Penny stock investing
doesn't have to be high risk. Investors who focus on lo- priced
stocks can still raise the bar for their investments by insisting
they be more than a fledgling start-up and that these penny
stocks are listed on a major exchange. Specifically, demand that
shares are trading for more than $1, that the penny stock is
listed on the AMEX, NYSE or NASDAQ and that the investment has a
market capitalization north of $100 million.
Given these criteria, you can uncover some great penny stocks
that are very high reward but not so high risk. To show you what
I mean, let me shares some of my favorite hot penny stocks to buy
that fit the bill in the tech sector:
: The first penny stock worth buying is
) which has posted a gain of +119% in the last 12 months. More
recently, this semiconductor company has shown stock growth of
+53% in the last three months as well. It should also be noted
that EMKR posted a quarterly revenue growth of +23% in its last
Dot Hill Systems Corp
: Enterprise server software company
Dot Hill Systems Corp.
) is a hot penny stock worth buying, as its stock has jumped +40%
in the last three months. In the longer term, HILL stock has
shown growth of +67% in the last 12 months, compared to gains of
+14% and +13% for the NASDAQ and Dow Jones, respectively.
Identive Group Inc
: Having increased +71% in the last six months and +23% in the
last three months,
Identive Group Inc.
) is another
penny stock to buy
making the list. Another statistic that should be noted is INVE's
quarterly revenue growth of +134% from its last income statement.
INVE has a 52-week range of $1.29 to $3.55.
RAE Systems Inc
: Up +106% in the last year,
RAE Systems Inc.
) is another hot stock for penny investors. This stock has the
potential to grow your portfolio in a hurry, as it jumped +42% in
just three days in September. In its last income statement, RAE
also posted strong quarterly revenue growth of +25%. If you can
take the risks of penny stock investing, RAE offers potentially
: Electronic commerce company
) has watched its stock grow a remarkable +99% in the last six
months alone. SIFY has also shown it can sustain that stock
growth, having gained +38% since the start of 2011. Buy this
stock near its 52-week high of $3.56.
: Semiconductor stock
) has rewarded shareholders with growth of +57% in the last six
months. Potential buyers should also look to ACLS's quarterly
revenue growth, which was listed as +141% in its last income
: Last on the list is video game product producer
). This penny stock has shown impressive gains of +148% in the
last year, including a gain of +35% in just one day this March.
If you're looking to hit it big with a penny stock purchase, COOL
may be the perfect stock for your portfolio.
As of this writing, Louis Navellier did not own a position
in any of the stocks named here.