7 Internet Penny Stocks to Buy Now

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Tech stocks have been on a tear recently, with the Nasdaq composite tacking on about 14% since Sept. 1. While big-name blue chips have gotten in on the party, some of the most dramatic performers in the tech sector have been small-cap penny stocks that have seen massive surges in sales, profits and share price.

As the market continues to push higher, many of these high-tech penny stocks still have a lot of room to run. To help you get your share of the profits, here are seven soaring Internet penny stock investments to consider:

Geeknet Inc. ( GKNT )

Geeknet Inc. (NASDAQ: GKNT ) is an online network consisting of technology professionals and consumers of tech products.  The company owns several websites  dedicated to technology news and discussion.  Geeknet also sells "geek-themed" products to consumers on its ThinkGeek website.  Since going public in August, the stock has jumped 52.2%, compared to gains of 12.1% and 6.7% for the Nasdaq and Dow.  On top of stock gains, GKNT reported a quarterly revenue growth of nearly 30% in its last income statement.  Geeknet is a penny stock to buy, priced at $2.08.


NaviSite Inc. ( NAVI )

NaviSite Inc. (NASDAQ: NAVI ) is an information-technology company that provides enterprise-hosting solutions, customized managed application services and remote operations services.  Year-to-date, this tech stock has climbed 75%, compared with  smaller gains by the broader markets.  NaviSite is certainly a small-cap stock, with a market cap of just $133 million. However, a stock price of just $3.51 makes it an affordable stock worth buying.

Zix Corp. ( ZIXI )

Zix Corp. (NASDAQ: ZIXI ) is an e-mail encryption service company that works with the health-care, financial services, insurance and government sectors.  Since January, ZIXI stock is up $2.01, or 117.5%.  Additionally, ZIXI has outperformed earnings estimates for three consecutive quarters.  Currently trading at $3.73, ZIXI is not far removed from its 52-week high of $4.18.

EasyLink Services International ( ESIC )

Tech company EasyLink Services International (NASDAQ: ESIC ) provides services that facilitate the electronic exchange of documents and information between enterprises across the globe. Over the past 12 months, ESIC stock has soared an incredible 161.1%, compared to much smaller gains by the broader markets.  Last quarter, ESIC posted earnings of 39 cents, after analysts predicted EPS of just 7 cents.  ESIC trades just eight cents below its 52-week high, at $3.90.

LookSmart Ltd. ( LOOK )

LookSmart Ltd. (NASDAQ: LOOK ) provides relevant solutions for search advertising customers.  The company acquires search queries from various search engines and matches them with keywords for its advertising clients.  Since January, this penny stock is up 123.5%.  LOOK has also outperformed earnings estimates for three straight quarters, adding to its impressive resume.  This penny stock trades at $2.28, with a 52-week range of 88 cents to $2.35.

GlobalSCAPE Inc. (GSB)

GlobalSCAPE Inc. (AMEX: GSB ) facilitates the delivery of critical information for its customers.  This data often includes financial data and medical records, which are securely exchanged over the Internet.  Year-to-date, GSB stock has jumped 62.3%, compared to smaller gains by the broader markets.  Even more impressive, the penny stock is up 77.5% since May 1. GSB is an inexpensive stock to buy at $2.45.

Unify Corp. (UNFY)

Based in Sacramento, Calif., Unify Corp. (NASDAQ: UNFY ) is a global provider of application development, data management and archiving software solutions.  Over the past 12 months, this penny stock has gained 20.4%.  UNFY stock slipped in July, but since then has gained 10%.  Currently trading at $3.19, Unify Corp. rounds out the list of top Internet penny stocks to buy.

As of this writing, Louis Navellier did not own a position in any of the stocks named here.



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , Stocks

Referenced Stocks: ESIC , GKNT , LOOK , NAVI , ZIXI

Louis Navellier

Louis Navellier

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