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5 Penny Stocks To Watch If You’re Concerned About Coronavirus

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Coronavirus Penny Stocks #2: Alpha Pro Tech (APT)

Though this is no longer a penny stock after today, Alpha Pro Tech (APT – Free Report) caught the attention of coronavirus stock seekers this week. Last Friday (1-17) shares closed at $3.50 which continued a relatively lackluster month up to that point. However, this week got off to a running start. APT stock opened on January 21 at $4.25 and eventually reached highs of $6.87 on the 24th.

Where does Alpha fit into this mix? Well, believe it or not, it isn’t a vaccine developer and it doesn’t have any biotech pipeline either. Simply put, the company makes face-masks. Think of this as a “picks and shovels” type of play on coronavirus. As basic as it sounds, when there’s a virus outbreak, people cover-up.

And based on the market’s response, they appear to think a lot of people are looking to cover up in the near term. Whether or not that translates to a sustainable move is in the air. But for the time being, Alpha Pro has found itself in the coronavirus stocks list.

By J. Samuel

As a trader and expert finance writer, I enjoy finding new and emerging trends that may have been overlooked by the average masses. If there's one thing that a trader or investor wants to know, it's how to use valuable data to their advantage. My expertise is in uncovering this data and compiling it into actionable information. As a professional finance writer, I've contributed to many of the top finance platforms and pride myself on researching factual, publicly available information and using that in all of my articles.

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