Stock markets continue to surge due to the Fed’s ultra-easy monetary policy, pumping more free money into the economy than ever. One way to assess the true rate of inflation or how much the money supply increases is to monitor the real estate market.
Fresh data showed that home prices once again surged by the most in more than three decades. The S&P CoreLogic Case-Shiller index of property values nationwide increased by 18.6% in June compared to the same month in 2020. That reading follows a 16.8% gain in May and was the 13th straight month that price gains accelerated.
Craig Lazzara, global head of index investment strategy at S&P Dow Jones Indices, told Bloomberg:
“The last several months have been extraordinary not only in the level of price gains, but in the consistency of gains across the country. The strength in the U.S. housing market is being driven in part by reaction to the Covid pandemic, as potential buyers move from urban apartments to suburban homes.”
Besides properties, the stock market is also one of the main beneficiaries of the Fed’s free money. Stock indices are currently fluctuating near their all-time highs, with August having been one of the strongest months.
While many blue chips are gradually increasing in value, penny stocks are even better investment options as they can provide much better returns.
PENNY STOCKS THE PLACE TO BE
There are many good penny stocks that can boost your portfolio’s value in the long term. For investors, we preach the key to trading penny stocks is finding momentum BEFORE it happens and then be patient.
We alert our subscribers with our best ideas before our regular readers. This is the value of having a subscription to Insider Financial, which you can sign up for here.
If you watch the Insider Financial YouTube channel, you can get a sense of the ideal time to book profits. We warned our subscribers not to get greedy or get caught up in the diamond hands/paper hands BS.
We also recommend you own a portfolio of penny stocks. For some, that can be as many as 10 to 20 or more penny stocks. This provides diversification and allows one to manage the market’s moods much easier. It also helps to own shares in the following 4 best penny stocks.
In this article, we look at the best penny stocks on the rise that will greatly reward patient investors. They are American Battery Metals Corporation (OTCQB: ABML), Camber Energy, Inc (NYSE American: CEI), CUBA Beverage Company (OTCPK: CUBV), and Lightwave Logic, Inc (OTCMKTS: LWLG).
Best Penny Stocks #1 ABML
American Battery Metals Corporation has been gradually increasing, gaining over 20% during the last five days. The penny stock is now trading at $1.60, after peaking on Monday at $1.71, which is the highest level since mid-July. On larger timeframes, the OTCQB-listed stock has been moving sideways since March, after correcting from the YTD high at over $4.
We first paid attention to ABML in mid-February 2020, when the share price was fluctuating near $0.05. Our subscribers and readers could have secured hefty profits of over 3,000% if they had invested then, not to mention the potential profit of about 8,000% at its February peak. This shows the value of subscribing with us and finding the best penny stocks before they run.
ABML is an advanced technology battery recycling and resource production company based in Nevada. It explores, mines, extracts, and recycles battery metals. The almost $1 billion company is focused on its Railroad Valley battery metal project in Nevada with the goal of becoming a substantial domestic supplier of battery metals to the increasing electric vehicles and battery storage markets in America.
EV battery recycling is becoming a major trend due to the increasing demand for electric and plug-in hybrid vehicles, whose batteries will eventually have to be recycled to prevent an environmental catastrophe. According to recent research, the global battery recycling market is expected to grow from $9.97 billion last year to $11.04 billion in 2021 at a compound annual growth rate (CAGR) of 10.76%. The market is anticipated to reach $16.90 billion in 2025 at a CAGR of 11.23%.
ABML is positioned to benefit from this growing market. Apart from recycling, it also mines metals, which is another important revenue stream.
Besides the company’s long-term potential, the recent price spike has been driven by internal fundamentals. Specifically, AMBL, which is about to change its name to American Battery Technology Company (ABTC), appointed a new CEO on Monday. The current CTO, Ryan Melsert, will be the new CEO. The appointment is part of a leadership transition to prioritize the company’s technology development and commercialization efforts and to position the company for long-term growth. Former CEO Doug Cole will remain on the Board.
— American Battery Technology Company (@abt_company) August 30, 2021
Melsert brings over 20 years of multidisciplinary technology development and business expertise to his new position as CEO. Serving as the company’s CTO over the past two years, Melsert instituted first-principles design practices to the technology development of novel first-of-kind systems for the extraction, purification, and conversion of battery metals from both lithium-ion batteries and primary metal resources. Melsert previously worked at Tesla for nearly four years and was one of the founding design engineers for the battery manufacturing Gigafactory near Reno, Nevada.
We think ABML has the potential to reach on NASDAQ one day as it taps into one of the fastest-growing markets and has an experienced team.
