7 Penny Stocks with Millionaire-Maker Potential

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No doubt, a strong portfolio typically includes stocks with robust fundamentals and solid track records. In a bull market, these investments provide healthy returns and protect against capital erosion. However, we should not overlook the benefits of owning penny stocks, either. The get-rich-quick angle with these picks is a real possibility. That’s why they continue to garner investor interest.

That said, penny stocks can also be a double-edged sword. Naturally, everyone is attracted to the low price tag. But it’s extremely important to understand which stocks are trading at a bargain and which ones are trading cheaply. The former can have real potential to super-charge your portfolio.

With the retail-trading frenzy we’ve seen this year, it seems like it doesn’t take much to move the needle for these low-priced picks. This is due in part to highly active social media forums who closely follow the sector, such as Reddit’s r/WallStreetBets. Ultimately, though, everyone is looking for massive profits from their investments.

So, without further ado, here are seven top penny stocks that have millionaire-maker potential…

Penny Stocks to Buy, No. 7: Surgalign (SRGA)

finviz dynamic chart for  SRGA

First up on this list of penny stocks is Surgalign, a medical-device developer that focuses on spinal ailments and digital surgery. This company markets a variety of devices for both the surgical and non-surgical treatment of spinal issues.

Last year, the reductions and cancellations of in-patient procedures weighed in on its top-line. However, Surgalign’s stellar second-quarter results suggest that the company is now back with a bang and looking to solidify its position in the industry.

In Q2, SRGA reported a healthy 20.9% increase in revenues on a year-over-year (YOY) basis at $24.8 million. Moreover, its gross margin was an incredible 71% (Page 28), which is exceptional for a medical device developer. The total addressable market for lumbar spine procedures stands at $5 billion, according to management. If the company could knock off just 5% of that market, it would be looking at $250 million in revenue. Hence, SRGA stock has a lot of potential to grow exponentially in the coming years.

Penny Stocks to Buy, No. 6: Cocrystal Pharma Inc. (COCP)

Cocrystal Pharma Inc. (NASDAQ: COCP) is a clinical stage biotechnology company discovering and developing novel antiviral therapeutics that target the replication machinery of influenza viruses, hepatitis C viruses, and noroviruses.

finviz dynamic chart for  COCP

The company employs structure-based technologies and Nobel Prize-winning expertise to create first-and best-in-class antiviral drugs.

COCP is currently developing an oral broad-spectrum replication inhibitor called a non-nucleoside inhibitor – which is currently being evaluated in a Phase 2a study for the treatment of hepatitis C as part of an ultra-short therapy of four to six weeks.

Now if you don't know what any of that means, it doesn't matter. All you need to know is that it's huge for the treatment of some of the world's most-killer diseases… and potentially for investors too.

The stock shot up from $0.87 to $2.16 after Cohen announced his stake in the company late last year.

But now that’s it’s down to only $1.40 per share, that makes Cocrystal Pharma one of the more interesting penny stocks to watch for potentially huge gains in 2021.

If those Phase 2 trials turn out successful and the company moves on to Phase 3, the stock should get a boost. And if Phase 3 is successful, the stock could soar.

Penny Stocks to Buy, No 5: Seanergy Maritime (SHIP)

finviz dynamic chart for  SHIP

Based in Greece, this next entry on my list of penny stocks is a dry bulk shipper called Seanergy Maritime Holdings.

Understandably, this company had a rough 2020. However, it has picked up the pace in its past few quarters, posting double-digit revenue growth from the prior-year periods. Moreover, Seaenergy has been aggressively optimizing its fleet, pushing its net asset value (NAV) higher. Still, SHIP stock trades at a significant discount to its NAV and future outlook.

The company’s second-quarter revenues of $22.5 million represented a more than 380% improvement on a YOY basis. Moreover, its earnings per share (EPS) of 1 cent was in line with estimates. Through effective financial management, SHIP has expanded its fleet without compromising flexibility. This is perhaps why it has such impressive forward operating cash flow growth estimates as well.


Can just ONE $5 stock become the cornerstone of your portfolio?

Imagine the chance at living the retirement of your dreams… with just one single stock as the cornerstone.

It’s entirely possible, as you’ll see…

The Oxford Club’s Chief Investment Strategist – Alexander Green – could have retired years ago just off the profits he’s made from investing in individual stocks like Netflix, Amazon and Apple.

And he’s not alone…

THOUSANDS of Americans have built MASSIVE retirement portfolios by identifying just ONE great stock to add to their portfolio.

The New York Times estimates that at least 10,000 people became millionaires from plunking just a few dollars into Microsoft between 1986 and 2000.

Just one stock did all the heavy lifting for them…

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Now, an opportunity like this doesn’t come around often… but Alex is confident he’s identified the next company primed to skyrocket…

And if you move quickly… this one $5 stock could help you boost your retirement beyond your wildest dreams!


Penny Stocks to Buy, No 4: Ceragon (CRNT)

finviz dynamic chart for  CRNT

Based in Israel, Ceragon is a 5G play that has been in the news recently following an announcement of $35 million worth of follow-on orders from top-tier mobile operators in India. Moreover, the company also announced that it signed a multi-year service agreement with a “leading US service provider.” Now, management believes it’s in a solid position to take advantage of the 5G transition. Despite these positives, though, CRNT stock is trading at just 1.1 times forward sales.

