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7 Trending Penny Stocks That You Need to Know About in July 2021

Are these trending penny stocks worth adding to your watchlist?
The post 7 Trending Penny Stocks That You Need to Know About in July 2021 appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.

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Why These Penny Stocks Could Be Worth Adding to Your Watchlist

Finding the most trending penny stocks is something that has become commonplace in the past year. With the advent of social media investors, penny stocks on Reddit, Twitter, and more have become very popular in 2021. Additionally, this year many traders have realized that when they come together, they could have just as much power as the largest players. This means that we’ve witnessed large price swings all due to a stock being trending. 

[Read More] Best Penny Stocks For Your July 2021 List? 8 Biotechs To Watch Now

However, it’s not enough to simply find a popular penny stock to buy. Rather, investors need to do the proper due diligence to see if it is truly worth it. And, once the research is done, making a list of the best penny stocks to watch can be easier than previously imagined. Considering all of this, let’s take a look at seven trending penny stocks that you need to know about. 

7 Trending Penny Stocks to Watch Right Now

  1. Diffusion Pharmaceuticals Inc. (NASDAQ: DFFN)
  2. Tellurian Inc. (NASDAQ: TELL)
  3. 9 Meters Biopharma Inc. (NASDAQ: NMTR)
  4. Ault Global Holdings Inc. (NYSE: DPW)
  5. Senmiao Technology Ltd. (NASDAQ: AIHS)
  6. Ibio Inc. (NYSE: IBIO)
  7. Harmony Gold Mining Co. (NYSE: HMY)

Diffusion Pharmaceuticals Inc. (NASDAQ: DFFN)

The biopharmaceutical industry has been one of the fastest-growing sectors in the market this past year. When considering penny stocks, Diffusion Pharmaceuticals is one of the leading companies that many investors are looking into this week. Because of the COVID-19 pandemic, oxygen therapies are in high demand.

As a company, DFFN specializes in developing therapies meant to deliver oxygen to highly specific areas of the body. This is to treat conditions such as hypoxia.  Today, DFFN released its positive topline results for its lead product, trans sodium crocetinate (TSC).

“The positive trend observed in the TCOM trial is very encouraging. We believe the data further clarify TSC’s exposure-response relationship and successfully build on our clinical development strategy. These data will inform study design for upcoming trials and our ongoing investigation of the timing of administration to maximize clinical efficacy.

We also believe the TCOM data complement recent data obtained from our COVID-19 trial and further support our ongoing execution of our three well-controlled Oxygenation Trials, where each study is uniquely designed to differentially investigate TSC’s novel mechanism of action.”

Chris Galloway, CMO of DFFN

This is big news and something that could make DFFN stock worth watching in the coming weeks. Considering this, will it be on your penny stocks watchlist?

Tellurian Inc. (NASDAQ: TELL)

Another sector outperforming most this past year is the energy industry. A penny stock to consider adding to your watchlist in light of this is Tellurian. TELL is a natural gas company that was founded in 2016 and is based out of Houston, Texas. Collectively, the Tellurian team has delivered over 79 million tonnes of LNG over the past 50 years. 

In a recent effort to pursue commercial momentum, TELL has begun preparations for a project at Driftwood LNG, a 27.6 mtpa LNG facility located in Lake Charles, Louisiana. Its lead contractor, Bechtel, is said to begin the first phase of construction later this summer.

Additionally, in the past five weeks, TELL has also signed two 10-year contracts to sell 3 MTPA of LNG with both the Virol and Gunvor Group. These deals have helped TELL see tremendous growth so far this past year. If we consider that the pandemic is dwindling in severity despite the Delta variant, we see that there could be a major uptick in energy demand in the coming months. While this is mostly speculation, it could make TELL stock worth watching.

Penny_Stocks_to_Watch_Tellurian

9 Meters Biopharma Inc. (NASDAQ: NMTR)

Another biotech penny stock to follow this month is 9 Meters Biopharma. This company focuses on the unmet needs of gastroenterology. Currently, NMTR is advancing its lead product, vurolenatide, into the Phase 2 trial and larazotide into its Phase 3 trial. Vurolenatide is a novel long-acting GLP-1 agonist meant for short bowel syndrome (SBS), which is a rare and orphan disease.  Additionally, NMTR has joined both the broad-market Russell 3000 Index and the small-cap Russell 2000 Index.

“The addition of 9 Meters to these Russell Indexes is indicative of both the perseverance and accomplishments our team has made in the last year as we strive to become the treatment leader in rare and unmet gastroenterology disorders.

