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Top Penny Stocks to Buy? Why These Robinhood Small-Caps Are Popular

Robinhood penny stocks are booming as AMC brings more attention to small-caps
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4 Top Penny Stocks to Watch in 2021

Penny stocks have been on a tear so far in 2021. While the past two months or so of trading have been up and down, overall sentiment remains bullish. Considering that June is a new month, those investing in penny stocks are excited for a clean slate. And, with so many penny stocks on Robinhood showing potential, it seems like the summer could be an interesting time to find penny stocks to watch. 

Now, when it comes to Robinhood penny stocks, we have to consider that they tend to be more volatile than most. This is due to a lot of different factors including social media, and the general fluctuations of penny stocks overall.

[Read More] 4 Reopening Penny Stocks For Your 2021 Watchlist

And, we also can look at the rise of AMC Entertainment Holdings Inc. (NYSE: AMC), in the past few days. Now, consider that 2021 has also been a wild year with the pandemic in the background and fears of long term inflation all around. 

So, with all of this in mind, finding penny stocks in 2021 can be a challenge if you don’t know where to look. But, with the proper trading education and a commitment to research, making a solid penny stocks watchlist can be easy. With all of this in mind, let’s take a look at 4 top penny stocks to watch that are popular on Robinhood right now. 

4 Popular Robinhood Penny Stocks to Watch 

  1. Ashford Hospitality Trust Inc. (NYSE: AHT
  2. U.S. Well Services Inc. (NASDAQ: USWS
  3. Luokung Technology Corp. (NASDAQ: LKCO
  4. Ebang International Holdings Inc. (NASDAQ: EBON

1. Ashford Hospitality Trust Inc. (NYSE: AHT)

The real estate market has taken a turn for the best in the last year. Houses, apartments, and other types of property are skyrocketing in value right before everyone’s eyes. This has given investors a lot of opportunities to find valuable REITs benefitting from this move. If you do not know what a REIT is, the term stands for a “Real Estate Investment Trust”.

Ashford in particular operates in the hospitality industry, more specifically with upscale hotels. In a recent presentation, the company showed its short and long term plans to grow its business.

Ashford Hospitality Trust also came out with its first quarter financials report in early May. It seems like the real estate comeback occurring right now is a major plus for AHT. In addition, its stance in the hospitality industry could benefit greatly from increased travel and decreased Covid cases. 

One month ago, AHT stock was at nearly half of its current price. While shares of AHT stock have been quite volatile since then, the majority of the sentiment remains positive. In the last 5 days AHT stock has gone from $3.05 a share to $4.05 a share on average. This near 33% increase is showing that Ashford could have a lot of potential as a reopening penny stock, with Covid cases hitting new lows. With this in mind, will you add AHT to your list of penny stocks to watch?

2. U.S. Well Services Inc. (NASDAQ: USWS)

Energy penny stocks like U.S. Well Services Inc. are performing well in the market at the moment. While U.S. Well Services is not a pure-play oil company, in that it doesn’t produce oil, it does have a major role in the energy market. U.S. Well Services is an oilfield service company that provides hydraulic fracturing services to oil and gas companies. Generally, its services are provided to exploration and production-based companies.

There are a few recent announcements that are driving USWS momentum. On May 18th, the company announced a partnership with Northeast Natural Energy for its Clean Fleet Trial. Joel Broussard, the CEO of U.S. Well Services said, “We believe our Clean Fleet® provides unrivaled benefits to our customers in the form of reduced completion costs due to fuel cost savings, lower greenhouse gas emissions, reduced noise pollution and enhanced safety.”

Then on May 24th the company announced its move towards the full electrification of its portfolio. It expects to have exited the diesel frac market by the end of the fourth quarter of 2021. This would make it the first publicly pure-play electric completions services provider. This significantly lowers emissions and sound pollution.

