Top 10 Penny Stocks To Buy Right Now

Did you know that off-price retail has been one of the better-performing sectors over the past five years? Well, it’s true. Off-price retailers help larger department stores clear unsold inventory, then sell these department-store brands to customers, often at a 20% to 60% discount.

Riding the wave of post-recession penny-pinching on apparel, off-price retailers TJX Companies (NYSE:TJX) and Ross Stores (NASDAQ:ROST) have each outperformed the S&P 500 over the past one, three, and five years:

TJX 1-Year Price Returns (Daily) data by YCharts.

But of course, this impressive outperformance is in the rearview mirror. Is one of these a better buy now? Let’s find out.

Image source: Getty Images.

Top 10 Penny Stocks To Buy Right Now: Sirius XM Radio Inc.(SIRI)

Advisors’ Opinion:

  • [By Rick Munarriz]

    One of this year’s best comeback stories is falling into the arms of its most logical partner. Pandora (NYSE:P) is being acquired by Sirius XM Radio (NASDAQ:SIRI) in an all-stock deal that is currently valued at roughly $3.5 billion. Pandora investors will receive 1.44 newly issued shares of Sirius XM for every share they presently own. Sirius XM closed at $6.98 on Friday, translating into a buyout price of $10.05 per share. 

  • [By Lisa Levin] Gainers
    TherapeuticsMD, Inc. (NASDAQ: TXMD) rose 7.3 percent to $6.90 in pre-market trading after the company reported the FDA approval of TX-004HR: IMVEXXY (estradiol vaginal inserts) for moderate to severe dyspareunia due to menopause.
    Net 1 UEPS Technologies, Inc. (NASDAQ: UEPS) rose 6.1 percent to $10.50 in pre-market trading after falling 1.20 percent on Tuesday
    Movado Group, Inc. (NYSE: MOV) shares rose 5.7 percent to $44.60 in pre-market trading after the company reported better-than-expected Q1 results and raised its guidance.
    salesforce.com, inc. (NYSE: CRM) rose 5.4 percent to $133.67 in pre-market trading after the company reported better-than-expected earnings for its first quarter and raised its forecast for the full year.
    Sirius XM Holdings Inc. (NASDAQ: SIRI) rose 5.3 percent to $7.35 in pre-market trading.
    PagSeguro Digital Ltd. (NYSE: PAGS) rose 5.3 percent to $33.50 in pre-market trading after reporting Q1 results.
    SpartanNash Co (NASDAQ: SPTN) rose 4.9 percent to $19.80 in pre-market trading after the company reported upbeat earnings for its first quarter on Tuesday.
    Groupon, Inc. (NASDAQ: GRPN) rose 4.9 percent to $4.95 in pre-market trading. Dalian Wanda will set up a joint venture with Tencent and Groupon's former local unit, Reuters reported.
    Okta, Inc. (NASDAQ: OKTA) rose 4.4 percent to $56 in pre-market trading after gaining 3.43 percent on Tuesday
    Elbit Systems Ltd. (NASDAQ: ESLT) rose 4.3 percent to $120.92 in pre-market trading after gaining 2.05 percent on Tuesday.
    STMicroelectronics N.V. (NYSE: STM) shares rose 3.7 percent to $23.78 in pre-market trading after falling 4.70 percent on Tuesday.
    EVINE Live Inc (NASDAQ: EVLV) shares rose 2.7 percent to $1.14 in pre-market trading after reporting Q1 results.

    Find out what's going on in today's market and bring any questions you have to Benzinga's PreMarket Prep.

  • [By Steve Symington, Reuben Gregg Brewer, and Sean Williams]

    So, we asked three top Motley Fool contributors to each find a growth stock for the long term. Read on to learn why they like 2U (NASDAQ:TWOU), Sirius XM (NASDAQ:SIRI), and Eaton (NYSE:ETN).

