Top 10 Penny Stocks To Invest In Right Now

After touching all-time highs of $64,800, Bitcoin (CCC:BTC-USD) witnessed a sharp correction. It briefly traded below $30,000 before making a gradual recovery. However, the positive momentum seems to be gaining traction. Bitcoin is now trading near $50,000 levels. As this price rises, investors may see multi-fold returns in crypto-related Reddit penny stocks.

In the last rally for Bitcoin, Marathon Digital (NASDAQ:MARA) skyrocketed from lows of $1.48 to a high of $57.75. Similarly, Riot Blockchain (NASDAQ:RIOT) had a 52-week range of $2.35 and $79.50. I will not be surprised if more Reddit penny stocks skyrocket as Bitcoin surges.

It’s also important to discuss the reasons behind the renewed rally in Bitcoin. First and foremost, the adoption of cryptocurrencies is increasing at a stellar pace. Globally, the number of cryptocurrency users has doubled year to date to more than 200 million. Furthermore, it’s likely that Tesla (NASDAQ:TSLA) will again start accepting Bitcoin as a payment method.

Top 10 Penny Stocks To Invest In Right Now: The Hackett Group Inc.(HCKT)

The Hackett Group, Inc. operates as a strategic advisory and technology consulting firm primarily in the United States and western Europe. The company offers executive advisory programs, benchmarking, business transformation, and technology consulting services, as well as shared services, offshoring, and outsourcing advice. Its executive advisory programs consists of advisor inquiry, an inquiry service used by clients for access to fact-based advice on proven approaches and methods to increase the effectiveness of selling, general, and administrative processes (SG&A); best practice research, a research that provides insights into the proven approaches in use at organizations; peer interaction program comprising member-led Webcasts, annual Best Practice Conferences, annual Member Forums, membership performance surveys, and client-submitted content; and best practice intelligence center, an online, searchable repository of practices, performance metrics, conference presentat ions, and associated research. The company?s bench marking services conduct studies in the areas of SG&A, finance, human resources, information technology, procurement, enterprise performance management, shared service centers, and working capital management. These services are used by clients to establish priorities, generate organizational consensus, align compensation to establish performance goals, and develop the required business case for business and technology investments. Its business transformation programs help clients to develop coordinated strategy for achieving performance improvements across the enterprise; and Hackett Technology Solutions help clients choose and deploy the software applications that meet their needs and objectives. The company was formerly known as Answerthink, Inc. and changed its name to The Hackett Group, Inc. in January 2008. The Hackett Group, Inc. was founded in 1991 and is headquartered in Miami, Florida.

Advisors’ Opinion:

  • [By Ethan Ryder]

    Acadian Asset Management LLC acquired a new position in shares of The Hackett Group, Inc. (NASDAQ:HCKT) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 3,814 shares of the business services provider’s stock, valued at approximately $61,000.

  • [By Motley Fool Transcribers]

    Hackett Group Inc (NASDAQ:HCKT)Q42018 Earnings Conference CallFeb. 19, 2019, 5:00 p.m. ET

    Contents:
    Prepared Remarks Questions and Answers Call Participants
    Prepared Remarks:

    Operator

  • [By Joseph Griffin]

    Get a free copy of the Zacks research report on The Hackett Group (HCKT)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By Ethan Ryder]

    Get a free copy of the Zacks research report on The Hackett Group (HCKT)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

Top 10 Penny Stocks To Invest In Right Now: Archer-Daniels-Midland Company(ADM)

