The penny stock sector, characterized by its volatility, often undergoes rapid surges and declines due to factors like low volume, cheap pricing, and operational dynamics. Still, for well-informed investors, certain penny stocks present opportunities to achieve substantial gains at low costs. This backdrop forms my list of penny stocks to buy now. Recent trends indicate a high probability of consecutive rate cuts in 2024, and lower rates tend to kickstart boom cycles for penny stocks. With rates

Penny stocks, known for their riskiness, experience rapid surges and falls due to low volume, affordable pricing and operational factors. However, for informed investors, there are penny stocks to buy that offer a chance to secure substantial gains at low costs. Recent developments suggest a high likelihood of consecutive rate cuts in 2024. This is a scenario where penny stocks typically thrive. However, expectations should be tempered in comparison to the cheap debt era. With anticipated rates

Today, massive short-squeeze opportunities aren’t as common as they once were. The advent of rapid, high-frequency trading and automated management systems lets short sellers closely track a stock’s movement and jump into action before the conditions for a short squeeze fully materialize. Still, certain heavily shorted stocks present the potential for quick gains as short sellers exit their positions. But high short interest isn’t the best indicator on its own — you have to look at the company’s

3D printing stocks haven’t seen the surge in popularity they once did — investors recognized that the sector is capital-intensive and, while the industry matures, low margin. But that’s beginning to change as the top 3D printing stocks pivot away from focusing on hardware and begin focusing on niche, targeted software to maximize existing hardware’s potential. Expected to hit over $50 billion by 2030, the 3D printing sector is rapidly growing even as investor attention shifts away from once-popu

As measured by the S&P 500, U.S. equities are up a solid 10% since January 1st. However, one segment hasn’t yet caught up to the running bull market: the penny stock sector. The Russell 2000, a reasonable proxy for penny stocks to buy, returned just under 3% over the same period. But that may soon change. After last week, we know that the likelihood of successive rate cuts in 2024 is high. Few stock sectors surge as much during low-rate periods as penny stocks. To be clear, we aren’t going to co

BOSTON, March 22, 2024--The total contract value of dentists signed up for the ScanUp digital dentistry adoption program and ecosystem now exceeds $32 million

While waiting for the Reddit IPO to (likely) crash and burn based on massive oversubscription and limited prospects, some retail traders see the stock as a short-squeeze superstar in the making. Since so many expect the stock to suffer once it hits public markets, the thesis affirms that massive short selling from the outset will artificially suppress per-share pricing. At the same time, high borrowing costs increase the chances of rapid position closing, which triggers a short squeeze. While th

Desktop Metal, Inc. (NYSE:DM) Q4 2023 Earnings Call Transcript March 18, 2024 Desktop Metal, Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Greetings, and welcome to Desktop Metal’s Fourth Quarter and Full Year 2023 Earnings Conference Call. [Operator Instructions] […]

Desktop Metal Inc (DM) Announces Fourth Quarter and Full Year 2023 Financial Results

BOSTON, March 15, 2024--Desktop Metal, Inc. (NYSE: DM), a global leader in Additive Manufacturing 2.0 technologies for mass production, today announced its financial results for the fourth quarter and full year ended December 31, 2023.