Step Two When Looking for the Top 5 Penny Stocks to Buy Now

Top Penny Stocks for 2018 – October 18, 2018

Benzinga's stocks of the month.

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Step One When Looking for the Top 5 Penny Stocks to Buy Now

The mine historically produced 2. Au between and , with production peaking at , oz. Rise aims to continue its drilling program, which has thus far found results including On December 13, , the Company released assay results for its drilling program at the Idaho-Maryland mine. The results indicate several new targets including a 52 vein area assay with Employees receive a Mastercard or Unionpay payroll card, and can conduct banking transactions through its mobile app.

Tethyan Resources is a junior exploration company operating in the Balkans. The Company holds sq. The Kizevak zinc-lead-silver project, located in the vicinity of a past-producing open-pit mine, completed a 1,m drill program on August 22, The Rednica project contains two copper-gold-molybdenum porphyry centres over a 1. Hemisphere Energy is a Canada-based oil producer operating in eastern Alberta. Currently, the Company targets high growth in the bioplastics space by leveraging the increasing demand for plant-based packaging and products.

Power Metals is a hard rock lithium explorer focused on its flagship Case Lake property, comprising 38 mining claims for 7, Ha, located km north of Kirkland Lake, Ontario.

An all-seasons access road encircles the property. Although limited to 83 current drilled holes, work-to-date indicates that spodumene pegmatites may occur throughout the property in dykes hosted by domes. There are nine dome targets on the property, and only one has been drilled to-date, the Henry Dome, which hosts the Northeast and Main Dykes. Following the results, the Company has permitted the area for a stripping and drilling campaign which gives the Company a second highly prospective drilling site to pair with the Case Lake property.

The Kittson project includes two former producing mines called Shakt-Davies and Kittson, and is adjacent to a third, the Edison mine, all of which were principally developed for their cobalt rather than silver content. Edison Cobalt announced the identification of a new gold-rich cobalt mineralization zone located meters north of the Kittson mine. Nova Leap Health is a North American provider of personal home care and support services.

Since October , the Company has completed five acquisitions and now has operations in 6 locations within Vermont, New Hampshire, Rhode Island, Massachusetts, and Nova Scotia employing more than employees. Touchstone Exploration Inc is a Canadian-based oil and gas producer with wells in Trinidad and Tobago.

Although, there are likely to be bumps along the way. The innovative products can make them attractive as takeover candidates for larger companies — and takeovers can make share prices soar. That's a great way as an investor to see a quick gain — even if you can't predict that this will definitely happen. You either get to enjoy the stock's climb as it matures — or you get a faster profit when it gets bought out.

We also follow that news here. Investors should also consider the markets in which penny stock companies are engaged. In general, stocks do well if their markets are large, growing, or both. That means plenty of customers to sell those innovative products to and plenty of room to expand. Now, we will break this rule occasionally — as you'll see below. But when you are out there on your own, unless your risk tolerance is high, it's risky to follow a stock trading over-the-counter or on Pink Sheets.

Some solid companies start out that way, but know that you will need to dig a little deeper to see if this company is legitimate. Our first top penny stock to buy now is Fuel Cell Energy Inc. This stock has moved out of its penny stock range, though. For a complete look at why this penny stock is on our buy list, check out this report. We like this biotech pick because of its strong position in developing vaccines for pandemic flu viruses. This is especially important as Zika virus becomes a bigger global concern.

STM is among the top penny stocks to invest in because it is a leader in the chip-making industry. This will become an even bigger industry as autos use chips to become "connected" and self-driving. It supplies voice, video, and data services and products.

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Ally Invest has phenomenal research platforms to keep you up to date when trading penny stocks. Hemisphere Energy is a Canada-based oil producer operating in eastern Alberta.

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