Archer Daniels Midland Company procures, transports, stores, processes, and merchandises agricultural commodities and products in the United States and internationally. It operates in three segments: Oilseeds Processing, Corn Processing, and Agricultural Services. The Oilseeds Processing segment engages in originating, merchandising, crushing, and processing oilseeds, such as soybeans, cottonseed, sunflower seeds, canola, rapeseed, peanuts, flaxseed, and palm into vegetable oils and protein meals. This segment also produces edible soy protein products, including soy flour, soy grits, soy protein concentrates, soy isoflavones, and soy isolates that are used in processed meats, baked foods, nutritional products, snacks, and dairy and meat analogs. The Corn Processing segment involves in corn wet milling and dry milling activities; and produces alcohol, amino acids, and other specialty food and animal feed ingredients, as well as ethyl alcohol. This segment also produces citr ic and lactic acids, lactates, sorbitol, xanthan gum, and glycols that are used in various food and industrial products, as well as astaxanthin, a product used in aquaculture to enhance flesh coloration. The Agricultural Services segment buys, stores, cleans, and transports agricultural commodities, such as oilseeds, corn, wheat, milo, oats, rice, and barley, as well as resells these commodities as food and feed ingredients for the agricultural processing industry. This segment also processes and distributes edible beans, formula feeds, and animal health and nutrition products. In addition, the company engages in milling wheat, corn, and milo into flour, as well as produces bakery products and mixes, wheat starch, gluten, and cocoa products that are sold to the baking industry; and involves in financial activities related to private equity fund investments, and futures commission merchant activities. Archer Daniels Midland Company was founded in 1898 and is based in Decatur, Illinois.

Advisors’ Opinion:

  • [By Money Morning Staff Reports]

    If you know the agricultural sector, you likely know Archer Daniels Midland Co. (NYSE: ADM), private firm Cargill, and Deere & Co. (NYSE: DE). They are all members of the “ABCDs” of agribusiness. The forgotten child is the “B” – or Bunge. This agricultural giant is engaged in global food processing, fertilizer production, and the soybean export game.

  • [By Joseph Griffin]

    Get a free copy of the Zacks research report on Archer Daniels Midland (ADM)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

Top 10 Penny Stocks To Invest In Right Now: YRC Worldwide Inc.(YRCW)

YRC Worldwide Inc., through its subsidiaries, provides various transportation services worldwide. The company?s YRC National Transportation unit offers a range of services for the transportation of industrial, commercial, and retail goods, such as apparel, appliances, automotive parts, chemicals, food, furniture, glass, machinery, metal, metal products, non-bulk petroleum products, rubber, textiles, wood, and other manufactured products. It serves manufacturing, wholesale, retail, and government customers. As of December 31, 2009, it had 11704 owned tractors, 1239 leased tractors, 50083 owned trailers, and 3244 leased trailers. Its YRC Regional Transportation unit?s service portfolio includes regional delivery, which comprises next-day local area delivery and second-day services, consolidation/distribution services, protect-from-freezing and hazardous materials handling, and various specialized offerings; expedited delivery, that comprises day-definite, hour-definite, and time definite capabilities; inter-regional delivery; cross-border delivery; and operation of my.yrcregional.com and NewPenn.com, which are e-commerce Websites offering online resources to manage transportation activity. The company?s YRC Logistics units? service portfolio consists of distribution services that include flow through and pool distribution, dedicated warehousing, and value-added services; global services, which comprise international freight forwarding, customs brokerage, and value-added services; and transportation services, such as truckload brokerage, domestic freight forwarding, and transportation management. Its YRC Truckload unit provides customized truckload services on regional and national level through the use of company and team-based drivers. The company was founded in 1924 and is headquartered in Overland Park, Kansas.

Advisors’ Opinion:

  • [By Shane Hupp]

    YRC Worldwide Inc (NASDAQ:YRCW) was the recipient of unusually large options trading activity on Monday. Traders bought 1,318 put options on the stock. This is an increase of 791% compared to the typical daily volume of 148 put options.

  • [By Logan Wallace]

    Get a free copy of the Zacks research report on YRC Worldwide (YRCW)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By Logan Wallace]

    Get a free copy of the Zacks research report on YRC Worldwide (YRCW)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By Joseph Griffin]

    Formula Growth Ltd. lifted its holdings in shares of YRC Worldwide Inc (NASDAQ:YRCW) by 300.0% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 600,000 shares of the transportation company’s stock after purchasing an additional 450,000 shares during the quarter. Formula Growth Ltd.’s holdings in YRC Worldwide were worth $6,030,000 as of its most recent filing with the Securities and Exchange Commission.