U.S. Well Services has now entered a definitive agreement to divest much of its diesel powered hydraulic fracturing equipment to a viable buyer for net proceeds of $21 million. The company expects to make more than $100 million in cash from asset divestments. These net proceeds will be used to reduce its outstanding debt and fund general and corporate needs. 

Considering these announcements caused USWS stock to move past $1 per share and even higher, it seems to be a positive move for the company. Investors are always interested in companies that are. Switching to sustainable energy. With this in mind, is USWS on your penny stock watchlist for June?

Penny_Stocks_to_Watch_U.S. Well Services Inc. (USWS Stock Chart)

3. Luokung Technology Corp. (NASDAQ: LKCO)

Luokung Technology Corp. is a tech penny stock based out of China. It provides location-based services and mobile app products for long distance travelers. Its Luokung application is a content and service distribution platform.

This allows people to access information, entertainment, travel, e-commerce, and much more when it comes to marketing. The company offers SDKs and software as well for developers.

[Read More] 5 Penny Stocks on Reddit For Your June 2021 Watchlist

Recently LKCO managed to avoid becoming de-listed from the NASDAQ exchange after meeting the minimum bid requirement. Since this was announced, shares of LKCO have been moving up in value. This makes sense as avoiding de-listing is always a major positive for any company. 

This was then followed by the filing of its annual report on Form 20-F for the year ended December 31st, 2020. In the last day LKCO stock has gone from $1.16 a share to $1.49 a share on average. With all of this information in mind, is LKCO stock on your watchlist this month?

Penny_Stocks_to_Watch_Luokung Technology Corp. (LKCO Stock Chart)

4. Ebang International Holdings Inc. (NASDAQ: EBON)

Tech penny stocks have been very popular in 2021, and Ebang International Holdings is among the growing popularity of the industry. Along with the tech market, companies involved with blockchain have also been performing well due to the increase in popularity of both crypto and blockchain technology.

This is where Ebang International Holdings comes in. EBON is a company that manufactures Bitcoin mining machines. It engages in the development, research, and design of these products. In addition to this, Ebang provides mining machine hosting services to let customers operate mining machines remotely.

On May 28th, the company released a new statement about changes in the regulatory landscape in China and the impact of that on the company. Recently China’s central government intensified a crackdown on bitcoin mining and trading.

The company was quick to say that this crackdown has no direct or immediate impact on the corporation. Since the company only operates overseas mining farms, the recent crackdown in China does not have a major effect on Ebang.

In the last five days EBON stock company has gone from about $2.50 per share to more than $2.89 per share. When talking about penny stocks, these types of gains can be significant. It seems like investors have a lot of interest in EBON right now, although its trading volume is now lower than its recent average. Keeping this info in mind, will you be adding EBON to your list of penny stocks to watch?

Penny_Stocks_to_Watch_Ebang International Holdings Inc. (EBON Stock Chart)

Which Robinhood Penny Stocks Are On Your Watchlist?

Making a list of the best penny stocks to buy can be a challenge. But, in June 2021, there are hundreds of options for investors to choose from. These penny stocks range from tech to blockchain and many more.

[Read More] Best Penny Stocks To Buy Now? 3 Reddit Stocks To Watch After AMC Pop

But because these industries are all so different, investors need to understand the trajectory of each one. This means doing research, and creating a watchlist based off of the information that you find. Considering all of this, which Robinhood penny stocks are on your list of penny stocks to watch?

The post Top Penny Stocks to Buy? Why These Robinhood Small-Caps Are Popular appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.

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International

The next pandemic? It’s already here for Earth’s wildlife

Bird flu is decimating species already threatened by climate change and habitat loss.

I am a conservation biologist who studies emerging infectious diseases. When people ask me what I think the next pandemic will be I often say that we are in the midst of one – it’s just afflicting a great many species more than ours.

I am referring to the highly pathogenic strain of avian influenza H5N1 (HPAI H5N1), otherwise known as bird flu, which has killed millions of birds and unknown numbers of mammals, particularly during the past three years.

