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Top Penny Stocks For 2010

Comments Off on Top Penny Stocks For 2010 16 June 2011

When investors buy penny stocks, they have to collect as much info as feasible before making an investment. A company’s background and their previous practices need to be considered when buying penny stocks. This is crucial in order that they make a smart decision and make the most from the penny stocks to hand. Penny stocks are a simple and swift technique to earn more profits if the investment is done reasonably. I have assembled some top penny stocks for 2010 which are anticipated to make speculators massive return on their investment.

Before making an investment, you should bear some points under consideration. First go for those firms with market capital that are less than 500 million bucks and then make a decision to buy penny stocks. Pick up those stocks which belong to a fair company, a company with high earning and very low debt. The volume of penny stocks also seriously matters.

One of the top penny stocks performers is LGL group which makes electronic parts. LGL group’s shares are dramatically enlarging and latterly, the company traded at a 52 week high of $14.20. LGL group also posted a Q4 profit of fifteen cents a share, swinging from a year-ago loss of five cents a share.

Next is Fed. Nationwide Mortgage organisation ( Fannie Mae ) which is a government-funded firm and supports stability in the mortgage market as it provides mortgages. The value of the organization’s penny stocks is anticipated to shoot high and give you great returns after you buy penny stock of the company.

Oilsands Search ( BQI ) is also considered another top penny stock performer. It showed a rise in worth from Aug to October. However a major risk is attached with Oilsands quest as it has no money but the value of its reserves and anticipated capability to extract such reserves on a moneymaking basis make it one of the top penny stock performers. As these expectancies are augmenting thanks to the higher oil costs in 2010.

Unico is a corporation which deals in the valuable metals mining sector and is focused on the exploration, development and production of gold, silver, lead, zinc, and copper. Unico is an exceedingly active trading stock. It’s been as high as $300 per share in 2007 before splitting its stock a number of times. A massive potential and gain is predicted out of this stock which makes them another top penny stock performer.

Atwood Oceanics is an explorer and has been awfully successful. The earnings’ guesstimates of the Firm have shown a rise formerly and led to a P / E of 7.5. Atwood Oceanics ‘ margins have topped forty percent too which signal this company can give big returns if an investment is created.

A range of strategies can be employed by financiers when finding the top penny stocks in the stock exchange. A penny stock newsletter can play an exceedingly important role in providing financiers with awfully helpful info, stock alerts, stock concepts, trends and list of top penny stock performers. Stockholders can also employ a stock screener to generate a listing of stocks based totally on a range of factors.

Learn more about best stock to invest in. Stop by Author Name’s site where you can find out all about free historical stock quotes and what it can do for you.

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