Addicted to playing in penny stocks? You surely have found the right method to trade so that your profit increases significantly. Do not feel satisfied if you want to keep playing but always update the best penny stocks to buy. By the way, that is one of the advantages of following this page. Since last month, there are a lot of new stocks emerge in the market exchange. Apparently, the best penny stocks to buy today exactly in July differ from them. Roughly, could you use the stocks launched in June? Well, let’s see the truth below!
Top 3 Penny Stocks to Buy standing out since Early July
It is the sixth day in July 2019 where the weather is very suitable for any activities. Since several days ago, there are 3 stocks always which keep shining in the market exchange. Many people interest to buy it so that they become the best penny stocks in July 2019 to buy. As the penny stocks hunter, you may not leave behind to see them and prepare to take home. What do they look like, here are the shining stocks:
1. Foresight Autonomous (FRSX)
Let this page introduce for you what Foresight Autonomous is if you never hear before. It is the company which develops and commercializes sensor system becoming the original equipment manufacturer in China. Even, it only competes with one manufacturer hereafter struck a deal with a Tier One supplier in China. In fact, the struck gives a significant deal made the stock soared up to 27% on Friday.
2. Opko Health (OPK)
Opko Health becomes one of the standing out stock to watch since several weeks ago. It has been increasing by 10% after getting some positive developments on Friday. Several weeks before, it turned out to gain 20% so that it looks very great. This penny stock to watch for July 2019 becomes more appealing after getting a permit from Novitas Solution. OPKO allows reimbursing of the 4K test for prostate cancer. Apparently, the allowance gives a significant development for OPKO.
3. Nabor Industries (NBR)
Nabor Industries is the last shining penny stocks on this week with a soaring profit of 45%. Seemly, this US drilling company has been experiencing a price recovery. Those all make NBR is able to earn up to $809. 3 million in Q1 2019. In fact, this news defeats the analysis estimation from $774 million. Actually, the successful works because of various global factors such as below:
- In Q1 2018, NBR got support from the growth of the US company drilling interest. The support made it earning a significant income from $734.6 million.
- The company also succeed to reduce the disadvantage in the last year quarter from 46 cents per stock. Further, it decreases again become 36 cents in the last quarter.
- NBR wants to operate about 120, 9 oil rigs in the US. It is much more than last year that only 111, 8 oil rigs.
Top 4 Penny Stocks Shining during June 2019
Indeed, the best penny stocks to buy this week differ from the stock appeared in June. However, it does not matter that those stocks are expired and you can use it again. Then you only make unclear speculation, precisely, you see top 4 stocks might be still shining:
1. Xinyuan Real Estate Co. Ltd
See on the name, it comes from China wherein the penny stock to trade owner established it in 1997. Formerly, it only focused to serve the middle-income consumers in the country but it explosive the middle class. So, the stock has the potential to soar and now it becomes the largest group in the world.
At this time, there are more than 500 million people in this class and it will climb to 600 million. Xinyuan Real Estate Co. Ltd. plans it in two next year. Currently, the stock price trade of the company running intercom installation and landscaping system reaches $4.45 per shares. It looks small, indeed, but it can jump quickly as China's real estate market goes on growing.
2. Just Energy Group Inc.
Just Energy Group Inc. is the next shining best penny stock to buy last month. It is a Canadian utility company delivers renewable energy solutions to the country itself. Truthfully, it delivers to the US, UK, Germany, Ireland, and Japan through many subsidiaries. Nowadays, the company has 4.5 million customers handling by Commerce Energy, Hudson Energy, Tara Energy, and so on
JE (Just Energy) provides different access to the market to maximize the return and minimize risk on equity. Recently, the return on equity reaches 540% and the stock trades in $3.36. Even though, this company still has a target up to $9.99 to add the potential return of 197%.
3. AK Steel Holding Corp.
It is a steel manufacturer with the main base in Ohio running eight steel plants in Midwest. Recently, AK Steel Holding Corp. becomes the major steel supplier to the auto industry in the US. It turns out the demands of the steel continues properly and give a good impact on the company’s bottom line. Next year, it expects to increase by 1.6% for the global demand of steel wherein India itself will result in 5 %.
The trade restriction released by Washington has given new opportunity for the domestic steel company like AK Steel. It does not need to compete with steel companies from China again. Due to the reason, it has a current share price of $2.03 while the analysis predicts more than $5. The best penny stock to buy in June 2019 has gained 146 %.
4. Hi-Crush Partners LP
The last option comes from Hi-Crush Partners LP with the basic place in Houston. It is the oil infrastructure company delivering logistical services to the major oil driller throughout the US. As the major supplier of monocrystalline sand, it is the key material requiring to build an oil well. Hi-Crush puts the ideal position to profit from this sector. In the decreasing price of oil, the company is able to still up 20% on the year. Actually, it increases by 2.5% from last year that only increases the drill 1.6%.
Hi-Crust Partners LP, trade its best penny stock to buy in 2019 at $2.29 per share. Apparently, the analysis gave the potential to move to $6 or 162%. The company which wishes to create 20.000 oil wheels has an amazing profit of 164% over the last four years.
Okay, those are the best penny stocks to buy in July and June 2019. You are surely still able to use one of 5 stocks above to trade. However, you may prioritize the third penny stocks that stand out this week.