Best Penny Stocks #2 CEI
Camber Energy, Inc has been bullish recently, trying to reverse a long-term downtrend that pushed the price to the lowest level in a year. The penny stock has gained over 20% during the last five days, departing from the monthly low at $0.34. Now you can buy CEI stock for $0.50 per share. On Monday, the price touched the highest level since mid-July at over $0.55.
We first mentioned CEI in September 2020, when the penny stock traded at the same level. Investors could take profits at the beginning of the year when the price peaked at over $2 in February. Despite the long-term correction, CEI can go higher as a result of another bull run, especially after it recently broke above the downtrend’s resistance.
CEI is engaged in the acquisition, development, and sale of crude oil, natural gas, and natural gas liquids (NGL) in the Cline shale and upper Wolfberry shale in Glasscock County, Texas. As of March 31, 2020, its total estimated proved reserves were 133,442 million barrels of oil equivalent, comprising 54,850 barrels of crude oil reserves, 43,955 barrels of NGL reserves, and 207,823 million cubic feet of natural gas reserves. Based in Houston, CEI’s management team is committed to building a platform for growth and the development of its proved oil reserves while continuing its focus on operating efficiencies and cost control.
Last week, CEO announced that its majority-owned subsidiary, Viking Energy Group, Inc., entered into an Exclusive Intellectual Property License Agreement with ESG Clean Energy, LLC (ESG) regarding ESG’s patent rights and know-how related to stationary electric power generation, including methods to utilize heat and capture carbon dioxide. The license is exclusive for all of Canada and non-exclusive for up to twenty-five locations in the US.
The ESG Clean Energy System is designed to generate clean electricity from internal combustion engines and utilize waste heat to capture ⁓ 100% of the CO2 emitted from the engine without loss of efficiency, and in a manner to facilitate the production of precious commodities (e.g., distilled/de-ionized water; UREA (NH4); ammonia (NH3); ethanol; and methanol) for sale.
CEI CEO James Doris said:
“In my view this transaction positions us as an industry leader in terms of being able to assist with the power generation needs of commercial and industrial organizations while at the same time helping them reduce their carbon footprint to satisfy regulatory requirements or to simply follow best ESG-practices. We are excited to be able to use the platform of Simson-Maxwell Ltd., our recently acquired majority-owned subsidiary, to promote the ESG Clean Energy System.”
We think CEI is positioned to expand its business thanks to a healthy balance sheet and innovative technologies. Viking has recently reported upbeat revenue data. Last month, CEI increased its stake from 62% to 73%.
$CEI LONG Report (pinned):
Enjoy… and please let the rest of the world know that we will be at $5 soon.@LadeBackk @realwillmeade @PJ_Matlock @professorDman1 @StockAuthority @notoriousalerts @TopStockAlerts1 @BdeGlobal @StockSwingAlert @ohheytommy @jimcramer $WISH $CLOV $BBIG pic.twitter.com/VmtjnoRWmu
— Roger Rhodes 🚀🌚 (@realRogerRhodes) August 25, 2021
Best Penny Stocks #3 CUBV
CUBA Beverage Company has surged since the end of July, becoming one of the best penny stocks in the third quarter. The share price of the Pink Current company rose almost 200% since last week, currently trading at $0.0285. The stock peaked on Tuesday at $0.043, which is the highest level in over 5 years.
So why all the excitement?
CUBV used to produce and distribute herbal energy juices to the energy beverage market. It offered CUBA Herbal Energy Juice, a ready-to-drink beverage that was a healthy and natural alternative to conventional energy drinks. However, the company stopped operations at one point and became dormant for years. It got the Pink Current status at the beginning of the month. Why? Because it has been preparing a major reverse merger. And again – it’s about lithium.
While the merger candidates are not officially known at the moment, the company collaborates with Lilac Solutions, and it might be actually one of the potential merger candidates. Lilac is focused on lithium extraction. Its unique ion exchange technology enables lithium producers to accelerate project development, boost lithium recovery, streamline operations, and unlock new resources.
Last year, Lilac announced a $20-million funding round led by Breakthrough Energy Ventures, whose investors include Bill Gates, Jeff Bezos, and Michael R. Bloomberg. At the same time, Lilac partnered with the Australian company Controlled Thermal Resources to develop a lithium extraction facility at the Salton Sea. The Australian firm is working to build the area’s first new geothermal power plant in a decade.
Meanwhile, Lilac is also working with billionaire investor Warren Buffett’s Berkshire Hathaway Energy.
