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Top Penny Stocks To Buy Now? 4 To Watch At The End Of July 2021

25, 2021

6 min read

This story originally appeared on PennyStocks

Are These Top Penny Stocks on Your August Watchlist?

With August right around the corner, investors are searching for the best penny stocks to buy now. To do so is a combination of research and having a proper trading strategy for penny stocks. This year investors should also consider the effects of social media on the stock market. Websites such as Reddit and Twitter have become major influences on price action. Because of this, it’s important to stay up to date in order to stay ahead of the newest trends. 

[Read More] 3 Former Penny Stocks With Bullish Analysts & Price Targets Up To 120%

With August only a few days away, it could be time for the market to refresh, and hopefully, stay on a solid bullish trajectory. But, with the pandemic still in full swing, this is pure speculation right now. Here are four penny stocks to watch as July comes to an end. 

Top Penny Stocks To Buy [or avoid] Right Now:

Verb Technology Company Inc. (NASDAQ: VERB) Luokung Technology Corp. (NASDAQ: LKCO) Uranium Energy Corp. (NYSE: UEC) IZEA Worldwide Inc. (NASDAQ: IZEA) 

Verb Technology Company Inc. (NASDAQ: VERB)

Over the past year, the tech industry has become one of the most popular sectors to find penny stocks. And, one of the leaders in this industry right now is Verb Technology Company. Verb operates as a Software-as-a-Service (SaaS) company. This means that it provides software to companies and businesses alike.

One thing to keep in mind is that VERB stock is considered a meme stock. This means that it is frequently discussed on Reddit and Twitter, alongside other popular companies such as GME stock and AMC stock. While this does make it more volatile, it also increases the amount of investor attention placed on the company.

Verb’s platform consists of subscription-based software that is accessible by its clients. These applications have a user interface both on desktops as well as mobile devices. In the past month alone, shares of VERB stock have shot up by over 100%. This is a major gain especially considering the large fall the market took on Monday, July 19th.

SaaS is a thriving business right now and has remained that way throughout the pandemic. With more people online, more businesses are looking for tech solutions to solve everyday issues. Considering this, does VERB stock have a place on your penny stocks watchlist?

Luokung Technology Corp. (NASDAQ: LKCO)

Another technology company to keep an eye on this coming month is Luokung Technology. As a company, LKCO is a leader in the spatial-temporal intelligence industry. It additionally has earned a strong reputation for location-based services (LBS) and HD maps. Most of its business is conducted in China, where it provides services for everything from autonomous vehicles to in-vehicle mapping.

This has become a large industry in the past few years, and one that many investors expect to continue growing in the near future. And, if we also consider the extremely high demand for vehicles right now, we see even more potential for LKCO stock in the long term.

On July 22nd, Luokung announced that its subsidiary, eMapGo will be providing autonomous driving simulation testing services for Geely Automobile Research Institute Co. Ltd. Geely is considered the largest domestic automobile company in China, and sold over 1.32 million vehicles last year alone.

“Luokung’s autonomous driving simulation test product is one that we are particularly proud of. We have provided services to several global automakers and tier 1 suppliers and look forward to expanding our customer base by promoting safe autonomous driving travel services.” Mr. Xuesong Song, CEO of Luokung

This is big news for the company, and could turn into a longer term deal if all goes according to plan. While the full details of this announcement are not yet available, it could be interesting to keep up to date with LKCO stock. 

Uranium Energy Corp. (NYSE: UEC)

The uranium market has been on fire in the past year and a half. With a global push toward clean energy, uranium continues to be a top choice for its efficiency and renewable nature. In line with this, Uranium Energy Corp. is one of the primary choices for penny stocks investors looking to get into the uranium industry.

Its portfolio contains one of the largest databases of historic uranium mining developments in the country. The company owns its Hobson processing facility, which is centrally located in Southern Texas, where other uranium operations are ongoing right now. 

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With an extensive history of mining and a strong leadership team, UEC is aggressively pursuing new opportunities in the uranium industry. Most of its vision is focused on property acquisitions throughout the U.S. Besides Texas, this includes New Mexico, Arizona, Wyoming, and Colorado. Because of the increasing demand for uranium, UEC could be well-positioned for the future of cheap and clean energy. With all of this in mind, will UEC be on your penny stocks watchlist moving forward?

IZEA Worldwide Inc. (NASDAQ: IZEA)

IZEA Worldwide is a company that works in the marketing industry. For some context, IZEA offers both software and professional services based on the influencer market. This allows influencers to connect with brands, and therefore, grow the creator economy to new heights. Launched in 2006, IZEA has since mediated around 4 million transactions, which is no small feat. 

On July 21st, IZEA announced that it had secured a $1 million influencer marketing contract expansion. These funds will come from a Fortune 500 customer for influencer marketing services.

