Top 10 Best Penny Stocks to Invest in this Year.
Penny trade investing need extra caution when the market volatilities are high this is because this business involves investing in the company’s potential and will often require considerable amount of investing experience and expertise and with names trending and making it big in the stocks market, this is the perfect time in some of the market hot picks.
The Aerotech deals with defense designs production capitalizing on virtual reality and drones and it supplies 80% of the world’s global aviation products.
Mueller Water Products is another company worth investing in penny stocks, it is the leading fire hydrant maker in America and having sold over 3 million fire hydrants the company is doing an impressive job with one hydrant going for $1000, the company always receives low commodity prices increasing the profit margins.
Another best penny company to invest is the Valeant Pharmaceuticals since it has cheap prices and at the moment Valeant is one of the leading biotech industries that trade affordable and recently gained over 35% in just 3 trading days.
Better and perfect monetization is the power to the growth and expansion of Twitter, Twitter company is going to increase the revenue by charging the users half of what the logged users are charged.
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.
Five Below Inc. is another company that has impressive growth and one of the best to invest in penny right now since it has experience 25% off growth this year with intentions of operation over 2000 stores in major cities like Texas, Ohio and California.
Celgene Corporation last year of 2017 produced over $9.2 billion in revenue and being one of the best drug selling company in the world it is expected to experience 18-20% growth in the next two years ,if you want to buy penny stock Celgene is the right company.
Since most people prefer to travel by air, John Bean Technologies supply air transport and an ideal choice for penny stocks.
The Northern Dynasty Minerals Limited is a company that specializes in mineral exploration and looking to register massive growth in the next two years.
Hecla Mining Company has registered impressive silver reserves in the next ten years and this makes it an ideal choice for penny investment.