Posted on 01 August 2012.
Make Your Move with Hot Penny Stock Picks
Hot penny stock picks have always offered the opportunity for enormous profitability, but investors need to know this market moves on its own timeframe. Penny stocks need to be jumped on without hesitation when they show any signs of movement, and then traders need to keep a careful eye on their investment for any signs of hesitation in the upward march of the stock price. What is a great penny stock today may not be worthy of consideration tomorrow.
This is a List of Some Recent Hot Penny Stock Picks to Consider
- Stem Cells Inc. (STEM) is one of those rare penny stocks that looks poised for a breakout into being a legitimate revenue producer as opposed to a speculative play. From a low of $0.59, STEM has gone as high as $4.00 a share this year and currently trades around $1.85. Stem Cells Inc. is involved in developing treatments for Alzheimer’s Disease, and their research is apparently showing a great deal of promise.
- NetSol Technologies, Inc. (NTWK) is engaged in the prosaic business of providing financial software for industry, particularly automobile financing and leasing as well as banking and healthcare. Much of their emphasis is on managing the financial aspects of leasing. In today’s economy where many businesses are hesitant to purchase until the economic picture clarifies somewhat, NetSol is seeing big jumps in their revenue stream and adding customers at a steady rate.
- Jamba Inc. (JMBA) is the parental organization behind Jamba Juice stores. While the stock fell off quite a bit due to the recession, Jamba is fighting back with an extensive marketing campaign that is revivifying the company’s prospects.
Buoyed by continual flows of foreign money into the US economy, business is slowly picking up. Once the election resolves the issue of uncertainty, many of these hot penny stock picks are likely to see a great deal of acceleration in their stock price.
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