Top 10 Penny Stocks To Buy Right Now: NRG Energy Inc.(NRG)

Advisors’ Opinion:

  • [By Logan Wallace]

    Energi (CURRENCY:NRG) traded 1.4% lower against the dollar during the 24-hour period ending at 15:00 PM E.T. on September 11th. One Energi coin can now be bought for about $0.31 or 0.00004951 BTC on major exchanges including Cryptopia, CryptoBridge and CoinExchange. Energi has a total market cap of $1.54 million and $4,327.00 worth of Energi was traded on exchanges in the last day. During the last seven days, Energi has traded down 9.2% against the dollar.

  • [By Matthew DiLallo]

    Shares of NRG Energy Inc. (NYSE:NRG) rose 10.9% in August, buoyed by its second-quarter results and an analyst upgrade.

    So what

    “Our business performed exceptionally well during the second quarter,” stated CEO Mauricio Gutierrez in the company’s earnings press release. Driving that view is that income from continuing operations rose from $99 million in the year-ago period to $121 million in this year’s second quarter. Powering the company’s improvement was its retail segment, where adjusted EBITDA came in at $298 million, which was $94 million higher than the second quarter of last year. The company’s generation business also delivered stronger results as adjusted EBITDA rose $45 million to $197 million. Those dual fuels enabled the company to reaffirm its full-year outlook for adjusted EBITDA between $2.8 billion to $3 billion.

  • [By Shane Hupp]

    State of Wisconsin Investment Board cut its holdings in shares of NRG Energy Inc (NYSE:NRG) by 12.8% in the 2nd quarter, Holdings Channel reports. The firm owned 61,614 shares of the utilities provider’s stock after selling 9,051 shares during the quarter. State of Wisconsin Investment Board’s holdings in NRG Energy were worth $1,892,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

  • [By Jon C. Ogg]

    NRG Energy Inc. (NYSE: NRG) was started with a Buy rating and assigned a $37 price objective (versus a $33.15 close) at Merrill Lynch.

    Oasis Petroleum Corp. (NYSE: OAS) was reiterated as Overweight and the target price was raised to $17 from $13 at Morgan Stanley.

  • [By Ethan Ryder]

    DTE Energy (NYSE: DTE) and NRG Energy (NYSE:NRG) are both utilities companies, but which is the superior investment? We will contrast the two businesses based on the strength of their earnings, institutional ownership, profitability, valuation, risk, dividends and analyst recommendations.

Top 10 Penny Stocks To Buy Right Now: New York Mortgage Trust Inc.(NYMT)

Advisors’ Opinion:

  • [By Shane Hupp]

    NY MTG TR INC/SH (NASDAQ:NYMT) has been given a consensus recommendation of “Hold” by the seven research firms that are covering the company, MarketBeat reports. Five investment analysts have rated the stock with a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $6.38.

  • [By Ethan Ryder]

    Get a free copy of the Zacks research report on NY Mtg Tr Inc/SH (NYMT)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By Joseph Griffin]

    Shares of NY Mtg Tr Inc/SH (NASDAQ:NYMT) have earned an average recommendation of “Hold” from the eight research firms that are presently covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, four have issued a hold recommendation and one has given a buy recommendation to the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $6.06.

  • [By Ethan Ryder]

    Bank of New York Mellon Corp cut its position in shares of NY Mtg Tr Inc/SH (NASDAQ:NYMT) by 2.1% during the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 1,265,207 shares of the real estate investment trust’s stock after selling 27,565 shares during the quarter. Bank of New York Mellon Corp owned 1.13% of NY Mtg Tr Inc/SH worth $7,604,000 as of its most recent filing with the SEC.

Top 10 Penny Stocks To Buy Right Now: Luna Innovations Incorporated(LUNA)

Advisors’ Opinion:

  • [By Ethan Ryder]

    Luna Coin (CURRENCY:LUNA) traded up 0.8% against the dollar during the one day period ending at 14:00 PM Eastern on September 18th. One Luna Coin coin can now be bought for about $0.0086 or 0.00000135 BTC on exchanges including CoinExchange and YoBit. Luna Coin has a market cap of $14,603.00 and approximately $2.00 worth of Luna Coin was traded on exchanges in the last day. In the last seven days, Luna Coin has traded down 6.7% against the dollar.