After several rough quarters in 2020, Ceragon has posted some positive revenue growth numbers. In Q2 2021, revenues of $68.6 million were a 9.9% improvement from the same period last year. Moreover, the company’s adjusted gross margin was at a healthy 31.5%, with an operating income of $500,000 compared to a sizeable net loss of $3.5 million in Q2 2020.

This company expects to beat its consensus revenue estimates for the year at $284.2 million. Therefore, with the accelerating growth of the 5G market, expect CRNT stock to make big waves in the coming years. This name is definitely an interesting pick among the penny stocks.

Penny Stocks to Buy, No. 3: Hive Blockchain (HIVE)

finviz dynamic chart for  HIVE

Cryptocurrency miner Hive Blockchain is currently one of the largest publicly traded Ethereum (ETH) miners on the market. In fact, Hive Blockchain “provides over 5% of Ethereum’s total network hash rate.” Moreover, it also has a substantial hash rate with the industry leader in Bitcoin (BTC).

However, the transition of Ethereum to a proof-of-stake model could render mining redundant. True, miners stand to indirectly benefit from the price appreciation resulting from the update or any increases in price due to stronger “tokenomics.” Regardless, though, Hive is most likely to take a substantial hit in revenues in the short term. That said, it should also effectively repurpose its GPU fleet to build top-class data centers in the long run.

All in all, this is an intriguing pick among the penny stocks.


$2 Stock Is One of The Best Imperium Plays Right Now

The No. 1 opportunity I see in the markets right now comes from a little-known technology that’s about to explode into mainstream awareness.

It could soon be the hottest investing story of the decade, according to one expert's research.

“Imperium’s user base is growing at 5 times the speed of the internet in the 1990s. So it could make the dot-com boom look small in comparison, unleashing the biggest stock market winners of the decade … perhaps ever.”

This expert has just picked his best Imperium plays — including one exciting company that trades for just $2 a share right now…

And he’s revealing all the details here.


Penny Stocks to Buy, No. 2: Trivago (TRVG)

finviz dynamic chart for  TRVG

Last up on this list of penny stocks is Trivago. A hotel booking platform, Trivago suffered along with the rest of the travel sector due to the Covid-19 pandemic. This is evidenced in its earnings results from the first quarter of 2020 to 2021, where revenues tanked in a big way. However, in its most recent quarter, revenues rose to 95.5 million euros ($112 million), growing by 493% YOY. Therefore, TRVG stock appears to be back in business and should do well as the pandemic eases.

Currently, management is optimistic about the pent-up demand in the second half of the year with the broader economic reopening across the world. Moreover, the company has done well to control costs, scaling back on marketing expenses. As a result, net loss in its most recent quarter was 3.3 million euros ($3.87 million), significantly lower than previous quarters.

Although it might take a year for the company to recover fully, opportunities are waiting for this one in the post-Covid world. It could blast off soon enough.

Penny Stocks to Buy, No. 1: Carlotz (LOTZ)

finviz dynamic chart for  LOTZ

Next on this list of penny stocks is Carlotz, a company that operates a used car consignment and retail remarketing business. Despite recent headwinds, this company has done an excellent job of expanding its top line and executing growth initiatives. For example, it has opened up new locations in the past six months, hired new employees and undertaken major marketing initiatives. Right now, LOTZ stock is trading at just 1.71 times forward sales despite substantial forward revenue growth estimates.

In the six months ended Jun. 30, 2021, Carlotz reported revenues of $107 million, which came in roughly two times revenues in the same period last year. It has, however, struggled with operating expenses. That subsequently led to a large increase in net losses.

However, in the long run, this business model should show resilience. The shortages should be sorted, new car prices will rise and sellers should return as consignment partners.

“The Next Apple” for $4?

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One stock is causing quite a stir on Wall Street.

It has so much potential, Forbes asks whether it could be the next Apple or Microsoft.

Because of its business model, I personally feel it's more likely the next Amazon.

But it really doesn't matter whether it's the next Apple, Microsoft, or Amazon.

What matters is this:

  1. The company uses the most advanced technology on the planet.
  2. Its stock is trading for less than $10 (for now…), and
  3. Some of the world's biggest investors, including Bill Gates and Cathie Wood, are investing millions into it.

An international conference recently took place in Amsterdam that focused on the breakthrough tech behind this stock, which could explode any day now.

Get the full details on this incredible stock right here.

$3.73 EV Stock No One's Talking About

This company is a sneaky EV play that no one’s talking about.

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$30 Stock Freaking Out Billionaires

This stock is an industry leader in a robotics technology that is freaking out billionaires (trading for just $30).

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The Best TaaS Stock Right Now

This company is set to corner the market in a self-driving technology that  could fundamentally change our entire society – much like the internet did.

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Up to 20,000 IPOs All in One Day

A radical $2.1 quadrillion shift is coming to the financial markets.

Some are calling it G.T.E. and Mark Cuban, Elon Musk, Richard Branson, and even banks like J.P. Morgan are invested in the tech behind it.

Just $25 could get you in alongside these billionaires. 

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53-cent Biotech Stock with $2 Price Target

Steve Cohen, the billionaire stock picker known for running one of the most successful hedge funds ever, has poured millions into the first stock, and it’s trading for only 53 cents.

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