For the most part, penny stocks are a big proponent among many investors, and it’s easy to see why. Most of these stocks are trading at less than $5 per share of him, and when these stocks rise, investors can reap big returns on a small investment.
At the same time, however, finding penny stocks requires thorough research. In this article, we will briefly discuss the penny stocks that are worth a look at this point and have the potential to be hugely successful.
Real Brands Inc (OTCMKTS:RLBD)
Real Brands Inc. was the first to be listed in the OTC market. The company was formed through a merger with Canadian American Standard Hemp Inc. The merger was significant given that all processes were brought together under one roof, starting with industrial-scale hemp CBD extraction, processing, wholesale, and manufacturing. It was a big coup and the merger had already taken place in 2020.
Alltemp Inc (OTCMKTS:LTMP)
There was no news for Alltemp Inc on Friday, but the stock was in the midst of a strong rally, ending the day up as much as 52%. However, it can be a good time to consider the company’s business. Alltemp develops, markets, and sells commercial refrigerants for both residential and commercial markets. Technologies developed by Alltemp are offered worldwide to provide an environmentally friendly alternative. It will be interesting to see if the stock can continue to perform well today.
El Capitan Precious Metals Inc (OTCMKTS:ECPN)
Shares of El Capitan Precious Metals Inc proved to be one of the biggest moves of the week, gaining 10% on Friday. As a result, the stock has risen by up to 82% over the past week. But there was no news about a company that could lead to such price increases, which is involved in the extraction of precious metals and other materials. Founded in 2022, it was based in Prescott, Arizona. It remains to be seen whether the stock can contribute to today’s price gains.
Tiger Oil and Energy Inc (OTCMKTS:TGRO) –
There was no news at all for Tiger Oil and Energy Inc on Friday, but that didn’t stop investors from piling up the stock and sending it soaring as much as 100%. The Company is engaged in the exploration and production of oil and natural gas in the United States. The company was formerly known as UTEC Inc but changed to its current name in 2010.
Gaensel Energy Group Inc (OTCMKTS:GEGR)
The latest company to make the list is Gaensel Energy Group Inc, which actually made the news last Friday. The diversified holding company has announced that Metro VR Studious has successfully determined its first list of VR and PCVR titles to launch in 2023.