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In: Economics

WHAT ARE THE BEST 10 PENNY STOCKS TO BUY RIGHT NOW? and why

WHAT ARE THE BEST 10 PENNY STOCKS TO BUY RIGHT NOW? and why

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Expert Solution

The following are 10 best cheap stock to buy right now below $ 10

  • Sirius XM Holdings Sirius XM Holdings( merged in 2008 ) has become a monopoly company which totally deals with satellite radio.The audio products of this company have 100 million people or more . Although Netflix  gets aslo increased its revenue sirius holding alone had added 1.1 million people with subscription .This brought the total paying subriber to about 30 million.So it best penny stock and cheap to buy
  • ADT.

    The ADT shares fell down about 75% from thier offering of $14 . But their loss are turned into profit .Also now The ADT is refinancing the debt trates at a very reasonable prices. It focusses majorily on automation , mobile security and smart home .It is also best penny stock at now to buy for significant profit in shares .

  • Zynga.

    it is one of the best cheap stocks to buy under $10. the social gaming software developer who develped like words with friends a very populr gaming app held a new company whose income and revenues was 48% overall and surging of about 59%. The popular Analyst predicts big  revenue growth in 2020 of Zynga . especially in the COVID-19 era, zynga is remarkebay well up and above as people entertainment is increasing .

  • Century Casinos

    why because the COVID 19 affected the revenues of this but Century casino has the ability to survive this tough period and it has very enormous stock growth potentional .It has long term revenues and earning aspects

  • Nokia Corp.

    Sales have grown 14% annually for the last five years., benefiting by helping telecoms upgrade their networks. Nokia pays a hefty 8% dividend.

  • Nomura Holdings.

    Noumra holding is a twelve billion dollar behemoth, It is Japan's fourth-largest financial institution for public trading .It is always available on mainstream united states exchanges. It has high dividend of about (7%) and stable market

  • Celsius Holdings.

    Celcius is One of the smallest companies named for penny stocks  under $10 is .It is a roughly $300 million Florida company [roducing health drinks for people .The  Sales of the company have increased from $14.6 million dollar in yer 2014 to about $75 million dollar in the 2019 , The shares of the company have also increased from $1 to $4 . its $10 price target implies over 100% up side.

  • SmileDirectClub.

    This stock may be enough and well for aggressive investors; the smile direct club company claims that its aligners can work in only 6 months and compete with the traditional braces. A price target of more than $12 indicates roughly 200%

  • FS KKR Capital Corp.

    This is great for all types of investors, and the FSK's annualy  32% dividend is very profitbale for any investor . FSK's has reasonable debt is 0.78 times equity, but the good news is that the shares still trade for 0.3 the times book value. A string of insider buys in March 2020 (as the market severely tanked) shows that those running the company believe in it enough to put their own money behind it.

  • Hence these are the penny stock which  are best in these time .


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