Last week was a quiet week for penny stocks, with only one company delivering the kind of triple-digit gain we’ve come to expect from the best penny stocks.
Last week’s top gainer, Westmoreland Resource Partners LP (NYSE: WMLP), jumped over 148% after receiving several performance upgrades from industry analysts. Starting the week around $1.70, Westmoreland closed on Friday at $4.17 – a tremendous gain for this little-known stock.
While Westmoreland’s gains are exciting, it’s unlikely that the company’s stock continues to generate such large returns. After looking at last week’s top performing penny stocks, we’ll show you a penny stock that has tremendous profit potential…
|Penny Stock||Current Share Price||Last Week’s Gain|
|Westmoreland Resource Parters LP (NYSE: WMLP)||$2.00||148.21 %|
|Oxbridge Re Holdings Ltd. (Nasdaq: OXBR)||$2.00||39.17%|
|Aegean Marine Petroleum Network Inc. (NYSE: ANW)||$2.01||36.05%|
|Universal Security Instruments Inc. (NYSE: UUU)||$1.95||30.91%|
|Lantronix Inc. (Nasdaq: LTRX)||$3.40||30.42%|
|Arca Biopharma Inc. (Nasdaq: ABIO)||$0.74||29.33%|
|Huttig Building Products Inc. (Nasdaq: HBP)||$4.98||28.82%|
|Energy Fuels Inc. (NYSE: UUUU)||$3.35||28.10%|
|Nortech Systems Inc. (Nasdaq: NSYS)||$3.80||28.10%|
|Gastar Exploration Inc. (NYSE: GST)||$0.16||28.00%|
While those gains are exciting, it’s important to note that investing in penny stocks can also be incredibly risky.
Yes, there are penny stocks that have tremendous growth potential that can easily dwarf your initial investment. However, most penny stocks lack the solid underlying financials necessary to generate a significant return.
Life-Changing Profit Potential: One tiny firm is rapidly developing the parts for a game-changing technology – and the gains from its stock, trading for less than $10, could turn every $1,000 invested into $4,719. Learn more…
In order to identify the best penny stocks, our team uses the Money Morning Stock VQScore™ to identify stocks that have real growth potential.
Developed from our proprietary valuation system, the VQScore identifies undervalued stocks with the highest profit potential by using a blended analysis of a company’s earnings potential, growth rate, earnings-per-share acceleration, and market volume.
Our favorite small-cap stock to buy this week has our highest VQScore – meaning it has strong underlying value and a high chance of providing significant gains for investors.
In fact, this penny stock could gain over 100%…