The Best Penny Stocks That Investors Should Take Advantage of in 2019
Most investors never feel at peace with the mention of penny stocks near them all thanks to their volatility that is never a great thing in the stock market. Experts, in fact, are saying that microcap stocks which is another name for penny stocks are on the verge of dying and regardless of whether it is true or not, there is a positive movement in the world as long as one knows where to put their money. The secret to getting much money from microcap sticks is choosing wisely. This article outline some of the best penny stocks that people should consider in 2019.
Even though it has some challenges up to Jan 2019, GSAT still made it to this list all thanks to its stability and balance that it now has. 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. GSAT is among the safest bets to buy among all the penny stocks in the market today and it is even expected to turn around for the better in the future. Some of the reasons why people that own shares in GSAT should hold onto a little patience and keep their stocks for longer is that there is no volatility in the market currently and hence they have a possibility of getting more value for their money and there are also no signs for beneficial selling as well. Investors interested in buying stocks, on the contrary, should wait a little longer as they research to ensure that they are aware of any sudden changes and utilize them maximally as well as find experienced stockbrokers to help them out too.
The camera tech sector also has a representation on the list courtesy of the Eastman Kodak Company which is another 2019 option for people interested in penny stocks. 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. There are many other penny stocks that people should consider in 2019 in addition to the above including Chesapeake Energy which is an oil and gas company as well as Arcimoto and Curis.