Casino stocks with exposure to Macao took a nosedive on Tuesday after a few announcements from the government. One was that COVID-19 cases are on the rise in the Chinese province of Fujian and that could result in fewer visitors to Macao. More concerning is potential government r
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.
There have been plenty of improvement in key economic indicators of late. Core inflation has found calm while the jobs market is recovering, which has inspired a positive outlook from most analysts. As a rule of thumb, smaller-cap stocks and penny stocks perform well during periods with a positive economic outlook.
I’ve thus decided to sift through and pick a few penny stocks for investors who’re seeking to take full advantage of the market sentiment. I went into my search with the goal of finding seven penny stocks that provide solid prospects with reasonable risk-reward....More>>>
International Money Express (NASDAQ:IMXI) and MultiPlan (NYSE:MPLN) are both business services companies, but which is the superior business? We will contrast the two companies based on the strength of their dividends, analyst recommendations, institutional ownership, risk, profitability, earnings and valuation.
Insider and Institutional Ownership
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80.3% of International Money Express shares are held by institutional investors. Comparatively, 84.2% of MultiPlan shares are held by institutional investors. 16.0% of....More>>>
Excitement over meme stocks has been effective in helping to send biotech penny stocks on wild moves higher. But as that trend continues to fade, names in this category are going to lean more on company-specific catalysts to move the needle. Those catalysts will include progress and updates regarding their candidates in the pipeline for Food and Drug Administration (FDA) approval.
It’s approval itself from this regulatory agency that enables these new therapies, treatments, and vaccines to become available for sale in the U.S. That’s why biotech investors watch these developments....More>>>
Sonnet BioTherapeutics (NASDAQ:SONN) stock is taking off on Thursday and investors can thank retail traders on social media for pumping it higher.
SONN stock has been called out by several accounts on Twitter (NYSE:TWTR) as a strong short squeeze target. This has drawn in retail investors looking to pump the stock higher for profits. That movement started this morning with the company leading our pre-market winners.
Before you go investing in SONN stock, I have to point out its penny status. Even with the major gains today, the company is still only trading around $1.76.....More>>>
The Tax Cuts and Jobs Act raised the federal estate tax exemption considerably. Before the tax reform law, it was $5.49 million per person for 2017. It's up to $11.7 million for 2021 ($23.4 million for a married couple). So, now, even fewer taxpayers have to worry
It's the time of year when students say goodbye to their much-loved summer vacations and say hello to classes again. Not only does this annual event have implications for pupils, parents, and teachers, but it also provides certain public companies with a lucrative business boost.