The US stock market started the week off on the wrong foot, although small caps outperformed the market, which proves that this is a great time to get exposure to penny stocks whose valuations have room to increase multiple times in the best-case scenarios.
While the main indexes ended lower on Monday, small caps performed better.
Chuck Carlson, CEO of Horizon Investment Services, told Reuters:
“The economic reopening trade is alive and well. Economically sensitive stocks are up, and tech’s being worked over pretty good.”
He added that the recent increase in Treasury yields reflects investors having a little bit more confidence in the economy not being stalled out.
Indeed, the economy keeps recovering, with many small-cap companies benefiting from another wave of positive economic data, even though high inflation remains a concern.
FINDING OPPORTUNITIES IN TOP PENNY STOCKS
There are plenty of opportunities for investors if they follow us here at Insider Financial.
The key to trading stocks is finding the momentum BEFORE it happens and then be patient. Now, when we say that we find momentum BEFORE it happens, we are investors looking to position our subscribers BEFORE the move happens.
It’s also best to own a portfolio of penny stocks. For some that can be as many as 10 to 20 or more penny stocks that include both OTC stocks and NASDAQ penny stocks.
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.
The fact is that there is always a bull market somewhere. That’s why it’s important for penny stock investors to trade both OTC and NASDAQ stocks, and sometimes get exposure to larger companies that still seem to have massive growth potential. There are always opportunities if you give yourself the flexibility to trade all markets.
In this article, we take a look at 4 penny stocks to buy, one of which is listed on NASDAQ and one is traded on NYSE American. They are Camber Energy, Inc (NYSE American: CEI), Health Revenue Assurance Holdings, Inc (OTCPK: HRAA), Integrated Ventures, Inc (OTCQB: INTV), and ReWalk Robotics Ltd (NASDAQ: RWLK).
Penny Stocks to Buy #1 CEI
After dropping to the lowest level year-to-date (YTD) in mid-August at less than 40 cents, Camber Energy, Inc has been surging rapidly, recovering from previous losses and getting very close to updating the highest level since 2019.
Currently, you can buy this NYSE American-listed stock for $3.22, up over 500% this month. At the beginning of September, we reiterated the bullish case for CEI when the stock was trading at only about 50 cents. Our goal is to anticipate the bullish momentum before it gains traction, enabling our subscribers to secure generous profits.
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.
There are several factors driving the price of CEI.
As we previously reported, last month the company said 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 has also leveraged external factors, as oil prices have recovered and trade closer to the highest in over 5 years, with WTI fluctuating near $74. Meanwhile, the price of natural gas has been ascending is now trading close to the highest level since 2018, peaking on September 15 at over $5.40.
Natural gas is expected to keep rising in the coming months, and if there is a cold winter, Goldman Sachs analysts anticipate another doubling of price after the commodity surged about 100% YTD.
Also, CEI has been a short squeeze candidate, with the short float figure maintaining near 25%, according to finviz data. The visibility on social media is a factor that cannot be ignored today, with many rallies being driven by speculation alone. Recently, Twitter influencer Mr. Zack Morris said that he expected $5 for CEI as the next target.
— Zack Morris (@MrZackMorris) September 23, 2021
With a healthy balance sheet and innovative technologies, it’s natural to be bullish on this penny stock.
Penny Stocks to Buy #2 HRAA
Health Revenue Assurance Holdings, Inc continues to gain momentum, getting closer to the record high touched in 2013. We first reported on this Pink Current stock the beginning of the month, which you can read here. HRAA is up almost 1,000% in September. Rallies like this prove why penny stocks are worth trading and subscribing to Insider Financial.
Investors paid attention to HRAA given its ties with David Lazar, who is known for taking over shells and then finding merger candidates that bring value to shareholders.
Earlier this month, the company reported a private transaction during which 10 million shares of HRAA Series A-1 preferred stock of $0.001 par value per share were transferred from Custodian Ventures, LLC to AmeriGuard Security Services, Inc. As a result, AmeriGuard took control over the controlling shareholders.
AmeriGuard is a security company with over 500 employees and over $100 million annual revenue, with clients including corporate giants like General Electric and PG&E Company, as well as government agencies, including Federal Court House in San Francisco, Federal Aviation Administration Oakland ARTCC in Fremont, Homeland Security, and more.
This is huge news for a $20 million business.
$HRAA $15M market cap here is ridiculously undervalued for this merger. Company is doing $50M-$100M government contracts and 500 – 700+ employees. They are actively hiring and this is their security technology app. This should see market cap north of $200M at very least. https://t.co/8LPpQix9dK pic.twitter.com/XdKMBhggS8
— Terry (@TerryChenOK) September 21, 2021
David Lazar has been replaced by AmeriGuard CEO Lawrence Garcia as the new CEO and President of HRAA.
As we already mentioned in the previous post, we have high expectations of HRAA thanks to the massive reverse merger. The share price should easily break above $1 and go higher depending on AmeriGuard’s reported revenue.
