Penny Stocks to Watch
At StockTips.com, the companies we profile generally fall into one of three categories:
- 1. Highly speculative stocks that are currently the subject, or we believe within three months or so are likely to become the subject, of an investor awareness campaign. While these stocks may be good long-term investments, we do not evaluated them as such. We present them purely as a bet that at some time in the near future the price will rise dramatically at least for a short time. You can quickly learn about trading this type of stock here.
- 2. Penny stocks that we believe offer the potential for long term growth, some with the potential for jumping to a whole other price level at some point. Here we strive to bring to our readers attention interesting companies that they would be unlikely to hear about without our profile. This is the category we’re recapping in this article.
- 3. Growth and Income stocks of large corporations. We do this rarely, but we do.
As you read this article, remember that it’s really too early to judge the success or failure of these picks. But so far we continue to have confidence in these stocks.
Penny Stocks to Watch
On Jan 20th we profiled NUAN when it was trading around $29 a share.
While there were a few opportunities for attentive investors to make a small profit, the price has recently been in the high $23 to high $26 range. This company has made a lot of progress in its business since our profile, but unfortunately the price has not reflected this. A big reason is that their revenues and earnings for the quarter ended December 31st, released after our profile, were less than the guidance they had given.
View NUAN profile here.
On Jan 27th we profiled VTG when it was trading around $1.25 a share.
Before the recent market decline, this stock was trading solidly in the high $1.50s and $1.60s, although over the past week it has been trading in the mid $1.40s to the mid $1.50s. The most recent peak was $1.78, which ideally could have yielded a max profit of 42%. However, we still believe that the best is yet to come so keep an eye on this one.
View VTG profile here.
On Feb 12th we profiled GEOY when it was trading mostly in the lower $22s per share.
With the exception of a few days last week and a dip in early March, this stock has been trading solidly in the $23 to high $25 range. This stock’s future is highly dependent on government defense spending, which is currently in active debate.
View GEOY profile here.
On Mar 20th we profiled CPST when it was trading around $1.10 a share.
This stock has recently been trading in the mid $0.90s to mid $1.00s, where it will likely stay until annual revenues are released in June. If revenues are near or above analysts’ expectations, we should see a jump in price. For CPST, the street tends to expect extraordinary revenue increases year-to-year and quarter-to-quarter, and tend to punish this stock if increases are “only” 20 – 30 %. We believe the real key to this stock is the company’s steady progress to profitability, and when it approaches this milestone sometime in the next year to two, the price could jump to $4 or $5.
View CPST profile here.
On Mar 22nd we profiled END when it was trading at $12.09 a share.
However, since the North Sea gas leak and market pull back, the stock has been trading mainly in the high $11s with a few jumps into the $12s. We continue to have confidence in the long-term prospects for this stock.
View END profile here.
On Mar 22nd we also profiled EGHT when it was trading mainly in the $3.80s a share.
For most of the time since our profile, EGHT has been trading solidly in the low $4 range in spite of the market pullback.
View EGHT profile here.
On Mar 26th we profiled POZN when it was trading around $5.50 a share.
Since our alert it has steadily gone up and is currently trading in the mid to high $7 range. As a biotech firm it is still subject to a lot of risks in the future so investors in this stock should regularly check in on its status.
View POZN profile here.
On Apr 2nd we profiled CDTI when it was trading around $3.90 a share.
A downward trend is visible on this stock and recent trades have been in the mid $3.20 to mid $3.80 range. However, this stocks long history and innovative products should lead to long term growth.
View CDTI profile here.
For investors interested in any of these stocks, always remember to do your own due diligence, checking up company filings and consulting with an investment professional.
Additionally, please read our disclaimer.
NOTICE: This article was based on research of stock market information and other sources of information, found both online and in print media. Neither StockTips.com nor any of its owners, contributors, officers, directors, consultants, or employees take responsibility for the accuracy of the information contained in this article or the accuracy of the information on which this article was based. StockTips.com was not compensated by any of the companies mentioned in this article for the preparation of this material, nor were the materials approved by the companies which were mentioned.