Whether or not you’re trading penny stocks or higher-priced stocks, you need a broker to place your orders. Thanks to millions of new market participants joining the ranks over the last few years, mobile-first platforms have grown popular. What’s more, many of these offer added benefits that some of the more traditional platforms don’t include low and no-fee trading.
One of the more popular platforms retail traders are using right now is Webull. Not only does it offer enhanced tools not available on other mobile apps, but it also allows many users to trade pre- and post-market hours. One of the downsides of using platforms like this is you’re limited to Nasdaq and NYSE-listed companies. That can make it harder to find penny stocks to buy as many are traded Over-The-Counter. Lucky for you, this article discusses some of the more popular stocks under $5 trading on Major exchanges.
Penny Stocks TL;DR 30-Second Summary
- Penny stocks are higher risk assets, which can require brokerages to add certain rules for users looking to trade them
- Many mobile-first platforms like Webull don’t typically allow trading of OTC penny stocks
- Despite many sub-$5 stocks being traded Over The Counter, there are still plenty that’ve made their way to the NASDAQ and New York Stock Exchange
- Today we look at a few Webull penny stocks to watch that platform users have deemed as “bullish” right now
Another unique trait of platforms like Webull is they offer a social community. This has become very prevalent in post-pandemic market trends. Retail traders have taken to social media to discuss trade ideas and strategies. One of the more popular stock market social media sites, StockTwits, raised $30 million in Series B funding at the end of 2021. The platform notable for pioneering the cashtag now aligns itself with multiple partners to leverage expertise in new markets like India and new asset classes like crypto.
This growing interest in the retail (dumb money) trading environment echoes a bullish tone for mom-and-pop investors. With that, we’ll look at a few penny stocks that have received a bullish vote of confidence this week.
Webull Penny Stocks To Watch This Week
- NeuroMetrix Inc. (NASDAQ: NURO)
- Tellurian Inc. (NYSE: TELL)
- Bark Inc. (NYSE: BARK)
- NXT-ID Inc. (NASDAQ: NXTD)
NeuroMetrix Inc. (NASDAQ: NURO)
NeuroMetrix is hoving right around the upper threshold of the penny stock range this week, and if you’re looking at the chart, things haven’t been very active as of late. However, some readers may remember this as one of the big movers last summer. NURO stock exploded from under $4 to over $38 within days. Low float penny stocks were a big focus at the time, and with fewer than 10 million shares outstanding, NURO fit the mold. In addition, the company had just released FDA-related news, which sparked the first move that took shares to $12. The following day, momentum continued pushing prices as high as $38.75.
NeuroMetrix is a commercial-stage healthcare company developing bioelectrical and digital medicines targeting chronic conditions, including diabetes, sleep disorders, and acute pain. The FDA granted Breakthrough Device Designation to the company’s Quell device for treating fibromyalgia.
There’s also a De Novo request for Quell as a prescription treatment to the FDA. As the review process continues, the market awaits an outcome, and likely speculation has followed. The company previously discussed plans for a commercial launch in 2022, and this request is a step toward that goal.
With low float penny stocks as a trending topic right now, NURO could be on the radar. What’s more, sentiment among retail traders on Webull is noticeably bullish right now.
Tellurian Inc. (NYSE: TELL)
Energy stocks have pushed even higher as of the halfway mark this week. Tellurian Inc. has followed suit, making its way back toward the 50-day moving average with a third straight day of gains. The company has focused on addressing the need for more resources to address the global reopening efforts and industrialization that has followed.
Most of this week, we’ve discussed the company as green energy and renewables have gained more interest. Companies like Tesla, Rivian, and others have also added to the bullish sentiment for this trend. In Tellurian’s case, the company focuses on natural gas and liquified natural gas (LNG) assets. LNG has particularly been a resource considered as a “bridge fuel” during the transition to green energy renaissance.
Last quarter, company CEO Octávio Simões set the bar for 2021 and 2022 expectations. He explained that “By year-end 2021, we plan to produce approximately 70 million cubic feet equivalent per day (mmcfed)…We have turned our focus to financing Driftwood LNG and plan to give Bechtel notice to proceed with construction in early 2022.”
On the heels of this news, sentiment has remained upbeat. Based on Webull users, it appears they also agree with this outlook as 92.31% are bullish on the stock.
Bark Inc. (NYSE: BARK)
The dog lifestyle company Bark Inc. has taken a bite out of the market this week. Shares have surged from lows of $3.37 to over $4.70 following several key developments. Bark’s offerings include BarkBox, BARK Super Chewer, and BARK Eats, in addition to custom collections through retail partners like Target and Amazon.