Berkshire is one of several companies seeking funding from the California Energy Commission to build a lithium extraction demonstration plant. The plant will use Lilac’s technology, as per a letter from the Geothermal Resources Council, an industry trade group, urging state officials to fund Berkshire’s proposal.
Lilac has tested its proprietary technology on salt-rich waters, known as brines. The technology has worked so well at selectively extracting lithium from brines that the company decided to give the Salton Sea resource a shot. Lilac’s technology can be disruptive for the energy sector.
CUBV said that it was going to the Salton Sea for inspection, so it would either work with Lilac or CUBV represents Lilac itself following a potential reverse merger.
We're driving out to the Salton Sea today for inspection
— Cuba Beverage Company (@CubaBevCompany) August 31, 2021
Either way, when was the last time when you saw a penny stock associated with names like Warren Buffett, Bill Gates, and Jeff Bezos?
CUBV is becoming huge, and many still don’t know about this penny stock, which is why it’s great to get exposure at this early stage.
Best Penny Stocks #4 LWLG
Lightwave Logic, Inc continues to gradually expand after exploding at the beginning of June. The share price is now trading at $10.89. On June 4, when we covered the stock right before the crazy bull run, LWLG was trading below $2.5.
The $1.2 billion ‘penny stock exempt’ company has grown by over 40% since the beginning of August and over 600% since March. It was trading right below the $1 mark at the beginning of the year.
LWLG is a development stage company that is nearing commercialization of a portfolio of organic, nonlinear electro-optical and all-optical polymers (plastic), which have the ability to alter light waves for various optical applications. Initial use of this material is for the conversion of digital information into light pulses at speeds that are orders of magnitude faster than conventional materials, which are based on the nonlinear capabilities of inorganic materials. In addition to developing materials for integration into customer contemplated designs, the company is using these advanced materials as the basis for a series of proprietary, advanced integrated optical devices and sub-systems that have broad application in telecommunications, data communications and optical computing for applications in both military and commercial markets.
LWLG promotes its products to electro-optic device manufacturers, including telecommunication component and systems manufacturers, semiconductor companies, computing companies, and government agencies.
While the earnings have been declining during the last few years, LWLG has a strong balance sheet. The company has several patents for its materials, devices, and methodology. It has been around 30 years and has a long-term goal to power faster networks, reduce energy costs, and support flexible technologies. Still, its flagship products are only starting to be commercialized as a prototype, and the sky is the limit for LWLG.
During the last two months alone, LWLG received a patent for a new invention that enables enhanced optical routing architectures for polymer-based integrated photonics that can be scaled with partner foundries, and another patent for a breakthrough new device design that enables mass-volume manufacturing when designed into advanced integrated photonic platforms.
During the second quarter, the company announced test results from new modulators fabricated in 2021, which exceeded bandwidth design targets and achieved triple the data rate as compared to competing devices in use today.
Starting with September 1, LWLG is traded on NASDAQ. CEO Michael Lebby said:
“We continue to advance towards our goal of mass commercialization, furthering our efforts with tier-1 potential customers currently evaluating our technology under NDA. We look forward to continued innovation and further growing the prominence of the Lightwave Logic brand as we share our story with a wider audience of investors.”
LWLG is growing bigger and bigger, and we think this is one of the best penny stocks to hold in your portfolio.
THE FINAL NOTE
All of the 4 best penny stocks discussed today are on the rise and are good stocks to hold. Nevertheless, our best advice is to be patient and enter the market during corrections. Buying dips and selling rips as swing trades remains the best strategy in the penny stock market. Still, whenever a penny stock is in the middle of a bull run, we recommend our subscribers to book profits.
It’s very important to eye best penny stocks that have room for growth and have yet to make their explosive move. There are plenty of opportunities, and we take our time to monitor hundreds of penny stocks to buy each week, trying to find the best alerts for our subscribers.
Remember, all you need is one or two penny stocks to succeed in order to crush the market averages.
As always, good luck to all (except the shorts)!
WHEN INSIDER FINANCIAL HAS A STOCK ALERT, IT CAN PAY TO LISTEN. AFTER ALL, OUR FREE NEWSLETTER HAS FOUND MANY TRIPLE-DIGIT WINNERS FOR OUR SUBSCRIBERS. WE SPECIALIZE IN FINDING MOMENTUM BEFORE IT HAPPENS!
Disclosure: We have no position in any of the securities mentioned. We wrote this article ourselves and it expresses our own opinions. We are not receiving compensation for it. We have no business relationship with any company whose stock is mentioned in this article. Insider Financial is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. This article is not a solicitation or recommendation to buy, sell, or hold securities. This article is meant for informational and educational purposes only and does not provide investment advice.