Top 5 Penny Stocks To Buy For 2019

With lists of more than 200 marijuana stocks to invest in floating around the Internet, finding the right marijuana penny stock to watch is difficult. But finding the right stock can double your money, just like when Canopy Growth Corp. (OTCMKTS: TWMJF) surged 140.09% over the last year.

We’ve done the hard work of combing through all available marijuana penny stocks to find one worth your attention, and we’ll reveal it in just a bit.

Now, it’s true most pot stocks are penny stocks, which are notorious for wild price swings. The volatility causes a lot of investors to buy high and sell low, which will always lose your hard-earned money.

Top 5 Penny Stocks To Buy For 2019: Transocean Inc.(RIG)

Advisors’ Opinion:

  • [By Ethan Ryder]

    An issue of Transocean LTD (NYSE:RIG) debt fell 2.8% as a percentage of its face value during trading on Thursday. The high-yield debt issue has a 6.8% coupon and will mature on March 15, 2038. The bonds in the issue are now trading at $82.13 and were trading at $84.00 one week ago. Price changes in a company’s debt in credit markets often predict parallel changes in its stock price.

  • [By Ethan Ryder]

    D.B. Root & Company LLC acquired a new position in shares of Transocean (NYSE:RIG) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 30,040 shares of the offshore drilling services provider’s stock, valued at approximately $297,000.

  • [By Jason Hall and Tyler Crowe]

    In this week’s episode of Industry Focus: Energy, host Nick Sciple, together with Jason Hall and Tyler Crowe, explain how offshore companies work, where the industry is today, and what investors should watch with these companies. Tune in to learn what sets Transocean (NYSE:RIG), Diamond Offshore (NYSE:DO), Seadrill (NYSE:SDRL), and Ensco (NYSE:ESV) apart from each other, what kind of risk/reward profile each company has to offer, some critical points and trends investors need to know before diving into offshore, and much more.

  • [By Logan Wallace]

    American International Group Inc. grew its position in shares of Transocean LTD (NYSE:RIG) by 7.7% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 872,019 shares of the offshore drilling services provider’s stock after buying an additional 62,611 shares during the quarter. American International Group Inc.’s holdings in Transocean were worth $8,633,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

  • [By Jason Hall]

    Frankly, today’s big drop shouldn’t be a surprise for anyone. The company told us many months ago that common equity investors would only retain 2% — at most — of the company when it completed its bankruptcy proceedings, yet investors continued to pay a price for its stock that, at one point, would have made Seadrill worth nearly as much as competitors Transocean (NYSE:RIG), Diamond Offshore (NYSE:DO), and Noble Corporation (NYSE:NE) combined. But a relatively steady decline in the share price, combined with today’s big drop, seems to be finally putting Seadrill more in line with its peers. 

  • [By Jason Hall]

    On June 27, shares of Seadrill Ltd (NYSE:SDRL), Diamond Offshore Drilling Inc (NYSE:DO), and Ensco PLC (NYSE:ESV) traded up more than 10% at various points. And while they’ve cooled off a bit — up 9.9%, 10.3%, and 8.9%, respectively, at recent prices — they continue to march toward today’s close with big gains. And while not quite as much as the three aforementioned companies, shares of Transocean LTD (NYSE:RIG) and Noble Corporation PLC (NYSE:NE) are showing big days as well, up 6.4% and 7.2% in late-afternoon trading. 

Top 5 Penny Stocks To Buy For 2019: Jinpan International Limited(JST)

Advisors’ Opinion:

  • [By Joseph Griffin]

    Warburg Research set a €47.00 ($55.95) price target on JOST Werke (ETR:JST) in a report published on Friday. The firm currently has a buy rating on the stock.

  • [By Max Byerly]

    Hauck & Aufhaeuser set a €58.00 ($67.44) target price on JOST Werke (ETR:JST) in a report issued on Wednesday. The brokerage currently has a buy rating on the stock.

  • [By Logan Wallace]

    A number of firms have modified their ratings and price targets on shares of JOST Werke (ETR: JST) recently:

    5/25/2018 – JOST Werke was given a new €46.00 ($53.49) price target on by analysts at Deutsche Bank AG. They now have a “buy” rating on the stock. 5/25/2018 – JOST Werke was given a new €46.00 ($53.49) price target on by analysts at Deutsche Bank AG. They now have a “buy” rating on the stock. 5/25/2018 – JOST Werke was given a new €47.00 ($54.65) price target on by analysts at Warburg Research. They now have a “buy” rating on the stock. 5/24/2018 – JOST Werke was given a new €45.00 ($52.33) price target on by analysts at JPMorgan Chase & Co.. They now have a “neutral” rating on the stock. 5/8/2018 – JOST Werke was given a new €46.00 ($53.49) price target on by analysts at Deutsche Bank AG. They now have a “buy” rating on the stock. 4/4/2018 – JOST Werke was given a new €47.00 ($54.65) price target on by analysts at Warburg Research. They now have a “buy” rating on the stock.

    Shares of JOST Werke traded down €0.15 ($0.17), hitting €38.10 ($44.30), during mid-day trading on Friday, according to MarketBeat. 8,510 shares of the company’s stock were exchanged, compared to its average volume of 35,469. JOST Werke AG has a 52 week low of €27.20 ($31.63) and a 52 week high of €47.50 ($55.23).

  • [By Joseph Griffin]

    JOST Werke AG (ETR:JST) has earned an average rating of “Buy” from the six research firms that are currently covering the company, MarketBeat reports. One analyst has rated the stock with a hold rating and five have issued a buy rating on the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is €49.33 ($57.36).

Top 5 Penny Stocks To Buy For 2019: Aerosonic Corporation(AIM)

Advisors’ Opinion:

  • [By Logan Wallace]

    Shares of Aimia Inc (TSE:AIM) have earned a consensus rating of “Hold” from the seven research firms that are currently covering the company, Marketbeat reports. Two analysts have rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating on the company. The average 1 year price target among brokers that have covered the stock in the last year is C$3.54.

  • [By Shane Hupp]

    Aimia (TSE:AIM) has earned an average rating of “Hold” from the seven research firms that are currently covering the company, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation and one has given a buy recommendation to the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is C$2.67.

Top 5 Penny Stocks To Buy For 2019: Central Federal Corporation(CFBK)

Advisors’ Opinion:

Top 5 Penny Stocks To Buy For 2019: First Financial Northwest Inc.(FFNW)

Advisors’ Opinion:

  • [By Logan Wallace]

    Get a free copy of the Zacks research report on First Financial Northwest (FFNW)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By Max Byerly]

    First Financial Northwest (NASDAQ:FFNW) will be announcing its earnings results on Tuesday, July 24th. Analysts expect the company to announce earnings of $0.26 per share for the quarter.

  • [By Ethan Ryder]

    Get a free copy of the Zacks research report on First Financial Northwest (FFNW)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

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