Why these penny stocks are number one for investors right now
Finding the best penny stocks to add to your watchlist is the hardest part of being an investor. While there are hundreds of penny stocks to choose from, not all will have either short-term or long-term value. To determine which on the list of penny stocks might be the best to buy, there are a few strategies to consider.
On the one hand, investors need to have a thorough understanding of what type of trader they are. This is the best way to tell which penny stocks are right for you and which are not.
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Second, investors should consider what is going on in the market and how it may affect a single penny stock or industry. With a large selection of penny stocks, it is important to find the best for your individual portfolio. With that in mind, let’s take a look at four that might be worth adding to your watchlist.
4 Hot Penny Stocks To Watch For In July
- Yamana Gold Inc. (NYSE: AUY)
- Express Inc. (NYSE: EXPR)
- Genius Brands International Inc. (NASDAQ: GNUS)
- Jaguar Health Inc. (NASDAQ: JAGX)
Yamana Gold Inc. (NYSE: AUY)
Yamana Gold Inc. is a precious metals mining stock that operates in various locations around the world. The main mining operations are located in Brazil, Canada, Chile and Argentina. The company searches for gold and silver ores at these locations. In particular, Yamana has interests in the Malartic Mine, the Cerro Moro Mine, the Minera Florida Mine and other properties.
On July 12, the company announced a feasibility study update for its Wasamac project in addition to a conference call. This will take place on Tuesday, July 20, 2021. The update will give a lot of insights into the current company development.
Just a few days earlier, the AUY continued to show solid bullish investor sentiment. The company’s volume is also currently well above the market average. 5 days ago the company was trading at $ 4.18 per share; now it is trading at $ 4.35 per share. Will you be adding AUY to your Penny Stock Watchlist with this upcoming update?
Express Inc. (NYSE: EXPR)
Express Inc. is a popular penny stock that has been gaining traction in recent trading sessions. If you’re unfamiliar, EXPR is a US apparel provider for retail markets. In early 2021, the company operated 570 stores in 46 different states. In addition, EXPR sells its products through its e-commerce website express.com and has several franchise locations in Latin America.
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This is another on the long list of companies that have come to be known as “meme stocks”. Meme stocks are ones that are gaining attention and volume due to the social media hype. EXPR stocks have been featured frequently in subreddits like the infamous r / wallstreetbets and r / DDintoGME.
At the start of the year, EXPR shares were below $ 1 per share. At one point in February, the company had a day of tremendous momentum, hitting over $ 13 per share. This momentum was short-lived and the company turned back to a penny stock. Now on July 15th, EXPR stock is trading at $ 4.69 per share. While it’s not near its 2021 high, it’s much higher than it was at the start of the year. With that in mind, will EXPR make your list of penny stocks to keep an eye on?
Genius Brands International Inc. (NASDAQ: GNUS)
Genius Brands International Inc. is a content and brand management penny stock operating in the entertainment industry. The company offers a variety of series such as Llama Llama and Warren Buffets Secret Millionaire’s Club. All series are shows for the age group from toddlers to tweens. The company serves broadcasters, licensees, manufacturers, retailers and more.
One of the company’s shows, Stan Lee’s Superhero Kindergarten, has just passed a major milestone. Meanwhile, the show on the “Kartoon Channel!” of the company exceeded the 40 million mark. This was a great achievement for the company, showing the success of their new show. The company also recently debuted its Christmas In July show, presented by Chuck E. Cheese.
“We are determined, Kartoon Channel! the most successful streaming network for children and will continue to launch bold initiatives like ‘Christmas in July’. To that end, we will continue to offer a family entertainment destination that delivers unique viewing experiences that appeal to a broad segment of the population, with content that celebrates diversity and inclusivity. ”
The President of the Kartoon Channel
Given these advances, will you add GNUS to your list of penny stocks to check out?
Jaguar Health Inc. (NASDAQ: JAGX)
Jaguar Health Inc. is a biotechnological penny stock developing prescription drugs. The company’s focus is on drugs for the treatment of gastrointestinal complaints in humans and animals. One of the products sold is Mytesi, which consists of 125 mg Crofelemer tablets used to treat non-infectious diarrhea in people with HIV / AIDS.
On July 14, the company announced the completion of an investigator-initiated phase 2 HALT-D study evaluating Mytesi. The aim is to test its effectiveness for symptomatic relief of diarrhea in HER2-positive breast cancer patients undergoing chemotherapy.
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The company’s President and CEO, Lisa Conte, said: “We are very pleased with the completion of the HALT-D study and look forward to the possible acceptance and publication of the study results later this year.” While trading hasn’t been ideal for JAGX stock in the last month or so, it looks like it could have a lot of potential in the near future. But on July 15th, JAGX showed solid bullish sentiment again. Given all of the above, will JAGX be added to your Penny Stock Watchlist in July?
Penny stocks continue to heat up in July 2021
There are hundreds of penny stocks showing potential in July. This includes both the more popular small caps and those that you may not have heard of. However, it is always extremely important to consider what a company is doing and what factors are affecting its share price. With that in mind, it’s no wonder that penny stocks continue to heat up in July 2021.
COMTEX_389925593 / 2685 / 2021-07-16T14: 54: 11
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source https://thedailytradingnews.com/4-penny-stocks-that-are-worth-adding-to-your-watchlist-in-july/
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