The Best Penny Stocks That Investors Should Take Advantage of in 2019
Volatility is one of the things that deprive investors their sleep and since penny stocks are so volatile, most people do not like them. Microcap stocks are still a safe place for people to keep their money and let it grow contrary to what some people believe that the stocks are almost going out of the market. The best penny stocks keep growing with time and trends show that such are headed for a strong and long-term value but then which are the types to look out for from the many that are available in the market today? Investors always know the best place to put their money but determining the best penny stocks that they have to watch some of which are discussed below.
Even though it has some challenges up to Jan 2019, GSAT still made it to this list all thanks to its stability and balance that it now has. The company is popular not for just the remarkable satellite technology but also the strong place it has held over the years and still shows the potential to continue going strong. GSAT is among the safest bets to buy among all the penny stocks in the market today and it is even expected to turn around for the better in the future. Some of the reasons why people that own shares in GSAT should hold onto a little patience and keep their stocks for longer is that there is no volatility in the market currently and hence they have a possibility of getting more value for their money and there are also no signs for beneficial selling as well. Investors interested in buying stocks, on the contrary, should wait a little longer as they research to ensure that they are aware of any sudden changes and utilize them maximally as well as find experienced stockbrokers to help them out too.
The camera tech sector also has a representation on the list courtesy of the Eastman Kodak Company which is another 2019 option for people interested in penny stocks. KODK has had a significantly high positive trends that went up to 3.71 USD in March but buyers should brace themselves up for the buy mode in April all thanks to its drop all the way to 2.53 USD. There are many other penny stocks that people should consider in 2019 in addition to the above including Chesapeake Energy which is an oil and gas company as well as Arcimoto and Curis.