best penny stocks to buy now

Are These 3 Penny Stocks on Your September Watchlist?

While trading penny stocks in September got off to a great start, it has since been quite up and down. This high level of volatility in the stock market is a key characteristic of buying and selling penny stocks and blue chips in 2021. 

And while the current state of the stock market may ignite fear for some, for others it presents an opportunity to make money. With penny stocks, many investors choose to use the swing trading method. This means buying for the potential that it may spike in the short term. And this makes sense given the high volume, high volatility, and high potential that certain penny stocks can have. 

[Read More] Best Penny Stocks To Buy Now? 4 Climbing As Meme Stocks Jump

However, if your trading strategy is not up to date, it could be easy to lose money just as quickly as it can be made. So, stay up to date with everything going on in the stock market and understand how it will affect your portfolio. With all of that in mind, let’s take a look at three penny stocks that you need to know about right now. 

3 Top Penny Stocks to Watch in September 2021

  1. SOS Limited (NYSE: SOS
  2. Ideanomics Inc. (NASDAQ: IDEX
  3. Jaguar Health Inc. (NASDAQ: JAGX

SOS Limited (NYSE: SOS)

SOS Limited is a penny stock that we have discussed frequently in the past few months. And due to its sizable YTD gain of almost 80%, SOS stock is once again in mind. It’s worth noting that in early morning trading, shares of SOS stock managed to climb by around 10% to $2.85 per share. For some context, this company provides data mining and analysis services to various businesses around the world.

Specifically, it provides marketing data, technology, and solutions for EMS, insurance, and health care companies. It also offers an SOS cloud emergency rescue service software. However, in the past year, it has shifted its focus heavily toward blockchain and cryptocurrency mining. So what has SOS Limited been up to recently?

In June, the company entered a joint venture agreement with Niagara Development. This joint venture was done to accelerate the company’s blockchain operations in the United States. Niagara Development will provide up to 150MW of electricity, including that taken from renewable sources. Niagara will also be responsible for the construction of the Digital Super Computing Custody Operation Center. SOS will provide the management, operations, and financing for the project.

“SOS continues to increase its development of comprehensive blockchain solutions for digital trade, digital finance, and other industries. We decided to acquire a sustainable power supply as far as possible, as we expand our blockchain operations into North America and look forward to successful operation of the joint venture.”

Chairman of SOS, Yandai Wang

Considering that blockchain and cryptocurrency are only rising in popularity, it’s no wonder that investors are focused on SOS stock right now. Keeping this in mind, will SOS be on your list of penny stocks to watch?

Penny_Stocks_to_Watch_SOS_Limited_

Ideanomics Inc. (NASDAQ: IDEX)

Ideanomics is an industrial company that is focused on the adoption of commercial electric vehicles and budding fintech solutions. In its EV department, it works to provide energy consumption and financial services related to the industrial adoption of electric vehicles. Its main goal is to offer easy electric vehicle solutions to commercial fleet operators. In addition, it offers procurement, financing, charging, and energy management needs to accomplish this goal for commercial fleets.

[Read More] Best Penny Stocks To Buy On Robinhood Under $1? 4 To Watch Now

On August 30th, the company agreed to acquire VIA Motors International Inc. for a 100-percent ownership stack in an all-stock transaction. This transaction valued VIA at $450 million in total. VIA Motors will manufacture commercial electric vehicles such as trucks and buses. This is big news, and only shows the high rate in which the EV industry is growing right now. 

“As we continue to grow into a leader in the commercial EV space VIA Motors adds valuable brand cachet and an exceptional manufacturing discipline to our portfolio. Bob’s proven executive leadership has helped establish VIA as a market disruptor and we are excited to welcome him and his team to the Ideanomics family.”

Shane McMahon, the Executive Chairman of Ideanomics

This is just one of the many projects that Ideanomics currently has in the works. And as a result, many believe in the company’s diversified future. So will IDEX stock be on your penny stocks watchlist in September?

Penny_Stocks_to_Watch_Ideanomics_Inc

Jaguar Health Inc. (NASDAQ: JAGX)

Jaguar Health inc. is a biotech penny stock that has managed to make some serious gains in the past twelve months. During that time, shares of JAGX stock have climbed by over 130%, which is no small feat. This company develops prescription medicines for treating GI conditions in both people and animals.

Its primary treatments are for helping those with chronic debilitating diarrhea as a side effect of more serious illnesses. In addition, its subsidiary Napo Pharmaceuticals Inc. develops and commercializes plant-based gastrointestinal pharmaceuticals for humans.

On September 3rd, the company announced a 1-for-3 reverse stock split. This reverse split was approved by a majority of common stock shareholders back in December 2020, however, it has taken some time to get to this point. These shares on a split-adjusted basis began trading on September 8th.

“We are grateful to our shareholders for voting to approve the proposal for a reverse stock split, and – in support of our strategy of focusing on long-term investors – we have decided to implement a reverse stock split at this time to get Jaguar’s quoted stock price more in line with typical institutional investing requirements.”

President and CEO of Jaguar Health, Lisa Conte

Just one day after the reverse split took place, JAGX stock managed to push up by around 1.52% in the market. The company’s volume is also much higher than its average at the moment. Noting this new reverse split and the potential that Jaguar Health could have, will JAGX stock make your September watchlist?

Penny_Stocks_to_Watch_Jaguar_Health_Inc._(JAGX_Stock_Chart)

Are These Penny Stocks on Your Watchlist in 2021?

Finding the best penny stocks to buy in 2021 goes beyond looking at the biggest gainers of the day. Rather, investors need to work hard to find penny stocks that could have value in both the long term, or find small-caps that show evidence of short-term potential.

[Read More] Best Penny Stocks to Buy Right Now? Here’s 3 You Need to Watch in 2021

In addition, understanding the current state of the world and socioeconomic trends, could help to point to potential winners. Considering all of this, are these penny stocks on your watchlist in 2021?


Sign up for our FREE Newsletter and get:

  • The Beginner’s Handbook For Trading Penny Stocks
  • Penny Stock Alerts And Ideas
  • Learn To Trade Penny Stocks
  • Free Access to The Fastest Growing Highest Rated Trading Chatroom
Privacy Policy

Midam Ventures, LLC | (305) 306-3854 | 1501 Venera Ave, Coral Gables, FL 33146 | news@pennystocks.com

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Junior Gold Stocks Creating Massive Opportunity for Investors!

An Immediate Stock Alert is Being Called On: IMC International Mining Corp…