It's important for investors to know how to invest in penny stocks safely. That's because they're often volatile and can sometimes be fraudulent, despite offering triple-digit returns in a matter of weeks. We'll show you our top two strategies for finding good penny stocks to buy, plus our small-cap stock pick primed for double-digit growth this year…
Video3 Strategies for Investing in Penny StocksIf you're looking for proof of just how explosively profitable penny stocks are, Delcath Systems Inc. (Nasdaq: DCTH) is a perfect piece of evidence. This company saw its stock price surge from $0.02 on June 1 to $0.19 on June 26. That marked a stunning 850% gain, which happened after the company announced phase 2 trial data for its cancer drug Melphalan would be released.
But these triple-digit returns aren't always justified by the company's profits or business potential. For instance, Chinese energy company Hongli Clean Energy Technologies Corp. (Nasdaq: CETC) saw shares jump 144% from $1.90 to $4.63 during just the first five sessions of April.
Top Clean Energy Stocks To Own Right Now: Altisource Residential Corporation(RESI)
Advisors' Opinion:- [By Logan Wallace]
Front Yard Residential (NYSE:RESI) issued its quarterly earnings data on Tuesday. The real estate investment trust reported ($0.51) EPS for the quarter, missing analysts’ consensus estimates of ($0.49) by ($0.02), Morningstar.com reports. Front Yard Residential had a negative return on equity of 25.77% and a negative net margin of 196.93%.
- [By Shane Hupp]
Front Yard Residential Corp (NYSE:RESI) was the target of some unusual options trading activity on Thursday. Traders bought 3,877 put options on the company. This is an increase of approximately 899% compared to the average volume of 388 put options.
- [By Logan Wallace]
Vonovia SE Depository Receipt (NYSE: RESI) and Front Yard Residential (NYSE:RESI) are both finance companies, but which is the better business? We will compare the two businesses based on the strength of their valuation, institutional ownership, risk, dividends, analyst recommendations, profitability and earnings.
Top Clean Energy Stocks To Own Right Now: Arthur J. Gallagher & Co.(AJG)
Advisors' Opinion:- [By Joseph Griffin]
Get a free copy of the Zacks research report on Arthur J Gallagher & Co (AJG)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Max Byerly]
Get a free copy of the Zacks research report on Arthur J Gallagher & Co (AJG)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Logan Wallace]
Arthur J Gallagher & Co (NYSE:AJG) reached a new 52-week high on Wednesday . The company traded as high as $76.05 and last traded at $75.83, with a volume of 35973 shares changing hands. The stock had previously closed at $75.00.
- [By Joseph Griffin]
COPYRIGHT VIOLATION NOTICE: “Los Angeles Capital Management & Equity Research Inc. Has $17.16 Million Holdings in Arthur J Gallagher & Co (AJG)” was originally posted by Ticker Report and is the property of of Ticker Report. If you are accessing this news story on another publication, it was illegally stolen and republished in violation of United States and international copyright and trademark laws. The correct version of this news story can be viewed at https://www.tickerreport.com/banking-finance/4192642/los-angeles-capital-management-equity-research-inc-has-17-16-million-holdings-in-arthur-j-gallagher-co-ajg.html.
Top Clean Energy Stocks To Own Right Now: Columbia Sportswear Company(COLM)
Advisors' Opinion:- [By Shane Hupp]
Columbia Sportswear (NASDAQ:COLM) had its target price raised by research analysts at Wedbush from $102.00 to $103.00 in a research report issued on Wednesday. The firm presently has an “outperform” rating on the textile maker’s stock. Wedbush’s price target would indicate a potential upside of 13.99% from the company’s current price.
- [By Shane Hupp]
Columbia Sportswear (NASDAQ:COLM) hit a new 52-week high and low during mid-day trading on Tuesday . The stock traded as low as $88.86 and last traded at $88.27, with a volume of 4020 shares traded. The stock had previously closed at $87.29.
- [By Ethan Ryder]
Get a free copy of the Zacks research report on Columbia Sportswear (COLM)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Joseph Griffin]
Schwab Charles Investment Management Inc. trimmed its position in Columbia Sportswear (NASDAQ:COLM) by 15.0% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 218,646 shares of the textile maker’s stock after selling 38,455 shares during the period. Schwab Charles Investment Management Inc. owned about 0.31% of Columbia Sportswear worth $20,000,000 as of its most recent SEC filing.
- [By Ethan Ryder]
Bessemer Group Inc. lowered its position in shares of Columbia Sportswear (NASDAQ:COLM) by 7.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 21,300 shares of the textile maker’s stock after selling 1,800 shares during the period. Bessemer Group Inc.’s holdings in Columbia Sportswear were worth $1,791,000 as of its most recent SEC filing.
Top Clean Energy Stocks To Own Right Now: The Michaels Companies, Inc.(MIK)
Advisors' Opinion:- [By Logan Wallace]
Michaels Companies (NASDAQ:MIK) was upgraded by research analysts at BidaskClub from a “hold” rating to a “buy” rating in a research note issued to investors on Wednesday.
- [By Anders Bylund]
Shares of Michaels Companies (NASDAQ:MIK) fell as much as 19.1% lower on Thursday morning, following the release of solid first-quarter earnings with a side of modest next-period guidance. At 12:50 p.m. EDT, the stock had recovered only slightly to reach a 17.6% price drop.
- [By Garrett Baldwin]
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Stocks to Watch Today: AMZN, CPB, ANF Amazon.com Inc. (Nasdaq: AMZN) is now sitting just shy of the $1 trillion market after the stock added 3% before the bell Thursday. The stock has doubled over the last year and is on the verge of cracking the $2,000-per-share level. The stock has rallied as it has pursued profitability at the expense of growth in recent quarters, a departure from its earlier years as an expanding, do-it-all e-commerce company. Shares of Campbell Soup Co. (NYSE: CPB) fell 1.2% in pre-market hours after the firm reported earnings and revenue before the bell. The consumer goods firm matched earnings per share expectations of $0.28 but fell short of the $2.243 billion in revenue forecast by Wall Street. The stock has been under significant pressure in 2018, falling 25%, while its CEO stepped down from the position in May. The firm said today that it plans to divest two international business divisions and its fresh foods business. Look for earnings reports from Abercrombie & Fitch Co. (NYSE: ANF), Dollar General Corp. (NYSE: DG), Dollar Tree Inc. (Nasdaq: DLTR), Michaels Co. Inc. (NYSE: MIK), American Outdoor Brands Corp. (Nasdaq: AOBC), and Lululemon Athletica Inc. (Nasdaq: LULU).Follow Money Morning on Facebook, Twitter, and LinkedIn.
- [By Logan Wallace]
Michaels Companies Inc (NASDAQ:MIK) saw some unusual options trading on Wednesday. Investors purchased 19,553 put options on the company. This is an increase of 3,850% compared to the average volume of 495 put options.
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