What Are the Top Penny Stocks on Barchart Today?

Introduction:

Penny stocks are stocks that are priced under $5 per share. While they can be risky, they also offer the potential for high returns. Barchart is a leading provider of financial market data and analysis. They offer a list of the top penny stocks that are worth considering. In this article, we will explore what penny stocks are and take a closer look at the top penny stocks on Barchart today.

What are penny stocks?

Penny stocks are shares of small companies that trade at low prices. They are usually traded over-the-counter or on smaller exchanges and are not listed on major stock exchanges. Because penny stocks are not as closely regulated as larger stocks, they can be risky investments. However, they also offer the potential for high returns.

Top penny stocks on Barchart:

1. Gritstone Oncology Inc. (GRTS): Gritstone Oncology is a clinical-stage biotechnology company that develops cancer immunotherapies. The company's stock has been performing well in recent months and is up over 200% year-to-date.

2. Naked Brand Group Limited (NAKD): Naked Brand Group is a global intimate apparel and swimwear company. The company's stock has been volatile in recent years but has seen a surge in price recently.

3. Matinas BioPharma Holdings, Inc. (MTNB): Matinas BioPharma Holdings is a clinical-stage biopharmaceutical company that develops treatments for infectious diseases. The company's stock has been performing well in recent months and is up over 80% year-to-date.

4. CBAK Energy Technology, Inc. (CBAT): CBAK Energy Technology is a manufacturer and distributor of high-power lithium batteries. The company's stock has been performing well in recent months and is up over 300% year-to-date.

Investment considerations:

Investing in penny stocks can be risky. It's important to do your research and consider the company's financials, management team, and growth potential before investing. Some investors also use technical analysis to identify trends and patterns in the stock's price movements. It's also important to diversify your portfolio and not put all of your money into one stock.

Conclusion:

Penny stocks can be risky investments, but they also offer the potential for high returns. Barchart provides a list of the top penny stocks worth considering. When investing in penny stocks, it's important to do your research, consider the company's financials and growth potential, and diversify your portfolio.