Top 10 Penny Stocks To Invest In Right Now: China Pharma Holdings Inc.(CPHI)

China Pharma Holdings, Inc. develops, manufactures, and markets generic and branded pharmaceutical products primarily to hospitals and private retailers in the People?s Republic of China. Its products include Bumetanide to treat edema diseases; Gastrodin injection for tiredness, loss of concentration, poor sleep, and traumatic syndromes of brain; Cerebroprotein Hydroloysate injection for the treatment of memory decline and attention deficit; Buflomedil Hydrochloride for blood vessel diseases; Propylgallate and Ozagrel Sodium for the treatment of cerebral thrombosis, coronary heart disease, and thrombus deep phlebitis; and Alginic Sodium Diester injection for ischemic heart, cerebrovascular, and lipoprotein blood diseases. The company also offers Cefaclor Dispersible tablets for tympanitis, lower respiratory tract, urinary tract, and skin/skin tissue infection; Roxithromycin dispersible tablets for pharyngitis and tonsillitis; Clarithromycin granules and capsules for nasoph arynx, respiratory tract, and skin tissue infections; Naproxen Sodium and Pseudophedrine Hydrochloride Sustained Release tablets to relieve cold, sinus, and flu symptoms; Cefalexin capsules for acute tonsillitis; and Anhydroandrographolide for ischemic heart, cerebrovascular, and lipoprotein blood diseases. In addition, it provides Hepatocyte growth-promoting factor to treat viral hepatitis symptoms; Tiopronin to treat acute chronic Hepatitis B and relieve liver injury; Omeprazole to treat gastroesophageal reflux disease; Granisetron Hydrochloride injection for nausea and vomiting; Vitamin B6, an vitamin supplement; Thymopolypetides injection for treating diseases and tumors of various cells with reduced immunological function; and Recombined Human Fibroblast Growth Factor for the production of cosmetics. The company distributes its products through independent regional distributors and sales representatives. China Pharma Holdings, Inc. is based in Haikou, the People?s Repub lic of China.

Advisors’ Opinion:

  • [By Josh Enomoto]

    Unfortunately, the company’s latest financial disclosure revealed that marketplace revenue “plunged 29% from a year earlier as users shopped elsewhere.” That’s a particularly tough blow as ContextLogic essentially received free marketing during the lockdowns. Apparently, that wasn’t enough although if you’re a cup-half-empty type, WISH stock is discounted 30% over the trailing month.

    China Pharma Holdings (CPHI) Source: luchschenF / Shutterstock.com

    Before I get into this next company on our list of Discord stocks, let me start with a firm disclosure: I am not going to touch China Pharma Holdings with a ten-foot pole. That’s not to say that I’m bearish on CPHI or anything of that nature. I just don’t have the nerves of steel required to put my money at risk.

  • [By Logan Wallace]

    These are some of the news headlines that may have impacted Accern Sentiment’s scoring:

    Get Scynexis alerts:

    Steady Activities: SCYNEXIS, Inc. (NASDAQ:SCYX), LPL Financial Holdings Inc. (NASDAQ:LPLA) (oracleexaminer.com) Do Analysts Think You Should Buy SCYNEXIS Inc (NASDAQ: SCYX) (stockspen.com) Notable Runner: SCYNEXIS, Inc. (SCYX) (nasdaqplace.com) Most Active Stocks Now: SCYNEXIS, Inc. (NASDAQ:SCYX), China Pharma Holdings, Inc. (NYSE:CPHI), Kala … (journalfinance.net) Overview on price to free cash flow: SCYNEXIS, Inc. (NASDAQ:SCYX), InfuSystem Holdings Inc. (NYSE:INFU) (stocksnewspoint.com)

    Several research analysts have recently issued reports on the company. Roth Capital assumed coverage on Scynexis in a research note on Tuesday, May 8th. They set a “buy” rating and a $6.00 price target for the company. Seaport Global Securities assumed coverage on Scynexis in a research note on Tuesday, April 10th. They set a “buy” rating and a $4.00 price target for the company. Zacks Investment Research raised Scynexis from a “hold” rating to a “buy” rating and set a $1.25 price target for the company in a research note on Tuesday, May 8th. HC Wainwright assumed coverage on Scynexis in a research note on Monday, May 7th. They set a “buy” rating and a $5.00 price target for the company. Finally, ValuEngine raised Scynexis from a “sell” rating to a “hold” rating in a research note on Wednesday, May 2nd. One research analyst has rated the stock with a hold rating and six have assigned a buy rating to the stock. Scynexis currently has an average rating of “Buy” and an average target price of $4.45.

