What Are Today's Top Performing Penny Stocks?

What Are Today's Top Performing Penny Stocks?

Penny stocks are low-priced stocks that trade outside of the major market exchanges. They are often associated with high risk and high reward, making them an attractive investment opportunity for those willing to take a chance. In today's market, there are several penny stocks that are performing exceptionally well. In this article, we will discuss the top performing penny stocks and offer some insight into why they are performing so well.

1. Biocept Inc. (BIOC)

Biocept Inc. is a molecular diagnostics company that develops and commercializes liquid biopsy tests. The stock has seen a significant increase in price over the past few months, as the company has announced severalnew partnershipsand received FDA emergency use authorization for its COVID-19 test. Additionally, the company's liquid biopsy tests have shown promising results in detecting cancer and other diseases.

2. Avinger Inc. (AVGR)

Avinger Inc. is a medical device company that develops and commercializes image-guided, catheter-based systems for the treatment of patients with peripheral artery disease. The stock has seen a recent surge in price due to the company's announcement of a new partnership with Innovatus Imaging Corporation. This partnership will allow Avinger to expand its product line and increase revenue.

3. Conformis Inc. (CFMS)

Conformis Inc. is a medical device company that specializes in the design and manufacture of customized joint replacement implants. The stock has seen a recent increase in price due to the company's announcement of a new partnership with Stryker Corporation. This partnership will allow Conformis to expand its product line and increase revenue.

Investing in penny stocks can be a high-risk, high-reward endeavor. It is important to do your research and understand the potential risks involved before investing. One strategy for mitigating risk is to diversify your portfolio and invest in a variety of stocks. Additionally, it is important to have a long-term investment strategy and not be swayed by short-term market fluctuations.

In conclusion, Biocept Inc., Avinger Inc., and Conformis Inc. are currently the top performing penny stocks in the market. These companies have seen recent increases in price due to new partnerships and promising product developments. As with any investment, it is important to do your due diligence and understand the risks involved before investing in penny stocks.