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What Are The Top Penny Stocks to Watch?

Lily AldridgeVerified
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Summary：Discover the top penny stocks to watch in the current market, including GameStop, Sunworks, Zomedica, Naked Brand Group, and Jaguar Health. These high-risk, high-reward investments offer great opportunities for investors if researched and analyzed properly.

What Are The Top Penny Stocks to Watch?

Penny stocks are a popular choice for investors looking to make a quick profit. These stocks are considered high-risk, high-reward investments due to their low market capitalization and volatility. However, with proper research and analysis,penny stockscan offer great opportunities for investors. In this article, we will discuss the top penny stocks to watch in the current market.

1. GameStop Corp (GME)

GameStop Corp is a video game retailer that has seen a surge in its stock price due to the recent Reddit-fueled buying frenzy. The stock price of GME has increased by over 1,000% since the beginning of the year, making it one of the most talked-about penny stocks in the market. While the stock price may be volatile, investors can potentially make significant gains if they time their entry and exit points correctly.

2. Sunworks Inc (SUNW)

Sunworks Inc is a solar power company that designs, develops, and installs solar power systems for residential, commercial, and agricultural customers. The company has seen a significant increase in demand for its products and services as more people switch to renewable energy sources. As a result, the stock price of SUNW has increased by over 300% in the past year.

3. Zomedica Corp (ZOM)

Zomedica Corp is a veterinary diagnostic and pharmaceutical company that develops products for companion animals. The company has recently received FDA approval for its diagnostic platform, which could potentially lead to increased revenue and profits. While the stock price of ZOM has been volatile, investors can potentially make significant gains if the company continues to grow its customer base.

4. Naked Brand Group Ltd (NAKD)

Naked Brand Group Ltd is a fashion and lifestyle brand that designs and produces intimate apparel and swimwear. The company has recently announced a merger with an e-commerce platform that could potentially lead to increased revenue and profits. While the stock price of NAKD has been volatile, investors can potentially make significant gains if the merger is successful.

5. Jaguar Health Inc (JAGX)

Jaguar Health Inc is a pharmaceutical company that develops products for gastrointestinal health and immune support. The company has recently received FDA approval for its drug, which could potentially lead to increased revenue and profits. While the stock price of JAGX has been volatile, investors can potentially make significant gains if the company continues to grow its customer base.

In conclusion, penny stocks can offer great opportunities for investors if they do their research and analysis. While these stocks may be considered high-risk, high-reward investments, they can potentially lead to significant gains if timed correctly. Investors should always practice caution and diversify their portfolio when investing in penny stocks.

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penny stockshigh-risk investmentsGameStopSunworksZomedica
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