Our inclusion in the Russell Indexes will raise our visibility among the international investment community at a favorable time, as we move towards several upcoming milestones.”

John Temperato, President and CEO of 9 Meters

The addition of NMTR to the Russell Indexes as well as its continuing work on drug discovery and commercialization could make it an interesting candidate for your watchlist.

Penny_Stocks_to_Watch_9

Ault Global Holdings Inc. (NYSE: DPW)

Ault Global Holdings is a company that specializes in the acquisition of undervalued businesses where it then increases the underlying companies potential. DPW is growth-oriented, focused on specific companies that specialize in disruptive technologies that have global impact potential.

[Read More] 10 Best Reddit Penny Stocks to Watch on Robinhood Right Now

Its portfolio encompasses a diverse range of industries including industrial, textiles, defense/aerospace, medical/biopharma, telecommunications, and automotive companies. Because of its broadness, DPW stock offers exposure to the stock market that many similar businesses cannot compete with. 

Recently DPW announced its purchase contract to acquire 40% of Adtech Pharma. This is an innovative biotech company that has developed a novel solution for a sole-sourced synthetic cannabinoid therapeutic. The eye drop solution is proposed to target glaucoma, and Adtech believes it could soon reach a worldwide market. The acquisition price was set at $3 million valuing Adtech at $7.5 million in total. This is an exciting advancement and one that shows just why so many investors believe in the future of Ault Global.

Penny_Stocks_to_Watch_Ault Global Holdings Inc. (DPW Stock Chart)

Senmiao Technology Ltd. (NASDAQ: AIHS)

One penny stock that could be interesting to watch this coming month is Senmiao Technology. AIHS is a current leader in the automobile transaction industry and has recently expanded into the ride-hailing business as well. Based out of Chengdu, China, Senmiao is a provider of transaction services for automobiles and acts in other parts of the automobile business as well. This includes the buying/selling of cars as well as mediating transactions, financing, management, operating leases, guarantees, and other services. 

Today, AIHS announced that it expects to release its financial results for the year before Friday, July 9th, 2021. In addition to this, it expects to file its Form 12b-25 at the same time. Both of these forms are important for investors to consider as they give a clear insight into where the company could be headed. So, with these documents coming out next week, investors may want to keep a close eye on AIHS stock. 

Penny_Stocks_to_Watch_Senmiao

iBio Inc. (NYSE: IBIO)

iBio is another biopharmaceutical penny stock company worth looking into this July. IBIO is primarily focused on a wide array of proteins that are derived from Nicotiana benthamiana plants for therapeutic vaccine development. Not only does it outsource these proteins but it uses them for its own pipeline products as well. It is able to produce high volume production from its 130,000 square foot FastPharming Facility in Texas in order to meet demands. 

Much of its wide array of proteins are also in use for research and development purposes for bioprocessing. Because of IBIO’s Glycaneering Development Service, it is able to have higher control over protein glycoforms, meaning that it can remove fucose to create more potent monoclonal antibody therapeutics. This is something we see necessary as Covid continues to wreak havoc around the world. Considering its innovative role in the stock market, do you think IBIO stock is worth watching?

Penny_Stocks_to_Watch_Ibio

Harmony Gold Mining Co. (NYSE: HMY)

The last penny stock on this list is Harmony Gold. Harmony Gold is one of the largest mining companies in South Africa and produces a sizable quantity of gold ore. Despite its operations being based primarily in South Africa, it also works in other parts of the world such as Papua New Guinea. In total, its holdings make up nine underground mines, one open-pit mine, and multiple surface operations. Operations also include exploring for prospective mining locations, conducting studies, developing, and buying operating mines. 

In 2019, HMY was listed as being worth over $1.2 billion and growing every year. With safety measures in place as well as other forms of accountability measures, it’s no surprise why HMY has been so successful. Additionally, with the rising rates of inflation, many believe that the price of gold could continue to rise in the near future. And during times of economic turmoil, investors often choose to turn toward safeguard stocks such as mining stocks, and you guessed it, gold production stocks. With all of this in mind, will HMY be on your penny stocks watchlist?

Penny_Stocks_to_Watch_Harmony Gold Mining Co. (HMY Stock Chart)

Are These Penny Stocks on Your Watchlist?

Making a penny stocks watchlist is one of the best things you can do for your portfolio. And, scouring social media to see which small-caps are trending can also be a major benefit.

