7 Best Penny Stocks to buy Now that make you Rich Quickly (?)

Best penny stocks to buy now is there any difference? Looking for the best including the penny stocks never end. It is because the numerous companies joining the trading from time to time. They compete to show the best to get the best price to buy. Remember the nature of the stock and it is a new month.

So, can you make money with penny stock again? Make August as your lucky month. Do the best with updating new penny stocks while analyzing it. Let's do it!

Hunting the Best Penny Stock to buy now by Acquiring its Nature


Never forget to the nature of the penny stocks trading. This page has noted 3 characters of this small stock to remind you. You might a little forget about the following information:

It is the special stock which trades not more than $5 so it includes small stock in the world.

You will often meet the stock over-the-counter (OTC). Nonetheless, there are a few trading in the large exchange such as NYSE and NASDAQ.

The most important thing to remember is the fluctuating character where may a big lucky or disaster. The change to get the benefit or loss of money is as thin as a tissue.

Best Penny Stocks to Buy Now

Some people who had ever done and win the stocks try to give a good strategy. They recommend using technical analysis as the guide.

7 Finest Penny Stocks to Buy Today


Okay, you have remembered on the penny stock nature. Hopefully, you have been ready to watch the 7 best penny stocks to buy such as below:

1. Axome Therapeutics
Let's know who this pharmaceutics company is! Axome is the manufacturer that produces AXS-5 to heal the major depression disorder (MDD). The company claims that the medicine has passed a solid clinical test properly. Next, the second test impresses the FDA (Food and Drugs Association) in the US. In the third phase trial, the company compiles it with the TRD or the treatment-resistant depression. 

Besides AXS-5, the company also mainstays AXS-7 as depression disorder treatment. However, the first product keeps outlay with the evidence by the $9 billion market cap of Sage Therapeutics.

Talking on the stock cost, it has decreased the market capitalization in 2018. It falls from $60 million to the market value more than $800 million. You might see it as quite risky penny stocks to watch for August 2019. Even though, you should consider it because may have numerous rest profit for the opportunistic investors.

Best Penny Stocks to Buy Now

2. Flotex Industries Inc
The company with its short name of FTK had just formed marubozu according to trading On Friday. FTK warns to leave the stock immediately if they think it looks not appropriate. However, the stock keeps higher and more on $3.60 to $3.90. It happens in some weeks and also month.

3. Chesapeake Energy
By the way, this page often discusses Chesapeake Energy. So, it does not need to explain more to the company again. This oil and gas company sounds like an underlying business. Nonetheless, it quite appeals to the investors which interest in the low-priced stocks. The penny stock price for the recent time is around $2. 

Chesapeake Energy gives the low price because it has a debt of nearly $0 in the first quarter. This case surely influences the fall of the stock price and pushed it on the leverage ratio.

Chesapeake Energy falls on 4.0 times of debt on EBITDA where it is far from the target only 2 times. In this year, there are two possibilities which the company offers. You can see from the soaring to more than 50%. It happens after the oil price rebound and makes the stock price decrease by 8%. It will be good news for the investors that look for the best choice and a positive side.

In spite of this, you need to be careful to Chesapeake Energy if the oil price does not rebound again.

4. Abeone Therapeustics Inc.
This is the company got a drastic stock price after falling for three straight months. Even, ABEO (its nickname) regard that the trading is over. Moreover, it downs into the candlestick and hammer pattern graphics bluish.

ABEO has higher trade volume which is higher than the average comparison. Therefore, find a penny stock price of $4.75 and $5.25 for the next months. Consider choosing ABEO if the price stays under $2.75.

5. TPI Composites
Many parties predict that this penny stock to buy today can give long-term benefits for the traders. It is because the company shows about 16% price in the first-quarter report.

Best Penny Stocks to Buy Now

The fact is it has been the trend-setter on the north is and become the non-hydro renewable technology. Nevertheless, TPI Composites experienced a customer's strike and bankrupt in the first quarter. Fortunately, just an old story and now TPI assures to increase the price until $2 billion in 2021. Even, it has been arousing to offering the strongest change on the penny stock

6. Neuralstem, Inc 
Neuralsteam, Inc or CUR shows the drastically stock decrease after running split for 20 weeks. The stock falls from $375- 2.43 on the last Friday trading. Nevertheless, it promises to come back on the first price and start to trade the penny stock.

7. Oasis Petroleum, Inc
OAS is the famous nickname for this oil company. On Friday, it tried to invest penny stock in $4.30 but many investors reject it. It turns out to make OAS must backup its bankruptcy until $4.51 on the closing market.

The investors regard the price is higher so they think to look for other stocks. Luckily, OAS arises immediately with trading the stock above $5.

Those are some information to find the best penny stocks to buy now that you can learn. You must be careful in choosing the company because you will undergo a new month of August. This time is surely suitable to improve or defeat your failure. Anything you do or choose, do not let you lost a lot of time. In spite of this, never know word failure in your trading but it must be a repeating victory. Penny stock may make you reach and poor quickly!

Sources:
https://www.investopedia.com/updates/penny-stocks-buy-technical-analysis/
https://www.fool.com/investing/2019/07/16/about-to-buy-penny-stocks-look-at-these-3-companie.aspx