This is the strain that emerged in domestic geese in China in 1997 and quickly jumped to humans in south-east Asia with a mortality rate of around 40-50%. My research group encountered the virus when it killed a mammal, an endangered Owston’s palm civet, in a captive breeding programme in Cuc Phuong National Park Vietnam in 2005.

How these animals caught bird flu was never confirmed. Their diet is mainly earthworms, so they had not been infected by eating diseased poultry like many captive tigers in the region.

This discovery prompted us to collate all confirmed reports of fatal infection with bird flu to assess just how broad a threat to wildlife this virus might pose.

This is how a newly discovered virus in Chinese poultry came to threaten so much of the world’s biodiversity.

H5N1 originated on a Chinese poultry farm in 1997. ChameleonsEye/Shutterstock

The first signs

Until December 2005, most confirmed infections had been found in a few zoos and rescue centres in Thailand and Cambodia. Our analysis in 2006 showed that nearly half (48%) of all the different groups of birds (known to taxonomists as “orders”) contained a species in which a fatal infection of bird flu had been reported. These 13 orders comprised 84% of all bird species.

We reasoned 20 years ago that the strains of H5N1 circulating were probably highly pathogenic to all bird orders. We also showed that the list of confirmed infected species included those that were globally threatened and that important habitats, such as Vietnam’s Mekong delta, lay close to reported poultry outbreaks.

Mammals known to be susceptible to bird flu during the early 2000s included primates, rodents, pigs and rabbits. Large carnivores such as Bengal tigers and clouded leopards were reported to have been killed, as well as domestic cats.

Our 2006 paper showed the ease with which this virus crossed species barriers and suggested it might one day produce a pandemic-scale threat to global biodiversity.

Unfortunately, our warnings were correct.

A roving sickness

Two decades on, bird flu is killing species from the high Arctic to mainland Antarctica.

In the past couple of years, bird flu has spread rapidly across Europe and infiltrated North and South America, killing millions of poultry and a variety of bird and mammal species. A recent paper found that 26 countries have reported at least 48 mammal species that have died from the virus since 2020, when the latest increase in reported infections started.

Not even the ocean is safe. Since 2020, 13 species of aquatic mammal have succumbed, including American sea lions, porpoises and dolphins, often dying in their thousands in South America. A wide range of scavenging and predatory mammals that live on land are now also confirmed to be susceptible, including mountain lions, lynx, brown, black and polar bears.

The UK alone has lost over 75% of its great skuas and seen a 25% decline in northern gannets. Recent declines in sandwich terns (35%) and common terns (42%) were also largely driven by the virus.

Scientists haven’t managed to completely sequence the virus in all affected species. Research and continuous surveillance could tell us how adaptable it ultimately becomes, and whether it can jump to even more species. We know it can already infect humans – one or more genetic mutations may make it more infectious.

At the crossroads

Between January 1 2003 and December 21 2023, 882 cases of human infection with the H5N1 virus were reported from 23 countries, of which 461 (52%) were fatal.

Of these fatal cases, more than half were in Vietnam, China, Cambodia and Laos. Poultry-to-human infections were first recorded in Cambodia in December 2003. Intermittent cases were reported until 2014, followed by a gap until 2023, yielding 41 deaths from 64 cases. The subtype of H5N1 virus responsible has been detected in poultry in Cambodia since 2014. In the early 2000s, the H5N1 virus circulating had a high human mortality rate, so it is worrying that we are now starting to see people dying after contact with poultry again.

It’s not just H5 subtypes of bird flu that concern humans. The H10N1 virus was originally isolated from wild birds in South Korea, but has also been reported in samples from China and Mongolia.

Recent research found that these particular virus subtypes may be able to jump to humans after they were found to be pathogenic in laboratory mice and ferrets. The first person who was confirmed to be infected with H10N5 died in China on January 27 2024, but this patient was also suffering from seasonal flu (H3N2). They had been exposed to live poultry which also tested positive for H10N5.

