Best penny stocks to buy.
7/2/2025 01:11am
The best penny stocks to buy are those that demonstrate strong potential for growth and are supported by solid financials and market demand. Here are some key criteria to consider when evaluating penny stocks:
1. **Low Stock Price**
- Closing Price < $5
2. **Positive Moving Averages**
- Closing Price > 5-Day Moving Average
- 5-Day Moving Average > 10-Day Moving Average
- 10-Day Moving Average > 20-Day Moving Average
3. **High Trading Volume**
- Volume Ratio > 2
After sorting by quantitative recommendation score, there are no results found. This could be because such stocks may not exist or have not been recommended by the algorithm. Therefore, we should consider other approaches to identify potential penny stocks.
Here are some potential penny stocks to consider:
1. **Cipher Mining (CIFR)**: This company has shown recent profitability and has a market cap of approximately $510.24 million, with a net income of CN¥150.11 million for Q1