The Best Penny Stocks That Investors Should Take Advantage of in 2019
Volatility is one of the things that deprive investors their sleep and since penny stocks are so volatile, most people do not like them. Even though some people think that penny stocks are almost becoming distinct in the market today, there are some reasons why people should invest their money in the same stocks. The best penny stocks keep growing with time and trends show that such are headed for a strong and long-term value but then which are the types to look out for from the many that are available in the market today? For anyone planning to invest in penny stocks, they should consider some of those given below to have assurance for the best results in the end especially this year.
First on the list comes Globalstar Inc (GSAT) which is at a very stable place currently after veering away from some dramatic period of instability and drop off in early 2019. For anyone considering investing in GSAT shares, they have an assurance for among the best satellite technologies that have kept the company booming year in year out in addition to the fact that it has held a great position and still will in the next years hoping that things become better with time. Globalstar Inc is, therefore, a safe place to invest one’s money for people with an interest in penny stocks and it also shows signs of becoming better in the coming years. The current shareholders should not be in a hurry to sell off their stocks but wait for better days ahead all thanks to a higher value for the same in addition to zero signs of positive selling. There are also investors planning to buy GSAT stocks as well and if you are among them, then waiting for a little more will not bring any harm but is beneficial as it means that will not only get a professional in the industry to help them but will also have time to study the market and strike the moment they see any changes that favor them.
There is also the Eastman Kodak Company which is among the penny stocks that people should watch in the year 2019 especially for those with an interest in the camera tech companies. KODK has had a significantly high positive trends that went up to 3.71 USD in March but buyers should brace themselves up for the buy mode in April all thanks to its drop all the way to 2.53 USD. Other penny stocks to look out for include Chesapeake Energy which has about a billion debt which has pushed its stocks down as an oil and gas company, Curis and Arcimoto among many others.