  • [By Shane Hupp]

    Luna Coin (CURRENCY:LUNA) traded 5.2% higher against the dollar during the 24 hour period ending at 16:00 PM Eastern on September 26th. Luna Coin has a total market capitalization of $11,480.00 and approximately $13.00 worth of Luna Coin was traded on exchanges in the last day. One Luna Coin coin can now be bought for $0.0067 or 0.00000104 BTC on major exchanges including CoinExchange and YoBit. Over the last seven days, Luna Coin has traded 20.8% lower against the dollar.

  • [By Logan Wallace]

    Get a free copy of the Zacks research report on Luna Innovations (LUNA)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

Top 10 Penny Stocks To Buy Right Now: Orchids Paper Products Company(TIS)

Advisors’ Opinion:

  • [By Money Morning Staff Reports]

    After looking at last week’s top-performing penny stocks, we’ll show you a penny stock on the verge of jumping over 159%…

    Penny Stock Current Share Price Last Week’s Gain
    My Size Inc. (NASDAQ: MYSZ) $1.19 60.71%
    Delcath Systems Inc. (OTCMKTS: DCTH) $3.21 52.38%
    Regional Health Properties Inc. (NYSE: RHE) $0.18 49.39%
    Nemaura Medical Inc. (NASDAQ: NMRD) $3.03 44.89%
    3Pea International Inc. (NASDAQ: TPNL) $4.62 42.24%
    PLx Pharma Inc. (NASDAQ: PLXP) $4.22 34.38%
    Orchids Paper Products Co. (NYSE: TIS) $3.99 34.30%
    DelMar Pharmaceuticals Inc. (NASDAQ: DMPI) $0.74 33.41%
    Restoration Robotics Inc. (NASDAQ: HAIR) $3.08 32.74%
    Renren Inc. (NYSE: RENN) $1.69 32.61%

    Don’t Miss Out: The Treasury is sitting on an $11.1 billion cash pile, and a loophole entitles Americans to a sizable portion. Some are collecting $1,795, $3,000, or $5,000 every month thanks to this powerful investment…

  • [By Lisa Levin] Gainers
    Check-Cap Ltd. (NASDAQ: CHEK) shares jumped 104.82 percent to close at $14.87 on Tuesday.
    EVINE Live Inc. (NASDAQ: EVLV) rose 31.25 percent to close at $1.06. The pay-TV home shopping company was named as a potential acquisition target by TechCrunch. According to the publication, Amazon.com, Inc. (NASDAQ: AMZN) is exploring ways of marketing its products and services to consumers beyond the internet.
    SemiLEDs Corporation (NASDAQ: LEDS) shares climbed 27.16 percent to close at $4.26 on Tuesday.
    Atossa Genetics Inc. (NASDAQ: ATOS) gained 27.09 percent to close at $3.80. Atossa Genetics disclosed that it has Received positive interim review from the Independent Safety Committee in Phase 1 Topical endoxifen dose escalation study in men.
    Heidrick & Struggles International, Inc. (NASDAQ: HSII) surged 17.13 percent to close at $37.95 as the company posted upbeat results for its first quarter.
    Santander Consumer USA Holdings Inc. (NYSE: SC) shares gained 15.91 percent to close at $18.21 following upbeat quarterly earnings.
    Riot Blockchain, Inc. (NASDAQ: RIOT) shares jumped 15.73 percent to close at $7.58 on Tuesday after declining 1.50 percent on Monday.
    Sanmina Corp (NASDAQ: SANM) shares gained 14.62 percent to close at $31.75 as the company reported stronger-than-expected earnings for its second quarter on Monday.
    Orchids Paper Products Company (NYSE: TIS) jumped 12.86 percent to close at $7.37. Orchids Paper Products is expected to report its Q1 financial results on Wednesday, April 25, 2018.
    Helix Energy Solutions Group, Inc. (NYSE: HLX) rose 12.8 percent to close at $7.05 following strong quarterly results.
    Avid Bioservices, Inc. (NASDAQ: CDMO) rose 12.72 percent to close at $3.81.
    Genprex, Inc. (NASDAQ: GNPX) gained 12.61 percent to close at $5.00.
    Obalon Therapeutics, Inc. (NASDAQ: OBLN) rose 12.39 percent to close at $3.72.
    NextDecade Corporation (NASDAQ: NEXT) shares climbed 11.88 percent to close at $7
  • [By Money Morning Staff Reports]

    Last week’s top performing penny stock, Orchids Paper Products Co. (NYSE: TIS), jumped over 218% after the company delivered a stellar earnings reports on Aug. 13.

