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Top Penny Stocks to Buy Right Now? Check These 3 Out in 2022

Here’s three penny stocks to add to your watchlist right now
The post Top Penny Stocks to Buy Right Now? Check These 3 Out in 2022 appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.

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3 Penny Stocks to Add to Your 2022 Watchlist 

If you’re looking to make a penny stocks watchlist, there are plenty of factors to consider. As always, understanding what is going on in the economy and how to take advantage, will be a major asset to trading penny stocks. One of the major factors for investors to consider today is Fed Chair Jerome Powell’s testimony in front of the Senate. 

[Read More] Why Investors Are Watching These Penny Stocks This Week

This is part of the re-confirmation process for the Chair, and Powell will discuss policies that could affect the economy moving forward. If we look from a broader perspective, we see that the bulk of movement right now is centered around Covid and the Omicron variant. While it is hard to say with certainty what will happen with Covid in the coming months, we do know that investors expect case numbers to begin falling in that time. 

But, the lasting effects of the pandemic such as inflation and employment, will continue to pose a threat to the stock market. In relation to penny stocks, it’s important to consider how markets are moving and how to take advantage. This can be done with a consistent understanding of how to trade and what industries could be affected moving forward. With that in mind, let’s take a look at three top penny stocks to add to your watchlist right now. 

3 Penny Stocks top Watch in January 2022

  1. Splash Beverage Group Inc. (NYSE: SBEV
  2. Farmmi Inc. (NASDAQ: FAMI
  3. Meten Holding Group Inc. (NASDAQ: METX

Splash Beverage Group Inc. (NYSE: SBEV) 

One of the largest gainers of the day so far is SBEV stock, which shot up by over 50% at midday. This is a sizable uptick and comes alongside big news for the company. While many gains like this can occur without reason, it’s important to deduce answers when a stock climbs this substantially. Today, Splash Beverage announced that it received authorization to put its beverage TapouT in Walmart stores in Florida. 

“We are thrilled with this Walmart authorization, and this is a wonderful way to start 2022. Walmart is extremely selective in the brands they choose to offer their shoppers and selecting TapouT is great validation that TapouT can compete at the highest level with the biggest global brands. We are grateful to Walmart for the opportunity, and equally grateful to our distribution partner AB One and the Anheuser Busch network.” 

The CEO of Splash Beverage, Robert Nistico

With the beverage industry, the largest factor to growth will always be distribution. And as a result of this authorization, SBEV has another channel for distributing its products in a widespread manner. While the full effects of this likely won’t be felt for some time, this is without a doubt an exciting prospect. Considering that, do you think that SBEV is worth adding to your list of penny stocks to watch?

Farmmi Inc. (NASDAQ: FAMI) 

Another decent gainer during trading today is FAMI stock, pushing up by over 4.8% at midday. In the past month, shares of FAMI have climbed by around 9.5%, which is no small feat. Before we get into it any further, it’s crucial to consider that FAMI stock is highly volatile. Because of its low price and the rate at which it puts out news, shares of Farmmi Inc. can move very frequently and in large amounts. 

[Read More] 3 Reddit Penny Stocks For Your Watch List In January 2022

If you’re not familiar, Farmmi is a producer of a large range of agricultural products. These products consist of edible Fungi such as Mu Er mushrooms, Shiitake mushrooms and so on. Based in China, Farmmi exports these products around the world to countries such as Israel, and many across Europe. Only a week ago, the company announced that it received a municipal-level agricultural leading enterprise designation and monetary award from the Chinese government. 

“We are honored to receive this important Government’ designation. Farmmi has invested significantly in our core agriculture business, helping to create meaningful jobs and benefitting local economies along the way, as we built out our supply chain, storage, processing and logistics capabilities.” 

The CEO of Farmmi, Ms. Yefang Zhang

This is great news for the company and should help it significantly in the near future. Whether this makes FAMI stock worth buying however, is up to you. 

Penny_Stocks_to_Watch_Farmmi Inc. (FAMI Stock Chart)

Meten Holding Group Inc. (NASDAQ: METX) 

While Meten’s 2.4% gain today is nothing to write home about, we have seen a small bullish streak with the company in the past few trading sessions. Now, shares of METX stock are seeing higher volume today following an exciting announcement from the company. 

Early in premarket, Meten announced that it has begun preliminary trial operations for its cryptocurrency mining business in Pennsylvania. This comes alongside its previously announced strategic partnership with AGM Group Holdings Inc. now, the company states that its miners should be fully operational by the end of this month. If you’re not familiar with this deal, the company states that AGMH has already delivered 1,335 Bitcoin mining machines. 

Now, it plans to increase its computing power capacity to 135P. While Bitcoin has seen a bearish past week or so, many investors still believe in the long term bullish future of the cryptocurrency. And for this reason, this deal could be worth considering. So, do you think that METX is worth adding to your penny stocks watchlist this month?

Penny_Stocks_to_Watch_Meten Holding Group (METX Stock Chart)

Which Penny Stocks Are You Buying Right Now 

If you’re looking to find the best penny stocks to buy, there are hundreds of options to choose from. While it can seem like a daunting task to pick just a handful for your watchlist, knowing what is going on in the stock market and the world can be a great place to start. Because penny stocks are so volatile, having a consistent understanding of how penny stocks are moving will be a major benefit to your investing. 

[Read More] Short Squeeze Penny Stocks To Buy Now? 4 To Watch Under $5

In addition, knowing how to trade penny stocks, will contribute greatly to you taking advantage of the current state of the market. Right now, the largest impact continues to be the Omicron variant of Covid. However, we also have economic factors to consider such as Powell’s testimony today and long term inflation. With all of this in mind, which penny stocks are you buying right now?


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The post Top Penny Stocks to Buy Right Now? Check These 3 Out in 2022 appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.

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Economics

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.

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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.

taylor wimpey plc

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.

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Stocks

VIDEO — Eric Nuttall: Oil in Multi-year Bull Market, Supply Crisis Coming

Eric Nuttall: Oil in Multi-year Bull Market, Supply Crisis Coming

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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…

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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.

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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

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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.

Interestingly, before 2021 came to an end, US-based Tesla (NASDAQ:TSLA) made a move to secure graphite supply from top graphite producer Syrah Resources (ASX:SYR).

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.

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