Penny stocks make up one of the more popular categories of stocks in the market and for good reason too. These are stocks that generally trade for less than $5 a share and hence, investors can accumulate a large number of these shares for a relatively low outlay.
However, if these stocks move upwards quickly then the investors can end up making a fortune. This morning, many investors are going to be focused on penny stocks as well, and here is a look at some of the stocks in which they may be interested in. Here is a look at five of those.
Rogue Baron Plc (OTCMKTS:SHNJF) – The first penny stock that makes it to this list is Rogue Baron Plc, which has come into focus in recent times due to the sort of work that is doing in the premium Japanese whiskey market.
The premium spirits company is currently involved in putting in place processes that is going to help it in meeting the surging demand in the market for Japanese whisky. The secret sauce for the company in this regard is the premium whisky brand Shinju Japanese Whisky, which it owns. Rogue Baron has also noted that it has put in place a long-term strategy that is not only going to be attractive to consumers but also to investors and also to bigger brands who might wish to acquire the company.
If an acquisition does happen then it may result in the stock delivering considerable gains to long-term investors and that is a possibility that may be on the back of the minds of many investors. The taste of Japanese whisky is quite similar to Scottish whisky and that is the reason why the market for the variant is growing. Rogue Baron is looking to cash in on it.
Global Technologies Ltd (OTCMKTS:GTLL) – The Global Technologies Ltd stock was on a roll last week as it attracted the attention of investors in a bid way and ended up with gains of as much as 150% amidst heavy interest.
Despite the heavy interest in the stock it ought to be noted that there was no news about the company last week and the rally may seem a bit random to certain investors. Global Technologies is best known for owning a platform that helps provide services like live shopping, product placement in brick and mortar establishments, and e-commerce. In light of the gains made last week, it is almost certain that the stock is going to be in focus among investors today.
RemSleep Holdings Inc (OTCMKTS:RMSL) – Another penny stock that had managed to make a big move last week was the RemSleep Holdings Inc stock which had managed to deliver gains of as much as 23%. While it is true that there was no news about the company last week, it should be noted that the company had made a major announcement the previous week on June 16.
At the time the company had announced an update to shareholders with regards to the S-1 filing it had made on June 15, 2022. It is going to be interesting to see if the stock can manage to hold on to its momentum this week.
GGTOOR Inc (OTCMKTS:GTOR) – The eSports industry has grown at a remarkable pace over the course of the past few years and companies in the sector have also managed to come under considerable focus among investors. One of the companies that you could look into from the sector this morning is GGTOOR Inc.
The company’s stock has been rallying steadily over the course of the past month and during the period it has managed to deliver gains of as much as 82%. It was in the news last week on June 21, when it announced its financial results for the period ended May 31, 2022. The revenues soared 582% year on year to $92399.
Code Green Apparel Corp (OTCMKTS:CGAC) – This past Friday the Code Green Apparel Corp stock extended its gains as it ended the day with gains of 8% and thereby took the gains for the whole week to as much as 40%.
However, there was no news at all about the company. The company is innovative and is best known for designing and manufacturing apparel products that are made from environmentally friendly as well as sustainable textiles. It may be a good move to keep an eye on it today.
Deep Green Waste & Recycling Inc (OTCMKTS:DGWR) – Last but not least, it is the Deep Green Waste & Recycling Inc that might be in focus among investors who may be keen to see if the stock can make a recovery.
Last Friday, the stock suffered from a selloff and went down by as much as 14% despite there being no news. It is a waste and recycling firm and is involved in the niche business of managing as well as designing waste programs for institutions as well as companies.
