Are These 3 Penny Stocks on Your Watchlist?
When making a penny stocks watchlist, there are a few things that all investors should know. And in 2022, understanding exactly what is going on with penny stocks is crucial to making money with small caps. Today, we witnessed the S&P 500 and the NASDAQ jump for a second consecutive day. This follows a month of disappointing trading which made January the worst month since March 2020 for the S&P.
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“Between the amount of volumes that we saw and the massive swings that we saw in markets, the volatility really felt like it had a crescendo.”
Art Hogan, the Chief Market Strategist at National Securities
Trading Penny Stocks in February
Trading either penny stocks or blue chips has been extremely difficult in the past month. Not only has the market been in a downward spiral overall, but, the spikes and troughs have presented a staggering number of fluctuations. So, with the stock market in a very unpredictable place right now, understanding where to go next can be difficult. But, having a consistent trading strategy and method to making money with penny stocks, will always be key.
The largest pressing factors continue to be inflation, interest rates, the pandemic, and rising geopolitical tensions with Russia. While this is a lot to take in, each of these also individually present a sizable amount of opportunity to take advantage of in terms of resulting price movement. With that in mind, let’s take a look at three penny stocks to add to your watchlist next month.
3 Penny Stocks to Watch Next Month
- TDH Holdings Inc. (NASDAQ: PETZ)
- Camber Energy Inc. (NYSE: CEI)
- Arrival SA (NASDAQ: ARVL)
TDH Holdings Inc. (NASDAQ: PETZ)
With an over 11% gain today, PETZ stock is once again in focus. In the past month, shares of PETZ have shed over 88% in value. This is a staggering drop, and took place mostly in a few days during the beginning of January. While no recent news has resulted in either this major drop or the move today, we can look at its first half 2021 financial results.
In the results, the company posted a decrease in revenue of around 50% to $0.13 million. It stated that this decrease is due to an uncompetitive sales price, suspension of its overseas e-commerce business, and large debt on its books. So, all of this has resulted in a very tough situation for TDH Holdings and one that has left investors with little confidence in the future of the company. If you’re not familiar, TDH Holdings is a producer of pet food products. This includes those that are sold under a variety of brands in China, Asia, and Europe.
While the rate of companion pet adoption has increased steadily during the past two years, it looks like TDH Holdings has a long way to go before it could come back. However, today’s move in price means that it could be worth watching as a highly volatile play. With that in mind, will PETZ be on your penny stocks watchlist?
Camber Energy Inc. (NYSE: CEI)
Camber Energy is a popular penny stock that we have covered numerous times in the past few months. Today, shares of CEI stock managed to climb by around 4% which brings its six month gain to over 29%. Now, it’s tough to say whether CEI stock is worth buying because there are plenty of pros and cons.
On one hand, the CEI stock is quite cheap, and the company does have a sizable number of promising business opportunities on the horizon. However, CEI stock is also extremely volatile and has been the subject of large price swings due to Reddit, other social media, and massive overall speculation. Now, those who invest in penny stocks are likely used to this high level of volatility, however, there is also a threat of de-listing on the table.
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This delisting threat comes as the company is not currently in compliance with Section 1007 of the NYSE American Company Guide. This guide states that it needs to produce timely filing such as its Form 10-K and Form 10-Q. Now, it has an extension to produce these by February 15th to aid this delinquency. So, considering that, is CEI stock worth adding to your list of penny stocks to watch?
Arrival SA (NASDAQ: ARVL)
One of the biggest gainers of the day is ARVL stock, which shot up by over 23% by EOD on January 31st. If you’re not familiar, Arrival is working to offer groundbreaking eco-related solutions. The company creates a variety of products for a zero-emission and sustainable future.
This includes those in the product industry, automotive, mobility, fintech, and much more. As a vertically integrated company, Arrival has plenty of opportunity to capitalize on this growing sector right now. A few days ago, the company announced that it would report its Q4 2021 and full year 2021 results before the market opens on March 2nd, 2022.
And, while shares have fallen substantially in the last week or two, some investors are showing faith in the potential future of the company. But, as with the other two on this list, it’s crucial to keep a close eye and expect more volatility moving forward. With that in mind, will ARVL be on your watchlist next month?
Which Penny Stocks Are You Watching Right Now?
As we continue to move through 2022, there is a lot for investors to keep track of. And, having a thorough understanding of exactly what’s going on in the stock market continues to be crucial. With so many factors to look into, it can seem like a daunting task to stay up to date with the latest. But, doing so can very quickly mean the difference between profits and losses.
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With penny stocks, we tend to see speculation remain very high. This means that investors need to be watching daily price movement and monitoring for changes. With all of this in mind, which penny stocks are on your watchlist right now?
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