[Read More] 9 Top Penny Stocks to Watch That Shot Up Big Today

Considering that there are thousands of penny stocks to choose from, it can be difficult at times to pick the best ones for your portfolio. But, with the right research and information in hand, it can be much easier than previously imagined. With this in mind, are these penny stocks on your watchlist?

The post 7 Trending Penny Stocks That You Need to Know About in July 2021 appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.

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Analyst reviews Apple stock price target amid challenges

Here’s what could happen to Apple shares next.

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They said it was bound to happen.

It was Jan. 11, 2024 when software giant Microsoft  (MSFT)  briefly passed Apple  (AAPL)  as the most valuable company in the world.

Microsoft's stock closed 0.5% higher, giving it a market valuation of $2.859 trillion. 

It rose as much as 2% during the session and the company was briefly worth $2.903 trillion. Apple closed 0.3% lower, giving the company a market capitalization of $2.886 trillion. 

"It was inevitable that Microsoft would overtake Apple since Microsoft is growing faster and has more to benefit from the generative AI revolution," D.A. Davidson analyst Gil Luria said at the time, according to Reuters.

The two tech titans have jostled for top spot over the years and Microsoft was ahead at last check, with a market cap of $3.085 trillion, compared with Apple's value of $2.684 trillion.

Analysts noted that Apple had been dealing with weakening demand, including for the iPhone, the company’s main source of revenue. 

Demand in China, a major market, has slumped as the country's economy makes a slow recovery from the pandemic and competition from Huawei.

Sales in China of Apple's iPhone fell by 24% in the first six weeks of 2024 compared with a year earlier, according to research firm Counterpoint, as the company contended with stiff competition from a resurgent Huawei "while getting squeezed in the middle on aggressive pricing from the likes of OPPO, vivo and Xiaomi," said senior Analyst Mengmeng Zhang.

“Although the iPhone 15 is a great device, it has no significant upgrades from the previous version, so consumers feel fine holding on to the older-generation iPhones for now," he said.

A man scrolling through Netflix on an Apple iPad Pro. Photo by Phil Barker/Future Publishing via Getty Images.

Future Publishing/Getty Images

Big plans for China

Counterpoint said that the first six weeks of 2023 saw abnormally high numbers with significant unit sales being deferred from December 2022 due to production issues.

Apple is planning to open its eighth store in Shanghai – and its 47th across China – on March 21.

Related: Tech News Now: OpenAI says Musk contract 'never existed', Xiaomi's EV, and more

The company also plans to expand its research centre in Shanghai to support all of its product lines and open a new lab in southern tech hub Shenzhen later this year, according to the South China Morning Post.

Meanwhile, over in Europe, Apple announced changes to comply with the European Union's Digital Markets Act (DMA), which went into effect last week, Reuters reported on March 12.

Beginning this spring, software developers operating in Europe will be able to distribute apps to EU customers directly from their own websites instead of through the App Store.

"To reflect the DMA’s changes, users in the EU can install apps from alternative app marketplaces in iOS 17.4 and later," Apple said on its website, referring to the software platform that runs iPhones and iPads. 

"Users will be able to download an alternative marketplace app from the marketplace developer’s website," the company said.

Apple has also said it will appeal a $2 billion EU antitrust fine for thwarting competition from Spotify  (SPOT)  and other music streaming rivals via restrictions on the App Store.

The company's shares have suffered amid all this upheaval, but some analysts still see good things in Apple's future.

Bank of America Securities confirmed its positive stance on Apple, maintaining a buy rating with a steady price target of $225, according to Investing.com

The firm's analysis highlighted Apple's pricing strategy evolution since the introduction of the first iPhone in 2007, with initial prices set at $499 for the 4GB model and $599 for the 8GB model.

BofA said that Apple has consistently launched new iPhone models, including the Pro/Pro Max versions, to target the premium market. 

Analyst says Apple selloff 'overdone'

Concurrently, prices for previous models are typically reduced by about $100 with each new release. 

This strategy, coupled with installment plans from Apple and carriers, has contributed to the iPhone's installed base reaching a record 1.2 billion in 2023, the firm said.

More Tech Stocks:

Apple has effectively shifted its sales mix toward higher-value units despite experiencing slower unit sales, BofA said.

This trend is expected to persist and could help mitigate potential unit sales weaknesses, particularly in China. 

BofA also noted Apple's dominance in the high-end market, maintaining a market share of over 90% in the $1,000 and above price band for the past three years.

The firm also cited the anticipation of a multi-year iPhone cycle propelled by next-generation AI technology, robust services growth, and the potential for margin expansion.

