Top 10 Best Penny Stocks to Invest in this Year.
The company potential is the determinant factor when you are planning for penny investments, remember for you to get involved in penny investing, you will need experience and better knowledge of the stock markets because you are investing in the company potential.
The first pick is the Aerotech which is s defense and designing manufacturing company that has over the years capitalized in the growth of the two of the biggest industries of virtual reality and drones, the difference that is between the Aerotech company and other companies is that is services 80% of the world global aviation, creating technology for the law and military enforcement making it rally at $4.20 followed by the correction of $3.66.
Mueller Water products is a leading fire hydrant in US having sold over three million fire hydrants with one selling at $1000,this company boosts of impressive supply base which makes it an ideal stock to buy and receives little commodity prices increasing the profit margins.
Another best penny stocks to invest in is the Valeant Pharmaceuticals since it price is very cheap and at the moment the company is one of the few in the US biotech industries that trade penny affordable, recently it has gained 35% in three trading days and offers one of the cheapest stock.
Twitter is another company that is making plans to monetize and have the logged in users and due to better monetization it has grown and expanded making it a better penny stock market company to invest in.
Alibaba Group Holdings passes as the largest retailer globally with cheap stock and growth in 30% sales with $18 billion dollars in investment and market capitalization of 200 billion dollars looking to surpass companies like Google, Apple and Alphabet Inc. for example.
The Five which is the Five Below Inc. is a store that has seen 25% of growth this year with intentions of operating 2000 stores and opening them in major cities.
If you spot a company that is looking to register growth of 18-20%in the next two years like Celgene Corporation, then that is a company worth investing in penny stocks, it also produces over $9.2 billion in revenue.
John Bean Technologies Corporation is a company that supplies that supplies food processing industries and air transport and worth investing in penny stock.
Mineral exploration has major returns and that is why Northern Dynasty Minerals Limited is ideal for penny investing in 2018.
Hecla Mining Company has registered impressive silver reserves in the next ten years and this makes it an ideal choice for penny investment.