Top 10 Penny Stocks To Buy Right Now: China Metro-Rural Holdings Limited(CNR)

Advisors’ Opinion:

  • [By Max Byerly]

    Canadian National Railway (NYSE:CNI) (TSE:CNR) – Cormark raised their Q3 2018 earnings per share (EPS) estimates for Canadian National Railway in a research report issued to clients and investors on Tuesday, April 10th. Cormark analyst D. Tyerman now expects that the transportation company will post earnings per share of $1.15 for the quarter, up from their previous estimate of $1.14.

  • [By Ethan Ryder]

    State of Tennessee Treasury Department lessened its stake in shares of Canadian National Railway (NYSE:CNI) (TSE:CNR) by 1.6% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 842,775 shares of the transportation company’s stock after selling 13,507 shares during the quarter. State of Tennessee Treasury Department owned about 0.11% of Canadian National Railway worth $61,565,000 as of its most recent filing with the SEC.

  • [By Stephan Byrd]

    Several brokerages have updated their recommendations and price targets on shares of Canadian National Railway (TSE: CNR) in the last few weeks:

    2/11/2019 – Canadian National Railway was given a new C$117.00 price target on by analysts at Morgan Stanley. 1/31/2019 – Canadian National Railway was given a new C$116.00 price target on by analysts at BMO Capital Markets. They now have a “market perform” rating on the stock. 1/30/2019 – Canadian National Railway had its “outperform” rating reaffirmed by analysts at Raymond James. They now have a C$125.00 price target on the stock. 1/30/2019 – Canadian National Railway had its price target raised by analysts at TD Securities from C$125.00 to C$130.00. They now have a “buy” rating on the stock. 1/30/2019 – Canadian National Railway had its price target raised by analysts at CIBC from C$118.00 to C$119.00. 1/30/2019 – Canadian National Railway had its price target raised by analysts at JPMorgan Chase & Co. from C$116.00 to C$119.00. 1/14/2019 – Canadian National Railway had its price target raised by analysts at JPMorgan Chase & Co. from C$112.00 to C$116.00. 1/7/2019 – Canadian National Railway had its price target raised by analysts at Morgan Stanley from C$114.00 to C$115.00. 1/2/2019 – Canadian National Railway had its price target lowered by analysts at CIBC from C$120.00 to C$118.00. 12/19/2018 – Canadian National Railway had its price target lowered by analysts at National Bank Financial from C$119.00 to C$110.00. They now have a “sector perform” rating on the stock. 12/18/2018 – Canadian National Railway had its price target lowered by analysts at JPMorgan Chase & Co. from C$122.00 to C$112.00. 12/17/2018 – Canadian National Railway had its price target lowered by analysts at Royal Bank of Canada from C$130.00 to C$128.00.

    Shares of CNR stock traded up C$1.79 during tr

  • [By Shane Hupp]

    Canadian National Railway (TSE:CNR) (NYSE:CNI) had its target price upped by investment analysts at CIBC from C$116.00 to C$120.00 in a research report issued on Friday. CIBC’s price objective suggests a potential upside of 3.54% from the stock’s current price.

Top 10 Penny Stocks To Buy Right Now: Patni Computer Systems Limited(PTI)

Advisors’ Opinion:

  • [By Chris Lange]

    Proteostasis Therapeutics Inc. (NASDAQ: PTI) saw its shares slide early on Thursday after the company reported that it had positive data from its early stage trial in cystic fibrosis (CF). These results come from the firm’s ongoing Phase 1 dosing study of PTI-801 in CF patients on background Orkambi (lumacaftor/ivacaftor) therapy.