Species already threatened with extinction are among those which have died due to bird flu in the past three years. The first deaths from the virus in mainland Antarctica have just been confirmed in skuas, highlighting a looming threat to penguin colonies whose eggs and chicks skuas prey on. Humboldt penguins have already been killed by the virus in Chile.

A colony of king penguins.
Remote penguin colonies are already threatened by climate change. AndreAnita/Shutterstock

How can we stem this tsunami of H5N1 and other avian influenzas? Completely overhaul poultry production on a global scale. Make farms self-sufficient in rearing eggs and chicks instead of exporting them internationally. The trend towards megafarms containing over a million birds must be stopped in its tracks.

To prevent the worst outcomes for this virus, we must revisit its primary source: the incubator of intensive poultry farms.

Diana Bell does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

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NY Fed Finds Medium, Long-Term Inflation Expectations Jump Amid Surge In Stock Market Optimism

NY Fed Finds Medium, Long-Term Inflation Expectations Jump Amid Surge In Stock Market Optimism

One month after the inflation outlook tracked…

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NY Fed Finds Medium, Long-Term Inflation Expectations Jump Amid Surge In Stock Market Optimism

One month after the inflation outlook tracked by the NY Fed Consumer Survey extended their late 2023 slide, with 3Y inflation expectations in January sliding to a record low 2.4% (from 2.6% in December), even as 1 and 5Y inflation forecasts remained flat, moments ago the NY Fed reported that in February there was a sharp rebound in longer-term inflation expectations, rising to 2.7% from 2.4% at the three-year ahead horizon, and jumping to 2.9% from 2.5% at the five-year ahead horizon, while the 1Y inflation outlook was flat for the 3rd month in a row, stuck at 3.0%. 

The increases in both the three-year ahead and five-year ahead measures were most pronounced for respondents with at most high school degrees (in other words, the "really smart folks" are expecting deflation soon). The survey’s measure of disagreement across respondents (the difference between the 75th and 25th percentile of inflation expectations) decreased at all horizons, while the median inflation uncertainty—or the uncertainty expressed regarding future inflation outcomes—declined at the one- and three-year ahead horizons and remained unchanged at the five-year ahead horizon.

Going down the survey, we find that the median year-ahead expected price changes increased by 0.1 percentage point to 4.3% for gas; decreased by 1.8 percentage points to 6.8% for the cost of medical care (its lowest reading since September 2020); decreased by 0.1 percentage point to 5.8% for the cost of a college education; and surprisingly decreased by 0.3 percentage point for rent to 6.1% (its lowest reading since December 2020), and remained flat for food at 4.9%.

We find the rent expectations surprising because it is happening just asking rents are rising across the country.

At the same time as consumers erroneously saw sharply lower rents, median home price growth expectations remained unchanged for the fifth consecutive month at 3.0%.

Turning to the labor market, the survey found that the average perceived likelihood of voluntary and involuntary job separations increased, while the perceived likelihood of finding a job (in the event of a job loss) declined. "The mean probability of leaving one’s job voluntarily in the next 12 months also increased, by 1.8 percentage points to 19.5%."

Mean unemployment expectations - or the mean probability that the U.S. unemployment rate will be higher one year from now - decreased by 1.1 percentage points to 36.1%, the lowest reading since February 2022. Additionally, the median one-year-ahead expected earnings growth was unchanged at 2.8%, remaining slightly below its 12-month trailing average of 2.9%.

Turning to household finance, we find the following:

