The trading of penny stocks is an interesting activity in which great penny stocks to buy are always changing overtime. The fact is that there are lots of things underneath the highly tempting concept of investing less to gain much. It may sound easy but dealing with such thing as penny stocks without knowledge about it will be a waste of time and money for sure. Overtime people will always be looking for the recommended penny stocks to buy for the purpose of maximizing their investments. That is definitely one of the tricks to master, knowing which one to buy.
To start with, do research a lot regarding the actual stocks to buy. Avoid being in a rush, which may well be leading to a bust at the end. So, these are the current best choices of penny stocks that you can consider.
Invest on Uranium
The stocks of uranium have gone down recently and unable to really get back. Yet the opportunity is there to invest on it. Next year it is estimated that shortage of uranium will emerge. Demands will get higher so that investing on UR-Energy is a considerable option for now. Due to a couple of events recently, the stocks of uranium cost only 60 cents. Following that price wright now and the possible comeback of it in the near future, UR-Energy is definitely amidst penny stocks to watch today.
Go for Shipping to Invest
Another option that you can consider to invest regarding penny stocks is the so-called SB. Safe Bulkers in which it deals with shipping has just been known to be a gold mine for traders recently. Those who love to deal with speculative aspects of penny stocks trading will love to deal with shipping business. The fact that new regulations deal with cleaner fuels is to be issued means that lots of ships will not be available. That could only mean more demands for lesser ships.
Thus the opportunity is there to invest on this penny stocks. Today it will only cost about USD 1.55 of this great penny stocks to buy today. Clearly the following quarters will shed a light for this according to experts’ forecast about it.
Put Your Money on Castlight Health
One last choice to think about upon your adventure in penny stocks trading is CSLT. The so-called Castlight Health is a unique exception within penny stocks trading since it is a software company. There are only a few people investing on this particular kind of company unless there is a clear warranty of the outcome. Yet the USD 150 million as its annual recurring revenue of the last quarter says it all. Back in 2013 the annual revenue was only USD 13 million. Thus for about 6 years it has increased a lot. In the near future there is no prediction of that number will go down. Today the shares only cost USD 1.40 in which it is expected to go up soon. Yet it has huge risks as well since CSLT is closely associated to Anthem. It is known that such a thing as private health care insurance is targeted to be eliminated by some candidates for presidency. At the end, it remains a decent option.
So, getting started in penny stocks trading is obviously not easy. Finding the one to buy as an investment starter is crucial to get the mood going in the future. Those are only a few choices that up consider based on what is actually going on and what will happen in the future. There are plenty more choices out there that could possibly be great penny stocks to buy as well.