“Team IZEA is off to a strong start for Q3 2021, bolstered by several meaningful contract awards from repeat customers. We have already set a record for the best-Managed Services bookings in the month of July, and we are continuing to see strong demand for our expertise in the influencer marketing industry.” Ted Murphy, Founder, and CEO of IZEA

In addition to this, the company announced that its Managed Service bookings in Q2 2021, increased by almost 190% to $11.1 million. This is very substantial, and something that investors should keep in mind. With the influencer and creator space growing everyday, IZEA stock could be worth adding to your list of penny stocks to watch. 

Which Penny Stocks Are on Your August Watchlist?

If you’re making a penny stocks watchlist right now, there are plenty of options to choose from. With so many penny stocks out there, it can seem like a daunting task to just pick a few from the list.

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However, with the right research in hand and a commitment to finding the best stocks to buy, it can be done. Considering this, which penny stocks are on your watchlist right now?

Breaking Down The Barriers Preventing Millions From Investing In Companies That Do Good

Breaking Down The Barriers Preventing Millions From Investing In Companies That Do Good

In the age of sustainability impact investing and ESG (Environmental, Social, and Governance), the non-financial factors that investors apply to identify material risks and growth opportunities, have become buzz terms. But not for everyone. According to research from new investment fund manager DUGUUD, this industry jargon leaves many people mystified and this is holding them back from investing in businesses that help the environment and society.

The survey of 3,000 adults found that just 10% were aware of the term impact investing and could explain it, yet when it was explained to them 60% agreed that it could create positive change in the environment and society. And three times more people agreed than disagreed that if they had funds to invest, they would want to invest in this area.
“It’s time for the whole financial services industry to ditch terms like impact investing and ESG and to start talking in a language everyone can understand,” says DUGUUD’s CEO and serial entrepreneur David Scrivens.

DUGUUD, the trading name of Amberside Capital, is an FCA-regulated fund manager launched this month, with a focus on climate change, increasing biodiversity, improving public health, reducing inequality, and improving education. It was born out of a need to create a platform that allows the general public to invest in companies that make a genuine and positive difference to the world.

“It is difficult and costly to create a fund that’s open to the public, and it takes a lot of marketing spend to reach them,” says Scrivens. “Most fund managers get institutional investors, such as pension funds, to meet the minimum investment level required to launch a fund, but this route is often to the exclusion of the general public.”

The research also revealed a significant level of cynicism, with 58% of respondents of the opinion that most businesses claiming to be doing good are actually spending more time and money marketing their environmental and societal intentions than on taking tangible actions. Two-thirds (67%) also agreed that there are now so many businesses claiming to run their business in a way that is better for the environment and society that they find it difficult to trust the real impact of most of their claims.

“It is extremely difficult to prove environmental and social change, and comparing organizations is also tricky,” says Scrivens. “There is no easy solution to this without government intervention to create tools for measuring impact.”
However, he insists that DUGUUD will not allow the companies it invests in to focus on just the one area of good they may be doing, but will hold them to account for all aspects of their business. They will also show investors tangible examples of what companies are doing, for example, how the company has moved to greener energy, not just by paying an electricity supplier to certify that they are getting green energy when it just comes through the grid, but by building additional green energy generation.
The team has already invested in several projects, including £17 million in Sterling Suffolk, which produces tomatoes in what has been dubbed ‘Europe’s cleverest greenhouse’. The semi-closed hydroponic glasshouse is considered 25% more energy efficient than a traditional one and allows for greater carbon absorption, and potentially creates better-tasting crops.
Wildanet is a Cornwall-based fiber company aiming to bring much-needed high-speed internet to rural communities in the region to improve digital inclusion. DUGUUD has raised the company around £50 million to help them achieve this goal.
Other investments include Virti, which trains medical staff remotely using virtual reality, and which has been incredibly valuable during the pandemic, and Ateria Health, which has developed a way to improve gut bacteria in humans that could help with common issues such as irritable bowel syndrome.
Another key finding of the research was that 67% of adults who were asked about investing would expect independent financial advisors (IFAs) to understand this area and supply options as part of the funds they discuss with customers, while 59% would also expect any pension provider to consider these kinds of investments in how they manage, invest and report on the pension fund.
This highlights the role that IFAs and pension firms have to play in creating more clarity for their clients around investing for positive change. “We believe that all professionals should be helping to spread the word about investing to make an improvement for society, and we aim to work with as many of them as possible,” says Scrivens.
Looking ahead, the plan is to create a fund that draws on the investment team’s infrastructure experience to make larger environmental and social projects come to fruition, and to launch a science-based fund focused on investment in technologies that can make a huge difference to the planet or society, but preferably both.
Scrivens adds: “We are also considering whether to offer a small part of our own company for individuals to invest in so that people can join us on our journey to make a real positive difference and help more companies that do good get the investment they need.”