Up and Coming Penny Stocks: Show Your Portfolio Some Aggressive Love
These up and coming penny stocks have the potential to make massive gains in the future. Keep reading for some of the best ones to buy now.
The post Up and Coming Penny Stocks: Show Your Portfolio Some Aggressive Love appeared first on Investment U.
These up and coming penny stocks are very speculative. And they could become aggressive additions to your portfolio. They vary in industry. But, they are all penny stocks. And they all have the potential to make massive gains in the future.
But, be careful about how you invest. That is, if you decide to invest in these.
Penny stocks are very risky. Don’t get me wrong, they could make an investor a lot of money. But, they involve an amount of risk that should be taken very seriously.
Always do your own due diligence on any investment. Especially speculative or aggressive ones. Learn about the company and industry before you buy in.
Take your time to research the company. Then, if it becomes something you still want to put money into, make a plan. Tell yourself how long you’re going to hold the stock for. And stick to that plan.
It helps a lot to give yourself a longer timeline. It takes away some of the emotional aspect of trading. But, whether you invest or trade (short term or long term), stick to your time commitment.
Below are some of the best up and coming penny stocks to check out now.
Best Up and Coming Penny Stocks
- Phunware Inc. (Nasdaq: PHUN)
- Exela Technologies Inc. (Nasdaq: XELA)
- TOMI Environmental Solutions Inc. (Nasdaq: TOMZ)
- Denison Mines Corp. (NYSE: DNN)
- Electrameccanica Vehicles Corp. (Nasdaq: SOLO)
Up and Coming Penny Stocks to Buy
No. 5 Phunware Inc.
Phunware is in the tech industry. With gross profit margins of over 52%, it’s easy to see why this would make investors money. A high-growth industry, cushy profits and still a young company. Plus, market cap is only about $213 million.
The company creates software for mobile devices. And, it’s also into blockchain.
Helping companies establish themselves, one of their offerings is rooted in crypto. It helps these brands create loyalty programs. So, the customers get rewarded via crypto.
This up and coming penny stock could grow very big with the crypto market. Especially with more and more companies seeking crypto integration for their business model.
No. 4 Exela Technologies Inc.
Exela Technologies is an up and coming penny stock that helps businesses automate. Finding new ways to scale is always a priority for any company. No matter what industry, all businesses seek to make more money.
Also, a fairly young business, Exela has a market cap of about $125 million. So, it’s still a baby.
In recent news, it announced a share buyback program. The stock followed this with a nice, big increase. This promise is for 100 million shares at up to $1 per share.
Exela conducts business with major global banks, healthcare companies and others.
No. 3 TOMI Environmental Solutions Inc.
This up and coming penny stock is one that caters to a variety of industries. And it does so on a global scale.
They provide a sterilizing system that puts mist into the air. So, the system should disinfect surfaces in seconds. And it does so without any residue. Plus, lag time is cut down immensely.
Since Covid has come out to play, humans has become much more aware of germs. And we are doing anything in our power to stay away from infectious diseases.
TOMI’s solution addresses COVID-19. But also, any other bacteria and disease we may need to extinguish in the future.
No. 2 Denison Mines Corp.
One industry that’ll probably get a lot of attention soon is uranium. Since many people are looking to greener alternatives, they are trying to ditch coal. And other forms of energy, like gas and oil. That doesn’t leave many other choices.
So, uranium becomes an attractive choice by default. Denison is an up and coming penny stock that’s a large producer of uranium. They own over 1,000 square miles in assets.
Plus, they operate out of Canada. And that’s great for the company and investors, too. Canada is one of the best countries for mining raw, natural resources.
And, you can find some of the world’s best natural resource companies thriving on the TSX.
Up and Coming Penny Stocks No. 1 Electrameccanica Vehicles Corp.
This up and coming penny stock has surprised a few stock analysts. The electric vehicle market keeps growing. More problems are being addressed. And more unique solutions are being created. In this case, a three-wheeled, electric car. And it’s meant for one person.
Electrameccanica aims to address the fact that most people drive alone in their car. The “modern driver” wants something small, affordable and electric.
This up and coming penny stock still has a nice, small market cap at under $250 million. This Canadian company is also very young. Founded in 2015, it listed on the stock exchange in 2017.
The post Up and Coming Penny Stocks: Show Your Portfolio Some Aggressive Love appeared first on Investment U.
nasdaq tsx stocks covid-19 blockchain crypto penny stocks crypto oilGovernment
Low Iron Levels In Blood Could Trigger Long COVID: Study
Low Iron Levels In Blood Could Trigger Long COVID: Study
Authored by Amie Dahnke via The Epoch Times (emphasis ours),
People with inadequate…
Authored by Amie Dahnke via The Epoch Times (emphasis ours),
People with inadequate iron levels in their blood due to a COVID-19 infection could be at greater risk of long COVID.