This week the company announced a new CEO in addition to fiscal Q3 2022 guidance. The latter seems to have been a cause for excitement among retail traders. Bark expects revenue to come in around $140 million, up 33.1% from the same period in fiscal 2021. Previous guidance pegged revenue between $137 and $139 million. Top-line sales also climbed more than 41% to $377.8 million through the first three quarters of fiscal 2022, compared to 2021. “Our robust holiday season and strong results underscore the power of our brand and our unique value proposition as one of the largest vertically integrated and digitally native dog companies in the world today,” commented Matt Meeker, Co-Founder and Executive Chairman of BARK.
What do retail traders think about BARK stock? Even with this week’s big move, the consensus leans more bullish than bearish, though not by a wide margin. We’ll have to see if this remains the case by the weekend.
NXT-ID Inc. (NASDAQ: NXTD)
Another one of the low float penny stocks on this list is NXT-ID. With fewer than 10 million shares outstanding, it’s clear why the stock has seen so much volatility recently. NXT-ID specializes in personal emergency response systems (PERS). Its recent government contract with the U.S. General Services Administration helped give NXTD stock a boost toward the end of the year last year. This opened up the door to accessing partners like the Veterans Health Administration.
In addition to the lower float, NXTD has been seen as one of the “short squeeze penny stocks” to watch. We discussed several this morning and used Fintel.IO data to gauge levels. Accordingly, the short float percentage right now sits around 16%. This may be another reason why Webull users have given such a bullish forecast on the stock. The current “prediction” shows more than 90% bullish right now.
Retail Trading Sentiment & Penny Stocks
Sentiment gauges like this can help you understand the market’s thoughts are about a stock. However, in the case of Webull’s tool, it’s important to remember that these are opinions from users at the end of the day. Similar to other rating systems, at the end of the day, you’re the one making the trading decision.
So with that, I would say to make sure you’ve got as much information as possible to make the best choice based on your style and strategy. This article focused on retail sentiment from Webull users. If any of the penny stocks from this list are on your watch list, leave a comment and tell us if you agree or disagree with the sentiment and why.
If you enjoyed this article and you’re interested in learning how to trade so you can have the best chance to profit consistently then you need to checkout this YouTube channel. CLICK HERE RIGHT NOW!
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Taylor Wimpey share price up 3% as housebuilder promises to return more cash to investors
The Taylor Wimpey share price has risen by 3.3% today, reversing some of the…
The post Taylor Wimpey share price up 3% as housebuilder promises to return more cash to investors first appeared on Trading and Investment News.
The Taylor Wimpey share price has risen by 3.3% today, reversing some of the losses taken over a bad start to the year that has seen the housebuilder’s valuation decline by over 10%, after the company today promised investors it would return more cash to them over coming months. The windfall comes as a result of what Taylor Wimpey described as an “excellent” 2021.
Demand for larger properties, especially houses with gardens, has leapt as a result of the pandemic. As well families spending more time at home desiring more space, buyers were further encouraged to take the leap by the stamp duty holiday that ran from 2020 until late last year, offering savings of up to £15,000. Rock bottom interest rates and fierce competition between providers also led to cheaper mortgages which helped maximise selling prices.
The combination of favourable headwinds means the homebuilder expects to now realise an operating profit of £820 million for 2021 from the sale of a little under 14,000 homes. That represents a growth of 47% in the number of new-built properties delivered compared to 2020, when construction work and administrative processes were delayed by Covid-19 disruption.
As a result, Taylor Wimpey finished last year with a bank balance of £837 million. It will now, it says, see how much cash is left once it has paid out its dividend and planned for expenses over the rest of the year. Any “excess cash” surplus will be returned to shareholders, most likely through a major share buyback. The company will confirm details alongside its full-year results, due to be reported in March.
Taylor Wimpey is worth around £6 billion and is a member of the FTSE 100. It has existed in its present format since 2007 when created out of a merger between the housebuilders George Wimpey and Taylor Woodrow. The deal was legendarily struck by current chief executive Pete Redfern at a service station on the M40.
Despite sector concerns over how much it will cost to replace dangerous cladding used on buildings over the past 20 years and now banned as a result of the Grenfell Tower scandal, Taylor Wimpey has repeatedly stated it is confident the £165 million it has set aside to cover related expenses will suffice. It has been challenged on the sum but still considers it a “reasonable estimate”.
If the cladding provision does prove sufficient, that should leave plenty of cash for redistribution to investors through a major share buyback over 2022.The post Taylor Wimpey share price up 3% as housebuilder promises to return more cash to investors first appeared on Trading and Investment News. ftse pandemic covid-19 mortgages interest rates
VIDEO — Eric Nuttall: Oil in Multi-year Bull Market, Supply Crisis Coming
Eric Nuttall: Oil in Multi-year Bull Market, Supply Crisis Coming
Supply and demand fundamentals show oil is in a multi-year bull market with a supply crisis in the works.That’s according to Eric Nuttall, partner and senior portfolio manager…
Eric Nuttall: Oil in Multi-year Bull Market, Supply Crisis Coming youtu.be
Supply and demand fundamentals show oil is in a multi-year bull market with a supply crisis in the works.
