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The Best Penny Stocks in the Market: An Update

Have you heard a lot of good things about penny stocks that you just do not know which one to choose? Before you learn more about the best penny stocks, you have to know what they are first.

Penny stocks are basically one of the best ways for you to have an income growth. What made penny stocks enticing for a lot of people than the usual stocks is that they only have a very low price per share. In short, you do not need to invest a lot of your money to become a penny stockholder. Aside from that, penny stocks are common shares. This implies that they are very easy to buy.

But then, how do you know which penny stocks you should buy? This is where this article comes in. Investing your money in the right penny stocks can be done if you know which penny stocks to watch out for. In order for you to learn more about them, check this article out.

To start the list, you can check out One Stop Systems that is quickly getting bigger with a solid financial background. The company has hyper-volatile shares that are just standing by at undervalued prices. This is a popular company for manufacturing and designing of computer components and systems.

One Stop Systems had a trade value of $3.90 per share just a while ago. At this very moment, trading has turned out to be less than half of the given rate.

Even if One Stop Systems is a small company, it makes $37 million and $27 million in annual revenue and market cap, respectively. Each day, they make 120,000 trade shares.

To learn more about penny stock investing in this company, you have to hire the services of a professional broker. A brokerage calculator tool is also present if you want to get estimates.

Second on the list is Cidara Therapeutics that is a biotech company specializing in treating infectious diseases. Currently, they are in the works of a Phase 3 clinical trial for the treatment of candidemia. Depending on the results, is Cidara Therapeutics penny stocks are bound to get a good momentum in the months that will follow. To learn more about the study, click here.

Lastly, Axsome Therapeutics is another company worthy of buying penny stocks. It is considered as one of the best penny stocks in the industry with a growth rate of 215%.

Just a while back, the stock has landed more than 200 %. This happened when the company announced that they are now on Phase 2 of their major depressive treatment clinical trial. After the recent high, Axsome stocks have gone down by more or less 14%. Be sure to check this link to learn more about these stocks.

For new penny stockholders, though, other concerns should go straight to your broker if you want to increase your income.