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What are the Top Penny Stocks to Watch in 2021?

Max MullenVerified
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Summary：Discover the potential for high returns with the top penny stocks to watch in 2021. These best stocks under .10 cents include Genius Brands International, Plug Power, and Marin Software.

What are the Top Penny Stocks to Watch in 2021?

Penny stocks are low-priced stocks that trade outside of major market exchanges. While penny stocks can be risky investments, they also offer the potential for high returns. With the ongoing COVID-19 pandemic and the resulting economic uncertainty, many investors are looking to penny stocks for opportunities.

Here are some of the top penny stocks to watch in 2021:

1. Genius Brands International Inc. (GNUS)

Genius Brands International Inc. is a children's media company that creates and licenses animated content. The company has recently partnered with Stan Lee's POW! Entertainment to develop a new animated series. With the growing demand for family-friendly content during the pandemic, Genius Brands International Inc. could be a promising investment.

2. Plug Power Inc. (PLUG)

Plug Power Inc. is a leading provider of hydrogen fuel cell systems for electric vehicles. The company has recently announced partnerships with major companies such as Walmart and Amazon. With the increasing focus on renewable energy, Plug Power Inc. could be a strong investment in the long term.

3. Marin Software Inc. (MRIN)

Marin Software Inc. provides digital advertising management solutions to businesses. The company has recently announced a partnership with Instacart to provide advertising services to the grocery delivery company. With the growing demand for online shopping during the pandemic, Marin Software Inc. could be a promising investment.

Investment Strategies:

When investing in penny stocks, it is important to do thorough research on the company and its financials. It is also important to diversify your portfolio to minimize risk. One strategy is to invest in a mix of penny stocks and blue-chip stocks. Blue-chip stocks are stocks of large, well-established companies that are considered to be stable investments.

Another strategy is to invest in penny stocks with a market cap of over $50 million. These stocks are generally considered to be less risky than those with a smaller market cap.

Investment Experience:

One investor who has had success with penny stocks is Timothy Sykes. Sykes started trading penny stocks in college and has since turned his $12,000 Bar Mitzvah gift into over $5 million in trading profits. He now shares his strategies and insights through his website and training programs.

Conclusion:

Penny stocks can be a risky investment, but with careful research and diversification, they can also offer the potential for high returns. Genius Brands International Inc., Plug Power Inc., and Marin Software Inc. are just a few of the top penny stocks to watch in 2021. It is important to develop a sound investment strategy and learn from successful investors like Timothy Sykes.

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