That's according to Eric Nuttall, partner and senior portfolio manager at Ninepoint Partners. He manages the firm's Ninepoint Energy Fund, which he said was the best-performing energy fund of 2021.
"The risk/reward for me in the sector is incredible," he told the Investing News Network in an interview. "My biggest challenge is everything looks good — large caps look good, small caps look good. Oil looks good, natural gas looks good. Services look good, offshore drilling looks good — everything looks good."
Nuttall said supply-side factors are key for oil right now, and explained that there are three main baskets to keep in mind: US shale, the Organization of the Petroleum Exporting Countries (OPEC) and the rest of the world.
Looking at 2022, he said US shale is no longer experiencing hypergrowth, meaning that production will grow, but will no longer exceed global demand growth. Meanwhile, OPEC is getting close to using up its spare capacity.
"By the end of this year I believe we will exhaust OPEC's spare capacity, and that will be the most bullish catalyst for oil in easily the last decade," Nuttall said during the conversation.
The "rest of the world" category includes major oil producers like Shell (NYSE:RDS.A,LSE:RDSB) and BP (NYSE:BP,LSE:BP), which Nuttall said have invested insufficiently in new production since 2014, and as a result will effectively post no growth until the end of the decade.
In terms of what that means for prices, Nuttall said it's tough to give a 2022 forecast due to variables like COVID-19, but he thinks oil will be "well in excess" of US$80 per barrel this year, with a shot at making it to US$100. Looking out further, he sees a new all-time high of US$140 to US$150 in the cards for oil.
"I feel very confident that we're in a multi-year bull market for oil. Energy stocks, despite the run, still in my opinion represent a generational opportunity due solely to energy ignorance — people frankly are clueless in terms of how oil is used and how long it's going to take to displace," he explained.
"We will all be consuming oil for the rest of our lifetimes, and yet that fear of peak demand is leading to a reality of peak supply. The writing is on the wall: We're heading towards an oil supply crisis."
Don't forget to follow us @INN_Resource for real-time updates!
Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.
Editorial Disclosure: The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in the interviews it conducts. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.stocks covid-19 small caps oil
Graphite Outlook 2022: Demand from Battery Segment to Remain High
Click here to read the previous graphite outlook. Graphite is an essential raw material used in electric vehicle (EV) batteries, and as sales of EVs grow, market watchers believe demand for the metal will surge. Despite discussions about battery chemistry
Click here to read the previous graphite outlook.
Graphite is an essential raw material used in electric vehicle (EV) batteries, and as sales of EVs grow, market watchers believe demand for the metal will surge.
Despite discussions about battery chemistry changes, many experts think graphite will remain a dominant element in EV batteries for at least the next decade. Both synthetic graphite and natural graphite, in the form of the intermediate product spherical graphite, are used in the anodes of lithium-ion batteries.
Here the Investing News Network (INN) looks at the key trends in the graphite market in 2021 and what the graphite outlook is for 2022.
Graphite trends 2021: Shipping and power cost challenges
After a tumultuous 2020 in which supply chains were put to the test as economies shut down due to the coronavirus pandemic, graphite kicked off 2021 on a bright note.
In early 2021, prices for natural flake graphite were slightly higher than expected as a result of unexpectedly strict environmental investigations and closures in China, Suzanne Shaw of Wood Mackenzie told INN back in July.
“There was also considerable shipping disruption early on in the year with containers and vessels not where they should be as routes reopened post-COVID,” she said. “Limited availability was prioritized for higher-value cargos, with lower-value raw materials flows disrupted. This situation subsided through Q2.”
Pricing was relatively flat during the first six months of 2021, according to Benchmark Mineral Intelligence data.
“Prices for +100 mesh flake concentrate, across all purities, have moved upward by around 5 to 10 percent year-to-date, while pricing for all other grades has moved less than 5 percent so far this year due to continued structural oversupply in the graphite market,” Miller told INN at the end of H1. “Moreover, the global shipping situation at the moment is hindering upward price pressure.”
Prices took a turn in August, jumping on the back of the energy crisis, which hit producers and disrupted output. Battery grades were particularly hit by rising power costs as both the manufacture of synthetic graphite and the processing of spherical graphite from natural flake are known for their high levels of energy consumption.
In terms of supply, Chinese production was expected to ramp up to meet rising domestic battery demand, as there is still a lot of overcapacity in China.
“However, the overall trend is that China is showing less appetite on the raw material side and investing in higher-value downstream industries rather than exploration/mining across most mineral sectors,” Shaw said at the end of H1. “It will continue to increase its own imports of flake graphite.”
