Pyxis Tankers Inc. (Nasdaq: PXS) is among the top penny stocks to watch for December after climbing 123% last week, and then another 120% by noon on Monday, Dec. 4.
Pyxis is a Greece-based liquid fuel transporter operating a fleet of six double-hull tankers in the United States. There was no recent news from the company or analyst revisions that sparked the stocks surge. But some analysts suspect the recent $90 million share offering from Scorpio Tankers Inc. (NYSE: STNG) attracted unusually high speculation in the sector.
Top Penny Stocks To Buy Right Now: Eagle Bulk Shipping Inc.(EGLE)
- [By Lisa Levin]
Shares of Eagle Bulk Shipping Inc (NASDAQ: EGLE) were down 49 percent to $0.381. Eagle Bulk Shipping announced after Wednesday’s close it has reached an agreement with its lenders and holders of its equity to raise $105 million.
Top Penny Stocks To Buy Right Now: Archer-Daniels-Midland Company(ADM)
- [By WWW.MONEYSHOW.COM]
Aflac (AFL) — yielding 2.5%
Archer-Daniels Midland (ADM) — yielding 2.7%
Chevron (CVX) — yielding 3.8%
ExxonMobil (XOM) — yielding 3.6%
Genuine Parts (GPC) — yielding 2.7%
Johnson & Johnson (JNJ) — yielding 2.8%
T. Rowe Price (TROW) — yielding 3.2%
- [By Lee Jackson]
This is a very solid play for rocky markets and is offering a very reasonable entry point. Archer Daniels Midland Co. (NYSE: ADM) is a large agricultural services company with almost $90 billion in sales. It is in the business of converting agricultural harvest such as corn, wheat, soybeans and other products into basic ingredients for both consumer and industrial product manufacturers. Its main business lines are focused on oilseed processing, corn processing and agricultural services.
Top Penny Stocks To Buy Right Now: Rowan Companies Inc.(RDC)
- [By Jon C. Ogg]
Rowan Companies plc (NYSE: RDC) closed up 15.1% at $17.84 and the 5.2 million shares traded was just 1.3 times normal trading volume. Rowan has a consensus analyst price target of $15.04 and a 52-week trading range of $10.67 to $20.88. The company has a total market cap of $2.2 billion.
- [By Ben Levisohn]
Go back a year, and offshore drillers like Noble (NE), Rowan (RDC), Transocean (RIG) and Atwood Oceanics (ATW) had been all but written off–until they weren’t anymore. Since then, investors have been rewarded for picking winners in the group from the losers, as Atwood Oceanics has more than doubled, Transocean has gained 34%, and Rowan has risen 42%, while Noble and Diamond Offshore Drilling (DO) have dropped 13%.
Top Penny Stocks To Buy Right Now: Luna Innovations Incorporated(LUNA)
- [By Logan Wallace]
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