stocks could add a lot of value to your portfolios.

Penny stocks are typically those shares which are trading below the $5 mark. They tend to be inherently riskier than large-cap companies. However, if picked wisely, they have the potential to provide big gains.

August....More>>>

Sanderson Farms, Inc. (NASDAQ:SAFM) Receives Consensus Recommendation of “Hold” from Ana

Sanderson Farms, Inc. (NASDAQ:SAFM) has been given an average rating of “Hold” by the nine brokerages that are currently covering the stock, Marketbeat Ratings reports. Seven research analysts have rated the stock with a hold recommendation and one has issued a strong buy recommendation on the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is $193.14.

Several analysts recently commented on SAFM shares. Credit Suisse Group boosted their price target on Sanderson Farms from $180.00 to $203.00 and gave....More>>>

Top Penny Stocks To Invest In 2023

Not all profits have to be made off the big names like Apple Inc. (NASDAQ: AAPL) or Amazon.com Inc. (NASDAQ: AMZN). While those big names tend to dominate the headlines, the smaller, often overlooked companies can land the same – or even bigger – gains.

Chris Johnson, Quantitative Specialist for Money Morning, views penny stocks as the perfect plays for these big moves. “I’m talking shifts of 100%, 200%, 300% in a matter of days,” says Chris.

And right now, there’s one such penny stock that could rocket 177% higher.

Top Penny Stocks To Invest....More>>>

Best Penny Stocks To Buy Right Now

Shares in Marathon Digital (NASDAQ:MARA) are on the move again. A penny stock through half of 2020, MARA posted over 400% growth at the start of 2021 before shedding more than half its value by mid-May. Along the way, trading in MARA stock was even halted by the U.S. Securities and Exchange Commission (SEC).

Source: biggunsband / Shutterstock.com

And did I mention that this name’s primary business is mining Bitcoin (CCC:BTC-USD)? Those are two strikes for many investors. Plus, if you want a third, how about the fact that Marathon Digital is the parent company of notorious....More>>>