Penny stocks are like small companies’ super-small shares, costing less than $5 each. It’s the best investment for someone looking for huge profits in the shortest period. At the same time, they are the riskiest investment and cheap for a good reason. Most companies penny stocks have challenged business models, debts, shrinking markets, and difficult outlooks.
But, if you do your research and take a negligible risk, you can earn huge; that’s a fact. That’s why we have made a list of top penny stocks available in 2023 that you can bet on.
Best Penny Stocks Reviews 2023:
Let’s have reviews of the top penny stocks available in 2023.
1. The United States Antimony Corporation (USAC)
The United States Antimony Corporation digs and deals with a unique metal called Antimony and many other rare metals that produce different items.
Antimony might sound fancy, but it’s used in everyday things like batteries and small arms. USAC is a big deal because they have two unique places called smelters, where they work with antimony in North and Central America.
Even more remarkable is that their stock price recently reached $3.59. That’s impressive because antimony prices have dropped almost half of what they used to be. The company is doing something right to keep its stock value up.
If you are considering investing in the company, you would love to learn and keep an eye on the company, how they are doing their business, and expanding even at this low phase.
Once the Antimony prices are high again, and business is regular again, there are sure chances the company stocks will rise. It is a good chance for someone looking for a penny stock company and an excellent option to get double-fold investment returns.
2. Genius Brands International Inc
Genius Brands International Inc. is a company that does something enjoyable; they own the Kartoon Channel. Imagine a channel with incredible shows, games, and singalongs for kids. That’s what Genius Brands is all about. But here’s the exciting part: They can share all this fun stuff with kids worldwide. That means their shows and games can reach kids everywhere, which is fantastic.
Their market cap is $233 million, which is like saying they’re worth a good chunk of money. But even more interesting is that their stock is worth less than $1. That means you don’t need much money to buy their inventory, which can appeal to some investors. There’s a real superhero movie: Genius Brands signed a 20-year contract with Disney’s Marvel. That’s teaming up with the big leagues in the entertainment world.
If you’re considering investing in Genius Brands, it’s worth keeping an eye on all the cool stuff they’re doing with the Kartoon Channel and Disney’s Marvel partnership. Do your research; you will be compelled to invest in the company.
Inuvo, Inc. is an excellent tech company that uses intelligent computer stuff called artificial intelligence to make brand messages better. They have their unique technology for this, which means they’re pretty amazing.
They offer a great range of cool things. One is ValidClick, which helps the online marketing world. Another cool thing is its IntentKey, which sounds super bright and helpful.
And now, they’re teaming up with Google, the giant search engine, to use Google’s Web Search and AdSense on some websites. That’s like having a powerful friend in the tech world.
Let’s discuss the numbers, too; their sale grew by 79.3 percent in just one year, reaching $22.7 million. Don’t forget the 6 million cash they can sell that quickly helps you get your returns without losing.
So, if you’re considering investing in Inuvo, Inc., they have some intelligent tech and promising partnerships. Don’t think way too much; take a step ahead and invest in this tech company. I am pretty sure you won’t regret the decision.
Exela Technologies Inc.
Exela Technologies Inc. is all about using its unique technology to improve businesses. They have tools that help companies to do things faster and more intelligent, which is pretty cool. What’s impressive is that they’re already helping over 4,000 customers. That’s a lot of businesses. And the best part is they can customize their software for each company.
So, no matter what kind of business you have, they can help you. Here’s some exciting news: Exela is growing fast. They recently signed a big contract worth $19 million with a leading Irish bank for their XBP suite. That’s a lot of money, showing that big organizations trust them.
Investors are interested in Exela because of their rapid expansion. If you’re considering investing in a company on the rise, Exela Technologies Inc. might be one to watch closely. So take a step ahead and invest in this penny stock company; I am sure that will be the best decision of your life.
Cinedigm Corp is one of the leading names in streaming movies and TV shows. It’s an individual streaming company that has big shows on its name. The best thing is they have 19 different channels, 52000 TV shows, and 650 different partners around the globe.
That’s an extensive collection; the best thing is they always look for new things to add so you won’t feel bored. Plus, they have 5G technology to make your streaming faster than others. So, happy streaming without buffering.
Don’t forget they have 33 million people to view their content monthly. If you love streaming and are looking for a company with an extensive selection and plans for the future, don’t overlook this penny stock company.
Today, we’ve looked at some exciting penny stock companies, from tech to entertainment. But keep in mind that penny stocks can be exciting and risky. So, research, follow the market, and think about your goals before investing in any of the stores.
The financial world is full of surprises if you are not well prepared, so be prepared with expert analysis, visit our Investor’s guide now!