penny stocks to watch now

3 Penny Stocks to Add to Your Watchlist in Mid-November 

If you’re looking for penny stocks to buy in 2021, there are plenty of options. But, to have the best chance of making money with penny stocks right now, investors need to understand how the current environment will affect the stock market. 

For that reason, let’s get into what investors need to know about buying and selling penny stocks right now. On November 16th, stock futures were edging higher following positive retail sales data for October. Alongside this, we saw a sizable pullback with cryptocurrency, resulting in Bitcoin correcting to under $60,000 before pushing back up. 

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What we do know about the stock market in mid-November is that there is a high degree of uncertainty. And this uncertainty continues to play out with high volatility daily. As a result, investors need to stay on their toes as this will provide the best opportunity to profit from price movement. With all of that in mind, let’s take a look at three penny stocks to watch in Mid-November. 

3 Penny Stocks to Watch in November 2021

  1. Fuel Tech Inc. (NASDAQ: FTEK
  2. iQSTEL Inc. (OTC: IQST)
  3. Sesen Bio Inc. (NASDAQ: SESN

Fuel Tech Inc. (NASDAQ: FTEK)

Fuel Tech Inc. is an industrial penny stock that has climbed by roughly 10% in the past five days and over 120% in the past year. This company offers air pollution reduction, boiler optimization, efficiency improvement, and more related to the fuel industry. These services are offered to both utility and industrial customers all over the world. Its air pollution control division is set on reducing NOx emissions in flue gas from boilers, furnaces, and more. It’s FUEL CHEM division provides programs to make combustion units more efficient, reliable, fuel-flexible, and more.

On November 9th, Fuel Tech provided its third-quarter financial results for 2021. During the quarter, its consolidated revenues fell to $7.6 million from $8.2 million the previous year. This happened because of revenue declines in its air pollution segment but was offset partially by higher revenue at its FUEL CHEM division. Fuel Tech’s gross margin was 49.2% compared to 72.4% the previous year.

“We reported profitable operations in the third quarter, progressed in the ongoing development of our Dissolved Gas Infusion (DGITM) business, and ended the quarter with $36.3 million in total cash and no debt.”

CEO and President of Fuel Tech, Vincent J. Arnone

In the last 5 days, FTEK stock has been climbing upwards. And while these results are nothing to write home about, they are positive and show that the company is working hard to grow. Noting this info, will FTEK be on your penny stock watchlist?



iQSTEL Inc. is a communications company that offers telecom and tech solutions. Its solutions include international long-distance voice services for telecoms operators. It also offers submarine fiber-optic network capacity for 4G and 5G. In addition, iQSTEL works in infrastructure connectivity, Cloud-PBX, IoT services, blockchain, payment solutions, and much more.

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On November 15th, the company published a letter to shareholders from the CEO which contained many updates. The company’s revenue grew 59% year over year to a total of $46.84 million. During the same period, its gross profit went up 95% to $1.37 million. Now, iQSTEL’s dilutive debt is at zero compared to $8.43 million previously. The company believes it is making its way towards breakeven and profitability soon. This is all highly positive and could explain the 20% gain we’ve seen with IQST stock in the past five days.

“iQSTEL has never been in a greater financial position and with better financial performance resulting from the successful execution of its business plan. iQSTEL has been a debt-free company since February 2021. No Reg-A shares have been sold since March 2021, and the quarter-after-quarter net income improvements put the company on a clear track to reach break-even in the short term.”

CEO of iQSTEL Leandro Iglesias

One thing to keep in mind is that IQST is listed on the OTC market. And as a result, it can be subject to higher volatility and lower liquidity than other stocks. But, considering this information, will IQST stock be on your watchlist moving forward?


Sesen Bio Inc. (NASDAQ: SESN)

Sesen Bio Inc. is a biotech corporation that has grown in value by around 27% in the past month. Despite a major drop-off in mid-August that resulted in SESN losing more than 70% of its value, shares have since begun to creep back up. If you’re not familiar, Sesen is a company that offers products for treating cancer patients. Sesen’s product lineup is focused on targeted fusion protein therapeutics for this purpose. The company is involved in the design, engineering, development, and commercialization of its therapeutics. It currently offers Vicinium which is in Phase 3 clinical trials to treat invasive bladder cancer.

On November 8th, Sesen reported its third-quarter results for 2021. Its cash, cash equivalents, and restricted cash totaled $175.3 million as of the end of this period compared to $55.4 million on December 31st, 2020. The company’s R&D expenses decreased from $10.2 million to $5.2 million year over year. This had to do with lower costs associated with tech transfer and manufacturing, offset partially by increased license fees.

“Our team is making progress in advancing our dialogue with the FDA as we work toward potential resolution of the issues raised in the CRL for Vicineum, as demonstrated by our recent CMC Type A Meeting with the agency.

We remain dedicated to saving and improving the lives of patients, and we look forward to continuing to work collaboratively with the FDA in our upcoming Clinical Type A Meeting, expected later this year, to carry our mission into the next stage of the regulatory process and beyond.”

President and CEO of Sesen Bio, Thomas Cannell

In the last 30 days, SESN stock has increased significantly as mentioned above. With this to note, will SESN be on your list of penny stocks to watch?


Are These Penny Stocks on Your Watchlist Right Now?

Finding the best penny stocks to buy can be tricky given the current state of the stock market. However, the massive movements that we are witnessing also offer a chance to make money with penny stocks.

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In order to take advantage of this, investors need to have a thorough understanding of everything that is affecting both the penny stocks on their watchlists and the industries that they are in. With all of that in mind, which penny stocks are on your watchlist right now?

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