Top 10 Penny Stocks To Invest In Right Now: Transocean Inc.(RIG)

Transocean Ltd. provides offshore contract drilling services for oil and gas wells worldwide. It offers deepwater and harsh environment drilling, oil and gas drilling management, and drilling engineering and drilling project management services. The company also offers well and logistics services. In addition, it engages in oil and gas exploration, development, and production activities primarily in the United States offshore Louisiana and Texas, and in the United Kingdom sector of the North Sea. As of February 10, 2011, the company owned, had partial ownership interests in, and operated 138 mobile offshore drilling units, including 47 high-specification floaters, 25 midwater floaters, 9 high-specification jackups, 54 standard jackups, and 3 other rigs, as well as 1 ultra-deepwater floater and 3 high-specification jackups under construction. Transocean Ltd. was founded in 1953 and is based in Zug, Switzerland.

Advisors’ Opinion:

  • [By WWW.GURUFOCUS.COM]

    For the details of LASRY MARC’s stock buys and sells, go to www.gurufocus.com/guru/lasry+marc/current-portfolio/portfolio

    These are the top 5 holdings of LASRY MARCPacific Drilling SA (PACD) – 18,702,188 shares, 49.14% of the total portfolio. New PositionVistra Energy Corp (VST) – 6,438,245 shares, 29.01% of the total portfolio. Shares reduced by 5.78%Transocean Ltd (RIG) – 7,772,098 shares, 10.62% of the total portfolio. New PositionMidstates Petroleum Co Inc (MPO) – 3,494,914 shares, 5.17% of the total portfolio. Roan Resources Inc (ROAN) – 1,57

  • [By Tyler Crowe]

    This was one of those quarters where Transocean’s (NYSE:RIG)results aren’t necessarily reflective of the company’s accomplishments. Even though Transocean posted yet another quarterly loss, the company completed a major acquisition and netted some notable contract wins. These won’t show up on the financial statements for a while, but they are indicative of a companypoised to do better in the future.

  • [By Motley Fool Transcribers]

    Transocean Ltd (NYSE:RIG)Q42018 Earnings Conference CallFeb. 19, 2019, 9:00 a.m. ET

    Contents:
    Prepared Remarks Questions and Answers Call Participants
    Prepared Remarks:

    Operator

  • [By Ethan Ryder]

    Transocean LTD (NYSE:RIG) shares traded down 5.4% on Thursday . The stock traded as low as $8.03 and last traded at $8.35. 14,556,095 shares traded hands during mid-day trading, an increase of 5% from the average session volume of 13,824,703 shares. The stock had previously closed at $8.83.

Top 10 Penny Stocks To Invest In Right Now: Aerosonic Corporation(AIM)

Aerosonic Corporation, together with its subsidiaries, engages in the design, manufacture, and sale of aircraft instruments worldwide. It offers mechanical and digital altimeters, airspeed indicators, rate of climb indicators, microprocessor controlled air data test sets, and other flight instruments. The company also produces mechanical and electro-mechanical cockpit instruments, angle of attack stall warning systems, digital cockpit instruments, integrated flight display systems, aircraft sensors and monitoring systems, and integrated multifunction probes, such as integrated air data sensors. It markets its products to manufacturers of corporate and private jets, contractors of military jets, the United States government, and private aircraft owners. The company sells its products directly through its sales personnel, as well as through distributors and commissioned sales representatives who resell to aircraft operators. Aerosonic Corporation was founded in 1953 and is b ased in Clearwater, Florida.

Advisors’ Opinion:

  • [By Logan Wallace]

    Shares of Aimia Inc (TSE:AIM) have earned a consensus rating of “Hold” from the seven research firms that are currently covering the company, Marketbeat reports. Two analysts have rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating on the company. The average 1 year price target among brokers that have covered the stock in the last year is C$3.54.