A new study indicates that problems with iron levels in the bloodstream likely trigger chronic inflammation and other conditions associated with the post-COVID phenomenon. The findings, published on March 1 in Nature Immunology, could offer new ways to treat or prevent the condition.
Long COVID Patients Have Low Iron Levels
Researchers at the University of Cambridge pinpointed low iron as a potential link to long-COVID symptoms thanks to a study they initiated shortly after the start of the pandemic. They recruited people who tested positive for the virus to provide blood samples for analysis over a year, which allowed the researchers to look for post-infection changes in the blood. The researchers looked at 214 samples and found that 45 percent of patients reported symptoms of long COVID that lasted between three and 10 months.
In analyzing the blood samples, the research team noticed that people experiencing long COVID had low iron levels, contributing to anemia and low red blood cell production, just two weeks after they were diagnosed with COVID-19. This was true for patients regardless of age, sex, or the initial severity of their infection.
According to one of the study co-authors, the removal of iron from the bloodstream is a natural process and defense mechanism of the body.
But it can jeopardize a person’s recovery.
“When the body has an infection, it responds by removing iron from the bloodstream. This protects us from potentially lethal bacteria that capture the iron in the bloodstream and grow rapidly. It’s an evolutionary response that redistributes iron in the body, and the blood plasma becomes an iron desert,” University of Oxford professor Hal Drakesmith said in a press release. “However, if this goes on for a long time, there is less iron for red blood cells, so oxygen is transported less efficiently affecting metabolism and energy production, and for white blood cells, which need iron to work properly. The protective mechanism ends up becoming a problem.”
The research team believes that consistently low iron levels could explain why individuals with long COVID continue to experience fatigue and difficulty exercising. As such, the researchers suggested iron supplementation to help regulate and prevent the often debilitating symptoms associated with long COVID.
“It isn’t necessarily the case that individuals don’t have enough iron in their body, it’s just that it’s trapped in the wrong place,” Aimee Hanson, a postdoctoral researcher at the University of Cambridge who worked on the study, said in the press release. “What we need is a way to remobilize the iron and pull it back into the bloodstream, where it becomes more useful to the red blood cells.”
The research team pointed out that iron supplementation isn’t always straightforward. Achieving the right level of iron varies from person to person. Too much iron can cause stomach issues, ranging from constipation, nausea, and abdominal pain to gastritis and gastric lesions.
1 in 5 Still Affected by Long COVID
COVID-19 has affected nearly 40 percent of Americans, with one in five of those still suffering from symptoms of long COVID, according to the U.S. Centers for Disease Control and Prevention (CDC). Long COVID is marked by health issues that continue at least four weeks after an individual was initially diagnosed with COVID-19. Symptoms can last for days, weeks, months, or years and may include fatigue, cough or chest pain, headache, brain fog, depression or anxiety, digestive issues, and joint or muscle pain.
Uncategorized
February Employment Situation
By Paul Gomme and Peter Rupert The establishment data from the BLS showed a 275,000 increase in payroll employment for February, outpacing the 230,000…
By Paul Gomme and Peter Rupert
The establishment data from the BLS showed a 275,000 increase in payroll employment for February, outpacing the 230,000 average over the previous 12 months. The payroll data for January and December were revised down by a total of 167,000. The private sector added 223,000 new jobs, the largest gain since May of last year.
Temporary help services employment continues a steep decline after a sharp post-pandemic rise.
Average hours of work increased from 34.2 to 34.3. The increase, along with the 223,000 private employment increase led to a hefty increase in total hours of 5.6% at an annualized rate, also the largest increase since May of last year.
The establishment report, once again, beat “expectations;” the WSJ survey of economists was 198,000. Other than the downward revisions, mentioned above, another bit of negative news was a smallish increase in wage growth, from $34.52 to $34.57.
The household survey shows that the labor force increased 150,000, a drop in employment of 184,000 and an increase in the number of unemployed persons of 334,000. The labor force participation rate held steady at 62.5, the employment to population ratio decreased from 60.2 to 60.1 and the unemployment rate increased from 3.66 to 3.86. Remember that the unemployment rate is the number of unemployed relative to the labor force (the number employed plus the number unemployed). Consequently, the unemployment rate can go up if the number of unemployed rises holding fixed the labor force, or if the labor force shrinks holding the number unemployed unchanged. An increase in the unemployment rate is not necessarily a bad thing: it may reflect a strong labor market drawing “marginally attached” individuals from outside the labor force. Indeed, there was a 96,000 decline in those workers.
Earlier in the week, the BLS announced JOLTS (Job Openings and Labor Turnover Survey) data for January. There isn’t much to report here as the job openings changed little at 8.9 million, the number of hires and total separations were little changed at 5.7 million and 5.3 million, respectively.
As has been the case for the last couple of years, the number of job openings remains higher than the number of unemployed persons.
Also earlier in the week the BLS announced that productivity increased 3.2% in the 4th quarter with output rising 3.5% and hours of work rising 0.3%.