Penny Stocks to Buy #3 INTV
Integrated Ventures, Inc is a crypto play that has been making waves, gaining over 44% over the last five trading days. The OTCQB-listed stock corrected from its February YTD at $0.75 to less than 15 cents as of June. It has gradually gained traction since then, ascending to the current level of $0.2949.
Early in February, we told our subscribers that INTV was one of the best crypto plays for investors before the big move, which you can read here. This is another example of finding the momentum BEFORE it happens!
On Friday, INTV released its annual report for the financial period ending on July 30, 2021. The company said that revenues surged by over 300% and shareholder’s equity grew by a whopping 2,344%.
INTV is a diversified holdings company that develops, acquires, operates, and invests in businesses, primarily in the technology sector with a focus on blockchain applications, e-commerce, IT, data center design, and cryptocurrency mining. The company’s current, revenue-generating operations consist of crypto mining and hosting, as well as manufacturing and distribution of the mining equipment.
Crypto mining revenues, mostly during Q3 and Q4, increased to $1.85 million from $454,000. The fact that the greatest part of the increase came in H2 suggests that the momentum may still be growing. INTV is now a profitable business, reporting a gross profit of over $930 million versus a loss of $542,000 in the previous year. The balance sheet surged from only $6,675 to almost $2.1 million.
INTV CEO Steve Rubakh said:
“INTV has delivered the best year to date results, in terms of mining revenues, mining equipment purchases of miners made by Bitmain, Canaan and WhatsMiner, shareholder’s equity and asset growth and equity-based capital raised. In addition, our revenues for Q1/2022 are tracking over $1.8 million.”
INTV is planning to uplist on NASDAQ, and one of the conditions is to increase shareholder’s equity. The company expects total revenues for 2022 to exceed $35 million. We think INTV is a good OTC stock to hold, especially as it trades lower than its YTD high and has much room for growth. Bitcoin mining has become one of the most profitable businesses after China’s crackdown on local miners, which once controlled over half of global mining operations.
Earlier this month, INTV announced that it was joining a US-based mining pool managed and operated by Foundry Digital, LLC, a wholly-owned subsidiary of Digital Currency Group (DCG), one of the largest crypto-oriented companies.
The Company is planning to transfer all existing miners to the Foundry pool as well as connect an additional 2,400 more S19J 100 TH miners, manufactured by Bitmain and scheduled to be deployed on monthly basis, by July 30, 2022.
Penny Stocks to Buy #4 RWLK
ReWalk Robotics Ltd has been on the rise, with the share price spiking to $2.70 on Friday, which is the highest since March. The NASDAQ-listed stock broke above $5 in February, after which it had consistently declined until finding support at about $1.25 in mid-September, which is the lowest level YTD. The price bounced back last week, gaining over 50% to trade at $2.01.
ReWalk Robotics is a medical device company that designs, develops, and commercializes wearable robotic exoskeletons for individuals with mobility impairments or other medical conditions in Israel, the US, Europe, the Asia-Pacific, Latin America, and Africa. It offers the following products:
- ReWalk Personal and ReWalk Rehabilitation for spinal cord injuries and everyday use by paraplegic individuals at home and in communities;
- ReStore, a soft exo-suit intended for used in the rehabilitation of individuals with lower limb disability due to stroke;
- MyoCycle and MediTouch tutor movement biofeedback devices for use at home or in clinic.
The company markets and sells its products directly to third-party payers, institutions, and individuals, as well as through distributors.
On Monday, the $90+ company said that it had entered into definitive agreements with several institutional investors providing for the issuance of 16+ million of RWLK’s ordinary shares at an effective purchase price of $2.035, in a registered direct offering priced at the market under Nasdaq Rules. ReWalk has also agreed to issue to the investors unregistered warrants to purchase up to an aggregate amount of 8,006,759 ordinary shares in a concurrent private placement. The offering is expected to close on or about September 29, 2021, subject to satisfaction of customary closing conditions.
The gross proceeds from the offering are expected to be approximately $32.5 million. The company intends to use the net proceeds to spend on sales, marketing, and reimbursement expenses related to market development activities of its ReStore and Personal 6.0 devices, broadening third-party payor and CMS coverage for the ReWalk Personal device and commercializing its new product lines added through distribution agreements.
While RWLK might not rally in the following weeks or even months, it may be considered as a long-term buy given that it provides unique products to a global market.
$RWLK ReWalk Robotics 🚀 Already up 22% , and the price target 🎯 is solid $3.50 . So much room for growth as this company makes eskeleton robots to help disabled people walk. These robots are sold across the world. 🚀🚀🎯🎯 pic.twitter.com/XB66tFvWZN
— Smart🚀Trades (@SmartTradesWin) September 21, 2021
THE FINAL NOTE
Now is a great opportunity to invest in top penny stocks with great potential. Our job is to identify the best stock alerts with strong fundamentals and let our subscribers pick the ones they like to build a well-diversified portfolio oriented at penny stocks.
The 4 penny stocks to buy 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 stock market. Still, whenever a hot stock is in the middle of a bull run, we recommend our subscribers to book profits.
It’s very important to eye 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 run 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.