  • [By Shane Hupp]

    Aimia (TSE:AIM) has earned an average rating of “Hold” from the seven research firms that are currently covering the company, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation and one has given a buy recommendation to the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is C$2.67.

Top 10 Penny Stocks To Invest In Right Now: Eagle Bulk Shipping Inc.(EGLE)

Eagle Bulk Shipping Inc. engages in the ocean transportation of bulk cargoes in the dry bulk industry. The company primarily transports iron ore, coal, grain, cement, and fertilizer along worldwide shipping routes. As of December 31, 2009, it owned and operated a fleet of 27 oceangoing vessels with a combined carrying capacity of 1,412,535 deadweight tons. The company was founded in 2005 and is headquartered in New York, New York.

Advisors’ Opinion:

  • [By Motley Fool Transcribers]

    Eagle Bulk Shipping Inc (NASDAQ:EGLE)Q42018 Earnings Conference CallMarch 06, 2019, 8:00 a.m. ET

    Contents:
    Prepared Remarks Questions and Answers Call Participants
    Prepared Remarks:

    Operator

  • [By Joseph Griffin]

    Eagle Bulk Shipping Inc. (NASDAQ:EGLE) major shareholder Goldentree Asset Management Lp acquired 84,969 shares of the business’s stock in a transaction on Monday, February 11th. The shares were bought at an average cost of $4.02 per share, for a total transaction of $341,575.38. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. Large shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.

Top 10 Penny Stocks To Invest In Right Now: Xinyuan Real Estate Co Ltd(XIN)

Xinyuan Real Estate Co. Ltd., together with its subsidiaries, engages in residential real estate development in China. The company?s residential projects comprise various residential buildings that include multi-layer apartment buildings, sub-high-rise apartment buildings, or high-rise apartment buildings; auxiliary services and amenities, such as retail outlets, leisure and health facilities, kindergartens, and schools; and small scale residential properties. It also offers property management and other real estate related services, such as landscaping and installing intercom systems. In addition, the company leases properties, including an elementary school, a basement, three clubhouses, five kindergartens, and parking facilities. As of December 31, 2010, it had 21 completed projects with a total gross floor area (GFA) of approximately 2,049,460 square meters and comprising a total of 23,324 units, as well as 8 projects under construction with a total GFA of 1,804,946 sq uare meters. It primarily operates in seven tier II cities, comprising Hefei, Jinan, Kunshan, Suzhou, Zhengzhou, Xuzhou, and Chengdu. The company was founded in 1997 and is headquartered in Beijing, the People?s Republic of China.

Advisors’ Opinion:

  • [By Motley Fool Transcribers]

    Xinyuan Real Estate Co., Ltd. (NYSE:XIN)Q42018 Earnings Conference CallFeb. 15, 2019, 8:00 a.m. ET

    Contents:
    Prepared Remarks Questions and Answers Call Participants
    Prepared Remarks:

    Operator

  • [By Logan Wallace]

    Mixin (XIN) is a proof-of-stake (PoS) token that uses the SHA256 hashing algorithm. It launched on October 2nd, 2017. Mixin’s total supply is 1,000,000 tokens and its circulating supply is 442,200 tokens. Mixin’s official Twitter account is @XIN_Foundation and its Facebook page is accessible here. Mixin’s official message board is mixin.one/logs. The official website for Mixin is mixin.one.

  • [By Stephan Byrd]

    Mixin (CURRENCY:XIN) traded up 6.2% against the U.S. dollar during the 1-day period ending at 20:00 PM E.T. on July 17th. One Mixin token can currently be purchased for approximately $550.98 or 0.07481400 BTC on popular cryptocurrency exchanges. Mixin has a total market cap of $241.93 million and approximately $90,201.00 worth of Mixin was traded on exchanges in the last day. Over the last week, Mixin has traded up 19.1% against the U.S. dollar.