The bottom line is that the labor market continues its surprisingly (to some) strong performance, once again proving stronger than many had expected. This strength makes it difficult to justify any interest rate cuts soon, particularly given the recent inflation spike.
unemployment pandemic unemploymentSpread & Containment
Another beloved brewery files Chapter 11 bankruptcy
The beer industry has been devastated by covid, changing tastes, and maybe fallout from the Bud Light scandal.
Before the covid pandemic, craft beer was having a moment. Most cities had multiple breweries and taprooms with some having so many that people put together the brewery version of a pub crawl.
It was a period where beer snobbery ruled the day and it was not uncommon to hear bar patrons discuss the makeup of the beer the beer they were drinking. This boom period always seemed destined for failure, or at least a retraction as many markets seemed to have more craft breweries than they could support.
Related: Fast-food chain closes more stores after Chapter 11 bankruptcy
The pandemic, however, hastened that downfall. Many of these local and regional craft breweries counted on in-person sales to drive their business.
And while many had local and regional distribution, selling through a third party comes with much lower margins. Direct sales drove their business and the pandemic forced many breweries to shut down their taprooms during the period where social distancing rules were in effect.
During those months the breweries still had rent and employees to pay while little money was coming in. That led to a number of popular beermakers including San Francisco's nationally-known Anchor Brewing as well as many regional favorites including Chicago’s Metropolitan Brewing, New Jersey’s Flying Fish, Denver’s Joyride Brewing, Tampa’s Zydeco Brew Werks, and Cleveland’s Terrestrial Brewing filing bankruptcy.
Some of these brands hope to survive, but others, including Anchor Brewing, fell into Chapter 7 liquidation. Now, another domino has fallen as a popular regional brewery has filed for Chapter 11 bankruptcy protection.
Covid is not the only reason for brewery bankruptcies
While covid deserves some of the blame for brewery failures, it's not the only reason why so many have filed for bankruptcy protection. Overall beer sales have fallen driven by younger people embracing non-alcoholic cocktails, and the rise in popularity of non-beer alcoholic offerings,
Beer sales have fallen to their lowest levels since 1999 and some industry analysts
"Sales declined by more than 5% in the first nine months of the year, dragged down not only by the backlash and boycotts against Anheuser-Busch-owned Bud Light but the changing habits of younger drinkers," according to data from Beer Marketer’s Insights published by the New York Post.
Bud Light parent Anheuser Busch InBev (BUD) faced massive boycotts after it partnered with transgender social media influencer Dylan Mulvaney. It was a very small partnership but it led to a right-wing backlash spurred on by Kid Rock, who posted a video on social media where he chastised the company before shooting up cases of Bud Light with an automatic weapon.
Another brewery files Chapter 11 bankruptcy
Gizmo Brew Works, which does business under the name Roth Brewing Company LLC, filed for Chapter 11 bankruptcy protection on March 8. In its filing, the company checked the box that indicates that its debts are less than $7.5 million and it chooses to proceed under Subchapter V of Chapter 11.
"Both small business and subchapter V cases are treated differently than a traditional chapter 11 case primarily due to accelerated deadlines and the speed with which the plan is confirmed," USCourts.gov explained.
Roth Brewing/Gizmo Brew Works shared that it has 50-99 creditors and assets $100,000 and $500,000. The filing noted that the company does expect to have funds available for unsecured creditors.
The popular brewery operates three taprooms and sells its beer to go at those locations.
"Join us at Gizmo Brew Works Craft Brewery and Taprooms located in Raleigh, Durham, and Chapel Hill, North Carolina. Find us for entertainment, live music, food trucks, beer specials, and most importantly, great-tasting craft beer by Gizmo Brew Works," the company shared on its website.
The company estimates that it has between $1 and $10 million in liabilities (a broad range as the bankruptcy form does not provide a space to be more specific).
Gizmo Brew Works/Roth Brewing did not share a reorganization or funding plan in its bankruptcy filing. An email request for comment sent through the company's contact page was not immediately returned.
bankruptcy pandemic social distancing
-
Uncategorized2 weeks ago
All Of The Elements Are In Place For An Economic Crisis Of Staggering Proportions
-
Uncategorized1 month ago
Cathie Wood sells a major tech stock (again)
-
Uncategorized3 weeks ago
California Counties Could Be Forced To Pay $300 Million To Cover COVID-Era Program
-
Uncategorized2 weeks ago
Apparel Retailer Express Moving Toward Bankruptcy
-
Uncategorized3 weeks ago
Industrial Production Decreased 0.1% in January
-
International1 day ago
Walmart launches clever answer to Target’s new membership program
-
Uncategorized3 weeks ago
RFK Jr: The Wuhan Cover-Up & The Rise Of The Biowarfare-Industrial Complex
-
Uncategorized3 weeks ago
GOP Efforts To Shore Up Election Security In Swing States Face Challenges