Top 10 Penny Stocks To Buy Right Now: Transocean Inc.(RIG)

Advisors’ Opinion:

  • [By Reuben Gregg Brewer]

    Deep-sea drilling specialist Transocean Ltd. (NYSE:RIG) jumped 15.2% in September, according to data provided by S&P Global Market Intelligence. There have been a couple of big ups and downs this year, but through the first nine months of 2018, the stock was up a heady 30%. The timing of the September advance, however, coincided with some key news.

  • [By Logan Wallace]

    American International Group Inc. grew its position in shares of Transocean LTD (NYSE:RIG) by 7.7% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 872,019 shares of the offshore drilling services provider’s stock after buying an additional 62,611 shares during the quarter. American International Group Inc.’s holdings in Transocean were worth $8,633,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

  • [By Ethan Ryder]

    An issue of Transocean LTD (NYSE:RIG) debt fell 2.8% as a percentage of its face value during trading on Thursday. The high-yield debt issue has a 6.8% coupon and will mature on March 15, 2038. The bonds in the issue are now trading at $82.13 and were trading at $84.00 one week ago. Price changes in a company’s debt in credit markets often predict parallel changes in its stock price.

  • [By Ethan Ryder]

    Transocean LTD (NYSE:RIG) shares traded down 5.4% on Thursday . The stock traded as low as $8.03 and last traded at $8.35. 14,556,095 shares traded hands during mid-day trading, an increase of 5% from the average session volume of 13,824,703 shares. The stock had previously closed at $8.83.

  • [By Joseph Griffin]

    Shares of Transocean LTD (NYSE:RIG) have earned an average rating of “Hold” from the twenty-two analysts that are covering the stock, MarketBeat Ratings reports. Three research analysts have rated the stock with a sell recommendation, seven have given a hold recommendation and eleven have given a buy recommendation to the company. The average 12 month target price among brokers that have covered the stock in the last year is $12.80.

Top 10 Penny Stocks To Buy Right Now: UFP Technologies Inc.(UFPT)

Advisors’ Opinion:

  • [By Joseph Griffin]

    UFP Technologies (NASDAQ: UFPT) and China XD Plastics (NASDAQ:CXDC) are both small-cap industrial products companies, but which is the better business? We will contrast the two companies based on the strength of their dividends, valuation, analyst recommendations, institutional ownership, risk, profitability and earnings.

  • [By Logan Wallace]

    China XD Plastics (NASDAQ: CXDC) and UFP Technologies (NASDAQ:UFPT) are both small-cap basic materials companies, but which is the better stock? We will compare the two companies based on the strength of their profitability, analyst recommendations, dividends, institutional ownership, earnings, risk and valuation.

  • [By Ethan Ryder]

    Media coverage about UFP Technologies (NASDAQ:UFPT) has trended somewhat positive recently, Accern Sentiment Analysis reports. The research group identifies positive and negative press coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. UFP Technologies earned a daily sentiment score of 0.03 on Accern’s scale. Accern also assigned headlines about the industrial products company an impact score of 47.0533500754779 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

Top 10 Penny Stocks To Buy Right Now: Atlas Air Worldwide Holdings(AAWW)

Advisors’ Opinion:

  • [By Logan Wallace]

    Get a free copy of the Zacks research report on Atlas Air Worldwide (AAWW)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By Logan Wallace]

    BidaskClub upgraded shares of Atlas Air Worldwide (NASDAQ:AAWW) from a sell rating to a hold rating in a research note issued to investors on Tuesday morning.

  • [By Max Byerly]

    James Investment Research Inc. grew its position in shares of Atlas Air Worldwide Holdings, Inc. (NASDAQ:AAWW) by 124.4% during the 2nd quarter, Holdings Channel reports. The firm owned 58,875 shares of the transportation company’s stock after purchasing an additional 32,635 shares during the quarter. James Investment Research Inc.’s holdings in Atlas Air Worldwide were worth $4,221,000 at the end of the most recent quarter.

  • [By Max Byerly]

    Atlas Air Worldwide (NASDAQ:AAWW) was downgraded by stock analysts at BidaskClub from a “sell” rating to a “strong sell” rating in a research report issued on Wednesday.

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