On Monday, Evercore ISI analysts said they believed that the sell-off in the iPhone maker’s shares may be “overdone.”

The firm said that investors' growing preference for AI-focused stocks like Nvidia  (NVDA)  has led to a reallocation of funds away from Apple. 

In addition, Evercore said concerns over weakening demand in China, where Apple may be losing market share in the smartphone segment, have affected investor sentiment.

And then ongoing regulatory issues continue to have an impact on investor confidence in the world's second-biggest company.

“We think the sell-off is rather overdone, while we suspect there is strong valuation support at current levels to down 10%, there are three distinct drivers that could unlock upside on the stock from here – a) Cap allocation, b) AI inferencing, and c) Risk-off/defensive shift," the firm said in a research note.

Related: Veteran fund manager picks favorite stocks for 2024

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Major typhoid fever surveillance study in sub-Saharan Africa indicates need for the introduction of typhoid conjugate vaccines in endemic countries

There is a high burden of typhoid fever in sub-Saharan African countries, according to a new study published today in The Lancet Global Health. This high…

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There is a high burden of typhoid fever in sub-Saharan African countries, according to a new study published today in The Lancet Global Health. This high burden combined with the threat of typhoid strains resistant to antibiotic treatment calls for stronger prevention strategies, including the use and implementation of typhoid conjugate vaccines (TCVs) in endemic settings along with improvements in access to safe water, sanitation, and hygiene.

Credit: IVI

There is a high burden of typhoid fever in sub-Saharan African countries, according to a new study published today in The Lancet Global Health. This high burden combined with the threat of typhoid strains resistant to antibiotic treatment calls for stronger prevention strategies, including the use and implementation of typhoid conjugate vaccines (TCVs) in endemic settings along with improvements in access to safe water, sanitation, and hygiene.

 

The findings from this 4-year study, the Severe Typhoid in Africa (SETA) program, offers new typhoid fever burden estimates from six countries: Burkina Faso, Democratic Republic of the Congo (DRC), Ethiopia, Ghana, Madagascar, and Nigeria, with four countries recording more than 100 cases for every 100,000 person-years of observation, which is considered a high burden. The highest incidence of typhoid was found in DRC with 315 cases per 100,000 people while children between 2-14 years of age were shown to be at highest risk across all 25 study sites.

 

There are an estimated 12.5 to 16.3 million cases of typhoid every year with 140,000 deaths. However, with generic symptoms such as fever, fatigue, and abdominal pain, and the need for blood culture sampling to make a definitive diagnosis, it is difficult for governments to capture the true burden of typhoid in their countries.

 

“Our goal through SETA was to address these gaps in typhoid disease burden data,” said lead author Dr. Florian Marks, Deputy Director General of the International Vaccine Institute (IVI). “Our estimates indicate that introduction of TCV in endemic settings would go to lengths in protecting communities, especially school-aged children, against this potentially deadly—but preventable—disease.”

 

In addition to disease incidence, this study also showed that the emergence of antimicrobial resistance (AMR) in Salmonella Typhi, the bacteria that causes typhoid fever, has led to more reliance beyond the traditional first line of antibiotic treatment. If left untreated, severe cases of the disease can lead to intestinal perforation and even death. This suggests that prevention through vaccination may play a critical role in not only protecting against typhoid fever but reducing the spread of drug-resistant strains of the bacteria.

 

There are two TCVs prequalified by the World Health Organization (WHO) and available through Gavi, the Vaccine Alliance. In February 2024, IVI and SK bioscience announced that a third TCV, SKYTyphoid™, also achieved WHO PQ, paving the way for public procurement and increasing the global supply.

 

Alongside the SETA disease burden study, IVI has been working with colleagues in three African countries to show the real-world impact of TCV vaccination. These studies include a cluster-randomized trial in Agogo, Ghana and two effectiveness studies following mass vaccination in Kisantu, DRC and Imerintsiatosika, Madagascar.

 

Dr. Birkneh Tilahun Tadesse, Associate Director General at IVI and Head of the Real-World Evidence Department, explains, “Through these vaccine effectiveness studies, we aim to show the full public health value of TCV in settings that are directly impacted by a high burden of typhoid fever.” He adds, “Our final objective of course is to eliminate typhoid or to at least reduce the burden to low incidence levels, and that’s what we are attempting in Fiji with an island-wide vaccination campaign.”

 

As more countries in typhoid endemic countries, namely in sub-Saharan Africa and South Asia, consider TCV in national immunization programs, these data will help inform evidence-based policy decisions around typhoid prevention and control.