Meanwhile, on the synthetic graphite front, the market could be driven into a deficit as a result of increasing demand from the lithium-ion battery and downstream EV sectors worldwide, Roskill, which was acquired by Wood Mackenzie, reported back in August.
“From a performance perspective, EV automakers prefer synthetic graphite, citing its superior fast charge turnaround and battery longevity,” a November Fastmarkets report reads. “Synthetic graphite, however, is costly, power intensive and environmentally unfriendly, with supply centered in China at odds with North American and European automakers’ desire for more localized supply.”
Graphite outlook 2022: What’s ahead
At the end of last year, analysts were expecting demand from the battery segment to continue to grow on the back of increased EV sales, with growth opportunities for both synthetic and natural graphite.
According to Benchmark Mineral Intelligence data, demand for natural graphite from the battery segment amounted to 400,000 tonnes in 2021, with that number expected to scale up to 3 million tonnes by 2030. Meanwhile, demand for synthetic graphite reached about 300,000 tonnes in 2021 and it’s expected to increase to 1.5 million tonnes by 2030.
“We do expect recycling to plug some of these gaps, but this isn't really likely to reach the necessary scale until post 2030,” Miller said in a December webinar. “So at the moment, the focus is really on synthesizing and mining this material as quickly as possible to meet the demand that we might see into the future.”
By volume, graphite is one of the most important elements in any electric vehicle battery ― there is between 50 and 100 kilograms of graphite, whether synthetic or natural, present within each vehicle.
“We can really see the sector growing progressively to around 15 times the demand we see today by 2030, outpacing moderate growth and demand from industrial applications,” Miller said.
That said, it's important to note that only certain types of natural graphite supply are relevant to and able to be qualified for the lithium-ion supply chain.
“This is really the biggest challenge in using natural graphite as a battery input,” Miller said. “This has the potential to exclude further capacity from projects in development.”
The expert explained that if all planned supply reached the market, it would have the potential to balance out demand up to 2029 to 2030, but with these limitations on which material can be qualified, the story takes a different direction.
“The primary limitation here is the mesh size inputs for the battery supply chain must be fine to medium flake,” Miller said, adding that consistency and high purity, somewhere around 94 to 95 percent carbon, is also key. “Flake graphite for the lithium ion supply chain must have low levels of impurity in order to avoid compromising the quality and longevity of the end product.”
According to Benchmark Mineral Intelligence, today, synthetic graphite anodes make up the majority of market share and approximately 57 percent of the anode market.
“Going forward, we do expect this to shift in the direction of natural graphite anodes to around a 50-50 balance for a multitude of reasons,” Miller said. His reasons include tight graphitization capacity, higher costs for synthetic graphite anode material and also the environmental shortcomings of the synthetic graphite supply chain at the moment.
Graphitization is the process of producing synthetic graphite from carbon-rich, oil-derived feedstock raw materials, and this process is energy intensive.
“In China, graphitization capacity has been mainly located in Inner Mongolia, a province which has some of the lowest energy costs in the country and where other high-energy metal producers, such as ferro-chrome smelters, are based,” Fastmarket reports. “But Inner Mongolia was the first in the firing line when the 2021 energy crisis unfolded.”
This resulted in reduced production and unpredictable cost increases for synthetic graphite, and the reason why many battery manufacturers in China could turn to natural graphite instead.
Looking ahead at how overall demand for graphite will perform, Benchmark Mineral Intelligence expects the battery segment to challenge industrial applications as the leading end-market for graphite demand. Over the next decade, anode demand will grow at an average of 27 percent compound annual growth rate (CAGR).
“Unlike some of the other critical mineral markets, there is still time for both the natural and synthetic graphite market deficits to be redressed — so long as adequate funding is provided for junior miners in the near term,” Miller said.
Commenting on price performance, Fastmarkets maintains the view that both flake and spherical graphite prices will trend stable to higher in the near term.
“The only potential reprieve we see for graphite prices would be if the power constraints diminish EV lithium-ion battery production, and in turn reduce demand for graphite anodes sufficiently to stem the upward pressure on graphite prices,” analysts said.
Another key trend for graphite investors to watch in the new year is how western automakers keep up with China, which has become the dominant player in all steps of the anode supply chain.
The ASX-listed company will process graphite from its Balama mine in Mozambique in its Louisiana plant, and will supply the EV maker with anode graphite material for an initial four year period. Tesla also has an option to offtake additional volume subject to Syrah expanding its capacity beyond 10,000 tonnes per year.
Don’t forget to follow us @INN_Resource for real-time updates!
Securities Disclosure: I, Priscila Barrera, hold no direct investment interest in any company mentioned in this article.
Editorial Disclosure: The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in the interviews it conducts. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.nasdaq pandemic coronavirus oil european china
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