Top 10 Penny Stocks To Invest In Right Now: UMH Properties Inc.(UMH)

UMH Properties, Inc. (UMH) is a real estate investment trust. The firm engages in the ownership and operation of manufactured home communities. It leases manufactured home spaces to private manufactured home owners, as well as leases homes to residents. The firm invests in the real estate markets of New York, New Jersey, Pennsylvania, Ohio, and Tennessee. In addition, it invests in debt and equity securities of REITs. United Mobile Homes was incorporated in 1968. The company was formerly known as United Mobile Homes, Inc. UMH Properties is based in Freehold, New Jersey.

Advisors’ Opinion:

  • [By Motley Fool Transcribers]

    UMH Properties Inc (NYSE:UMH)Q42018 Earnings Conference CallMarch 08, 2019, 10:00 a.m. ET

    Contents:
    Prepared Remarks Questions and Answers Call Participants
    Prepared Remarks:

    Operator

  • [By Garrett Baldwin]

    Billions Are Now in Play: Millions of Americans could collect “federal rent checks” – to learn how to claim your portion of an $11.1 billion money pool using this backdoor investment, click here now…

    Shares of General Electric Co. (NYSE: GE) continue to slump. The stock was off another 1%, a day after falling another eight percentage points. The downturn came after its CEO announced its industrial division will be cash-flow negative in 2019. Shares of PepsiCo Inc. (NYSE: PEP) were off 1% this morning after the stock received a downgrade from Credit Suisse Group AG (NYSE: CS). While the Swiss bank called PepsiCo a “high quality” business, it raised concerns about its need to heavily invest over several years into struggling business lines and snack products. It also raised concerns about the ongoing competitive threats in the industry. CS set a price target for Pepsi at $100 per share, which is well below yesterday’s trading price of $116. Look for other earnings reports from American Outdoor Brands Corp.(NASDAQ: AOBC), Burlington Stores Inc.(NASDAQ: BURL), Care.com Inc.(NASDAQ: CRCM), Chuy’s Holdings Inc.(NASDAQ: CHUY), El Pollo Loco Holdings Inc.(NASDAQ: LOCO), GNC Holdings Inc.(NYSE: GNC), H&R Block Inc.(NYSE: HRB), Hovnanian Enterprises Inc.(NYSE: HOV), Plug Power Inc.(NASDAQ: PLUG), andUMH Properties SH(NYSE: UMH).

    Follow Money MorningonFacebook, Twitter, and LinkedIn.

  • [By Shane Hupp]

    TRADEMARK VIOLATION NOTICE: “Loeb Partners Corp Has $1.44 Million Holdings in UMH PROPERTIES/SH SH (UMH)” was first reported by Ticker Report and is the property of of Ticker Report. If you are viewing this article on another domain, it was stolen and reposted in violation of U.S. and international trademark and copyright laws. The correct version of this article can be viewed at www.tickerreport.com/banking-finance/4159809/loeb-partners-corp-has-1-44-million-holdings-in-umh-properties-sh-sh-umh.html.

Top 10 Penny Stocks To Invest In Right Now: Information Services Group Inc.(III)

Information Services Group, Inc. operates as a fact-based sourcing advisory company principally in the Americas, Europe, and the Asia Pacific. It provides strategic consulting, benchmarking and analytics, managed services, and research services with a focus on information technology, business process transformation, and enterprise resource planning. The company serves financial services, telecom, healthcare and pharmaceuticals, manufacturing, transportation and travel, and energy and utilities industries; and state and local governments and airport and transit authorities. Information Services Group, Inc. was founded in 2006 and is based in Stamford, Connecticut.

Advisors’ Opinion:

  • [By Logan Wallace]

    Canaccord Genuity upgraded shares of Imperial Metals (TSE:III) from a hold rating to a buy rating in a research note published on Monday. They currently have C$4.00 price objective on the stock, up from their prior price objective of C$1.65.

  • [By Logan Wallace]

    Martingale Asset Management L P bought a new position in Information Services Group, Inc. Common Stock (NASDAQ:III) during the second quarter, Holdings Channel reports. The fund bought 110,416 shares of the business services provider’s stock, valued at approximately $453,000.

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