 

###

 

About the International Vaccine Institute (IVI)
The International Vaccine Institute (IVI) is a non-profit international organization established in 1997 at the initiative of the United Nations Development Programme with a mission to discover, develop, and deliver safe, effective, and affordable vaccines for global health.

IVI’s current portfolio includes vaccines at all stages of pre-clinical and clinical development for infectious diseases that disproportionately affect low- and middle-income countries, such as cholera, typhoid, chikungunya, shigella, salmonella, schistosomiasis, hepatitis E, HPV, COVID-19, and more. IVI developed the world’s first low-cost oral cholera vaccine, pre-qualified by the World Health Organization (WHO) and developed a new-generation typhoid conjugate vaccine that is recently pre-qualified by WHO.

IVI is headquartered in Seoul, Republic of Korea with a Europe Regional Office in Sweden, a Country Office in Austria, and Collaborating Centers in Ghana, Ethiopia, and Madagascar. 39 countries and the WHO are members of IVI, and the governments of the Republic of Korea, Sweden, India, Finland, and Thailand provide state funding. For more information, please visit https://www.ivi.int.

 

CONTACT

Aerie Em, Global Communications & Advocacy Manager
+82 2 881 1386 | aerie.em@ivi.int


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US Spent More Than Double What It Collected In February, As 2024 Deficit Is Second Highest Ever… And Debt Explodes

US Spent More Than Double What It Collected In February, As 2024 Deficit Is Second Highest Ever… And Debt Explodes

Earlier today, CNBC’s…

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US Spent More Than Double What It Collected In February, As 2024 Deficit Is Second Highest Ever... And Debt Explodes

Earlier today, CNBC's Brian Sullivan took a horse dose of Red Pills when, about six months after our readers, he learned that the US is issuing $1 trillion in debt every 100 days, which prompted him to rage tweet, (or rageX, not sure what the proper term is here) the following:

We’ve added 60% to national debt since 2018. Germany - a country with major economic woes - added ‘just’ 32%.   

Maybe it will never matter.   Maybe MMT is real.   Maybe we just cancel or inflate it out. Maybe career real estate borrowers or career politicians aren’t the answer.

I have no idea.  Only time will tell.   But it’s going to be fascinating to watch it play out.

He is right: it will be fascinating, and the latest budget deficit data simply confirmed that the day of reckoning will come very soon, certainly sooner than the two years that One River's Eric Peters predicted this weekend for the coming "US debt sustainability crisis."

According to the US Treasury, in February, the US collected $271 billion in various tax receipts, and spent $567 billion, more than double what it collected.

The two charts below show the divergence in US tax receipts which have flatlined (on a trailing 6M basis) since the covid pandemic in 2020 (with occasional stimmy-driven surges)...

... and spending which is about 50% higher compared to where it was in 2020.

The end result is that in February, the budget deficit rose to $296.3 billion, up 12.9% from a year prior, and the second highest February deficit on record.

And the punchline: on a cumulative basis, the budget deficit in fiscal 2024 which began on October 1, 2023 is now $828 billion, the second largest cumulative deficit through February on record, surpassed only by the peak covid year of 2021.

But wait there's more: because in a world where the US is spending more than twice what it is collecting, the endgame is clear: debt collapse, and while it won't be tomorrow, or the week after, it is coming... and it's also why the US is now selling $1 trillion in debt every 100 days just to keep operating (and absorbing all those millions of illegal immigrants who will keep voting democrat to preserve the socialist system of the US, so beloved by the Soros clan).

And it gets even worse, because we are now in the ponzi finance stage of the Minsky cycle, with total interest on the debt annualizing well above $1 trillion, and rising every day

... having already surpassed total US defense spending and soon to surpass total health spending and, finally all social security spending, the largest spending category of all, which means that US debt will now rise exponentially higher until the inevitable moment when the US dollar loses its reserve status and it all comes crashing down.

We conclude with another observation by CNBC's Brian Sullivan, who quotes an email by a DC strategist...

.. which lays out the proposed Biden budget as follows:

The budget deficit will growth another $16 TRILLION over next 10 years. Thats *with* the proposed massive tax hikes.

Without them the deficit will grow $19 trillion.

That's why you will hear the "deficit is being reduced by $3 trillion" over the decade.

No family budget or business could exist with this kind of math.

Of course, in the long run, neither can the US... and since neither party will ever cut the spending which everyone by now is so addicted to, the best anyone can do is start planning for the endgame.

Tyler Durden Tue, 03/12/2024 - 18:40

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