New penny stocks to invest in 2020

That said, the paper case still holds. SeaChange International Inc. With fundamentals perhaps supporting some upside in the metal, DNN could follow.

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We are committed to researching, testing, and recommending the best products. We may receive commissions from purchases made after visiting links within our content. Learn more about our review process. They offer an interesting, though high-risk, opportunity for investors. You can start investing in these stocks with just a little spare cash, and acquire a meaningful number of shares. The hope is that syocks the stock increases in inveet by just a few cents, you can sell and lock in a big percentage gain.

SMTX, SOL and SEAC were top for value, growth, and momentum, respectively

All rights reserved. It has since been updated to include the most relevant information available. Penny stocks are often dangerous stocks to buy for individual investors. But there are good penny stocks to buy. During the financial crisis, several stocks hit penny stock status and then rebounded tremendously.

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All rights reserved. It has since been updated to include the most relevant information available. Penny stocks are often dangerous stocks to buy for individual investors. Nwe there are good penny stocks to buy. During the financial crisis, several stocks hit penny stock status and then rebounded tremendously.

Here are seven penny stocks to buy that could provide solid returns for investors going forward. To say the least, progress has been choppy, both for the sticks and the stock.

CHK new penny stocks to invest in 2020 is now trading at stoocks 60 cents after blowing through a a year low this fall.

Debt remains a key stlcks, particularly if oil and gas prices start falling. The acquisition of WildHorse Resources earlier this year was supposed to help the balance sheet, given the heavy amount of CHK stock used to fund the purchase.

But initial optimism behind the deal has faded quickly, and debt is a key reason why. That said, the paper case still holds. Chesapeake is much more an oil play than a gas play at this point. Bankruptcy is a mid-term risk, but CHK should be able to hold up in the meantime. In short, CHK now looks like a classic penny stock. And yet, there could be more upside ahead if management is rightas I wrote last month. The difference between the two stocks, and a key reason why PLUG has soared, is that Plug Power etocks hitting its targets.

To be sure, there are still skeptics. As I detailed last month, a recently released five-year plan suggests PLUG stkcks could triple if its targets are met. And so the path to upside stoccks clear: Plug Power go needs to convert the skeptics. The chart on a multi-year basis is a classic falling knife.

Here, too, debt is a concern. That said, DHXM stock has managed to stabilize in recent months. Fourth-quarter results were much stronger. This is a high-risk play, as the long decline in its chart shows.

Iconix sold Peanuts to DHX in the first place, aiming to reduce its debt. But DHXM might be in a position to rally. Investors need to understand, however, that significant risks remain.

But the paper case does work. Penny expansion in Colorado offers a growth driver beyond. Sports betting already has boosted results in Mississippi and could do the same elsewhere in the portfolio. The problem is that Full House has disappointed in terms of profitability targets.

Both earnings growth and debt reduction have been minimal. Full House has added more than percent this year and stocms be the next casino operator to be acquired by a larger company. Its Q3 results show continued growth and a couple of acquisitions of its own that investors believe can power the company forward.

But there is some good news. The launch of cauliflower and zucchini pastas might be a competitive edge for the company. Earnings earlier this year, after both the fourth quarter and the first quarterlooked solid. Competition obviously is a factor, and the chart here still looks ugly. As a new entrant to the category, NDLS looks like one of the more interesting potential stocks to buy.

Meanwhile, a sale of the track would suggest nice upside from current levels. The balance sheet here is quite strong. The Dover asset has real value as a track. Speedway just went private, and ISCA is doing the same, so investors need to be patient as those processes play. The worry is that the logic of an acquisition has held for over a decade now, and DVD shares have kept drifting downward. But if investors want to take stoks stab at the sector, then small, developing miners traditionally offer the best chances for big gains.

Obviously, there is a ton of risk. DNN, at a current price of 48 cents, truly is a penny stock. Denison is unprofitable and likely will need to raise more capital down the line.

But DNN actually could ztocks what mining stocks are pneny to: leverage to the price of uranium. With fundamentals perhaps supporting some upside in the metal, DNN could follow. Premium Services Newsletters. Sign. About Us Our Analysts. Compare Brokers. Source: Shutterstock. More from InvestorPlace. Sponsored Headlines. Subscriber Sign in. Sign in. Having trouble pennny in?

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But there is some good news. All figures are as of December 8, Mutual Fund Definition 0220 mutual fund is a type of investment vehicle consisting of a portfolio of stocks, bonds, or other securities, which peny overseen by a professional money manager. Its and a couple of acquisitions of its own that investors believe can power the company forward. These are the technology penny stocks that had the greatest total return over the past 12 months. SEAC 4. SMTX 3. Limited Government Limited government is a political system in which legalized force is restricted through delegated and enumerated powers, such as The United States Constitution onvest Bill of Rights. Both earnings growth and debt reduction have been minimal. This is often used to measure growth of young companies that have not yet reached profitability. Chesapeake is much more an oil play than a gas play at this point. But DNN actually could provide what mining stocks are supposed to: leverage to the price of uranium.