3 Penny Stocks To Put On Your Radar! Penny Stocks With Big News! Watching Close!
My Links for More $$$ 💸 Get $10 of Free Bitcoin Here https://www.coinbase.com/join/wilson_45f 💸 FABRIC for Wills, 529 Plans, and Life Insurance: https://imp.i200065.net/9WWbX5 💸 Lower Your Bills and SAVE MONEY with BillShark: https://imp.i139049.net/qnnygL 💸 How I invest in Real Estate with little money: https://fundrise.sjv.io/MXXDKM 💸 Protect Your Assets and Identity! https://identityguard.y8uw.net/WDDKLM 💸 “Stock Whispers” https://t.me/SWReferralBot?start=invf... 💸 My Savings Account - Yotta Savings Account! Use code Adam94 for free tickets! ⌨️ Subscribe to my Patreon / adambrokemanfinance ⌨️ Broke Man Finance Discord: / discord My “Best-Sellers” 🕮 “Tactical Reload” Book & Audio Book https://amzn.to/39ZIhTs 🕮 “Typo: What the Media Gets Right About Policing” Book Only https://amzn.to/39f2vcQ Business Inquires: [email protected] Disclaimer: None of the information in this video should be considered as advice. This video was made for entertainment purposes only. First on the list is Naked Brands, ticker symbol NAKD. Right now, at the time of this filming, Naked is trading for approximately .69. A far cry from their all time highs of over $600 per share. Now do they deserve to be over $600 a share? NO, but they do not deserve to be under $1. This is not a sub dollar stock in my opinion. Over the past 52 weeks, Naked has seen a high of $3.50 a share all the way down to .07. 2020 was hard on all retail. Even though Naked saw significant increases in revenue since 2018, they are still not profitable. Naked and their share holders made a decision recently to get out of the brick-and-mortar stores and focus on e-commerce. If anything, good came out of 2020, it was the evolution of how we do retail. Naked Brands earnings will be released on May 14th. If it bears optimistic news, we could see a pop in that share price. This new e-commerce strategy will bode well for future earnings and we could be looking at a great price right now. #2 on the list saw their share price jumped up 16% at one point last Thursday after announcing some better than expected first quarter results. Now this one is a little higher in share price but remember anything under $5 is technically considered a penny stock. I am talking about Nokia, ticker symbol NOK. Now hear me out because they are crushing it right now. They are currently trading just under that $5 window at $4.69 and people are getting more bullish on this stock. No this has nothing to do with Reddit or the Wall St. Bets crowd, this jump was purely off the wins the company is getting. Gross Margin’s were up, new customer additions were up, Net sales were up. Nokia's comparable net profit increased more than 11-fold to $455 million. That was well above analysts' estimates. They are still looked at as that old cell phone company, but they have moved way past that. A study published this month by independent analyst firm, PA Consulting, ranked Nokia as the world’s top company for ownership of granted patents related to 5G. Analysts believe the Nordic company has also benefited from western countries banning 5G networks built by Chinese firms, because of the security risk it poses. Nokia will be a big player in this space for years to come. As they continue to be one of the biggest players in the 5G space, they will eventually shake off that damn cell phone. The average retail investor, when they see Nokia believe they are still just selling crappy cell phones. If you’re looking for a long term 5G play here, at a decent price. Nokia may sit nicely in your portfolio. Last on the list but not least is one of my most speculative plays. I am talking about Zomedica, ticker symbol ZOM. It got memeish there for a while and has since come back to reality. They are now trading for around the dollar mark. But this could end being a great play for the future. The overall pet market, pet health, and pet diagnostic market is growing year after year and is an industry I am very bullish on. Recently Zomedica had some issues with the distributor of Zomedica’s highly anticipated product, Tru-forma. Now they are moving forward with their in-house sales team a little sooner than anticipated. In the short-term, until they get these folks hired, trained, and relationships built, it will likely effect sales numbers, but in the long term, this is exactly what they need to do. Having an inside sales team will incentivize the sale of Tru-Forma. How much incentive did the distributor have to really push their product when they have numerous other products? Zomedica has some other products that will be coming out hopefully early 2022 that could address some very common issues in our pets. #pennystocks #pennystockstobuy #robinhoodpennystocks