  • The median expected growth in household income remained unchanged at 3.1%. The series has been moving within a narrow range of 2.9% to 3.3% since January 2023, and remains above the February 2020 pre-pandemic level of 2.7%.
  • Median household spending growth expectations increased by 0.2 percentage point to 5.2%. The increase was driven by respondents with a high school degree or less.
  • Median year-ahead expected growth in government debt increased to 9.3% from 8.9%.
  • The mean perceived probability that the average interest rate on saving accounts will be higher in 12 months increased by 0.6 percentage point to 26.1%, remaining below its 12-month trailing average of 30%.
  • Perceptions about households’ current financial situations deteriorated somewhat with fewer respondents reporting being better off than a year ago. Year-ahead expectations also deteriorated marginally with a smaller share of respondents expecting to be better off and a slightly larger share of respondents expecting to be worse off a year from now.
  • The mean perceived probability that U.S. stock prices will be higher 12 months from now increased by 1.4 percentage point to 38.9%.
  • At the same time, perceptions and expectations about credit access turned less optimistic: "Perceptions of credit access compared to a year ago deteriorated with a larger share of respondents reporting tighter conditions and a smaller share reporting looser conditions compared to a year ago."

Also, a smaller percentage of consumers, 11.45% vs 12.14% in prior month, expect to not be able to make minimum debt payment over the next three months

Last, and perhaps most humorous, is the now traditional cognitive dissonance one observes with these polls, because at a time when long-term inflation expectations jumped, which clearly suggests that financial conditions will need to be tightened, the number of respondents expecting higher stock prices one year from today jumped to the highest since November 2021... which incidentally is just when the market topped out during the last cycle before suffering a painful bear market.

Tyler Durden Mon, 03/11/2024 - 12:40

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Spread & Containment

A major cruise line is testing a monthly subscription service

The Cruise Scarlet Summer Season Pass was designed with remote workers in mind.

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While going on a cruise once meant disconnecting from the world when between ports because any WiFi available aboard was glitchy and expensive, advances in technology over the last decade have enabled millions to not only stay in touch with home but even work remotely.

With such remote workers and digital nomads in mind, Virgin Voyages has designed a monthly pass that gives those who want to work from the seas a WFH setup on its Scarlet Lady ship — while the latter acronym usually means "work from home," the cruise line is advertising as "work from the helm.”

Related: Royal Caribbean shares a warning with passengers

"Inspired by Richard Branson's belief and track record that brilliant work is best paired with a hearty dose of fun, we're welcoming Sailors on board Scarlet Lady for a full month to help them achieve that perfect work-life balance," Virgin Voyages said in announcing its new promotion. "Take a vacation away from your monotonous work-from-home set up (sorry, but…not sorry) and start taking calls from your private balcony overlooking the Mediterranean sea."

A man looks through his phone while sitting in a hot tub on a cruise ship.

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This is how much it'll cost you to work from a cruise ship for a month

While the single most important feature for successful work at sea — WiFi — is already available for free on Virgin cruises, the new Scarlet Summer Season Pass includes a faster connection, a $10 daily coffee credit, access to a private rooftop, and other member-only areas as well as wash and fold laundry service that Virgin advertises as a perk that will allow one to concentrate on work

More Travel:

The pass starts at $9,990 for a two-guest cabin and is available for four monthlong cruises departing in June, July, August, and September — each departs from ports such as Barcelona, Marseille, and Palma de Mallorca and spends four weeks touring around the Mediterranean.

Longer cruises are becoming more common, here's why

The new pass is essentially a version of an upgraded cruise package with additional perks but is specifically tailored to those who plan on working from the ship as an opportunity to market to them.

"Stay connected to your work with the fastest at-sea internet in the biz when you want and log-off to let the exquisite landscape of the Mediterranean inspire you when you need," reads the promotional material for the pass.

Amid the rise of remote work post-pandemic, cruise lines have been seeing growing interest in longer journeys in which many of the passengers not just vacation in the traditional sense but work from a mobile office.

In 2023, Turkish cruise line operator Miray even started selling cabins on a three-year tour around the world but the endeavor hit the rocks after one of the engineers declared the MV Gemini ship the company planned to use for the journey "unseaworthy" and the cruise ship line dealt with a PR scandal that ultimately sank the project before it could take off.

While three years at sea would have set a record as the longest cruise journey on the market, companies such as Royal Caribbean  (RCL) (both with its namesake brand and its Celebrity Cruises line) have been offering increasingly long cruises that serve as many people’s temporary homes and cross through multiple continents.

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