Wednesday, December 31, 1969 - 4:15 PM: Check out PHOT (GrowLife, Inc.). PHOT is our new big pick for this week.
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There are several major stock exchanges in the US including the NASDAQ, AMEX, OTCBB and others to look for the top penny stocks. Investors can scour these exchanges for the top penny stocks out there in the stock market and find the stocks that suit their investment needs the best. A lot of investors use stock screeners that screen out stocks based on various criteria including share price, market cap, beta, profit, revenue, price to earnings (PE), price to sales (PS) and other criteria that an investor may enter.
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Investors should never invest in stocks, unless they can afford to lose their entire investment. Investors should learn to read an income statement, balance sheet and cash flow statement. Read as much as possible on the stock market and understanding fundamental and technical analysis. A lot of investors also watch the financial TV networks to stay on top of the stock market throughout the trading day.
Stock alerts and ideas can be found through a top penny stocks newsletter that can give investors a new flow of investment ideas that they may not have discovered otherwise. There are large cap, small cap and nano cap stocks as well as others. It depends on the investors preference on which type of market capitalization stocks that they may invest in. Remember, to find as much stock market related information as you can to get that edge. Each investor must discover their own risk tolerance and their own top penny stocks. The stock market fluctuates daily and should be watched daily to gain an advantage and a feel for the overall market and stocks in certain industries.
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Check out our New Big Pick: PHOT!!!
Snapshot - "PHOT (GrowLife, Inc.) is a pure play in the rapidly evolving marijuana space as strong momentum for legalization continues in states. PHOT has tremendous growth potential as an early player in an industry that could become like big tobacco someday. The earliest players are taking the most risk, but could also reap the greatest return down the road. The stock is currently trading sub-five cents where it is gathering momentum as investors realize the significant potential for the early players in this burgeoning space. PHOT traded as high as $0.12 earlier this year and we believe it may have potential to outclass its peers."
SpeculatingStocks.com, Inc., owner of TopPennyStocksIdol.com, has been compensated by PHOT (Growlife, Inc.) $1,000 cash for a 2-day (6/12 - 6/13) investor relations contract. Never invest in a stock mentioned on TopPennyStocksIdol.com or mentioned in email alerts unless you can afford to lose your entire investment. Please read our legal disclaimer.
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Finding the top penny stocks in the stock market can be accomplished through a variety of methods. Investors can discover new stock ideas through a top penny stocks newsletter. Investors can also use a stock screener to generate a list of stocks based on a variety of criteria. A stock screener can screen stocks based on the industry, index membership, share price, market cap, dividend yield, beta (volatility), sales revenue, profit margin, price to earnings (PE) ratio, price to sales (PS) ratio, price to book ratio, PEG ratio, growth and other factors.
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Investors must understand that they should not invest in the stock market unless they can afford to lose their entire investment. Investors should learn to read financial statements such as the income statement, balance sheet, cash flow statement and other financials. It is important to read charts as well and understand technical analysis. The stock market is widely recognized. There are stock markets overseas as well, including in England, China, Japan, India, Germany and other nations to allow companies to list publicly to generate investment.
Learn as much as possible in the stock market to find the top penny stocks out there. Analyze whether the market may move up or down and how an individual stock may react.
Marketing timing is important and can make or break an investment depending on the timing of investing in a stock. The saying timing is everything is important in the stock market. Investors must know their own risk tolerance and stay on top of domestic and global news in order to find the top penny stocks. Those who can consistently find the top penny stocks can earn quite the profit. Keep looking for new stock ideas and understanding the ins and outs of the stock market as the market moves forward.
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