3 Penny Stocks to Watch in February 2022
If you’re looking for the best penny stocks to buy in February, there are hundreds of options to choose from. Now, understanding exactly where to look and what the best options are, comes down to two things; your strategy, and your investing goals. Both of these will have a major effect on how you trade penny stocks and whether or not you can achieve profitability.
How to Invest in Penny Stocks in 2022
Usually, we can break it down into two strategies, long and short term investing. These are relatively self-explanatory, understanding which penny stocks fit into which category is crucial.
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For example, less volatile stocks are more likely to be better long term investments than highly volatile penny stocks. While this is not a guarantee, it is often how investors tend to go about it. Now, the next aspect to understand about trading penny stocks in 2022 is what is going on in the stock market.
Right now is arguably one of the most volatile times of the past few years. With Covid, inflation, interest rates, and now geopolitical turmoil in Ukraine, there is a lot to keep track of. And all of this has contributed to the overwhelmingly reactive stock market we’re seeing today.
So, while there is not one factor specifically that investors should look at, all of these should be considered simultaneously. With this in mind, let’s take a look at three penny stocks to add to your February watchlist.
3 Penny Stocks to Watch Right Now
- AgriFORCE Growing Systems Inc. (NASDAQ: AGRI)
- Southwestern Energy Company (NYSE: SWN)
- Meten Holding Group Ltd. (NASDAQ: METX)
AgriFORCE Growing Systems Inc. (NASDAQ: AGRI)
One of the larger gainers of the day on February 15th is AGRI stock. By EOD, shares had climbed by over 15% to more than $1.82 per share. This is a substantial increase that brings its five day gain to over 30%.
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The main reason for this uptick comes as the company announced a definitive agreement to acquire Delphy. Delphy is a European agriculture consulting firm, for those unfamiliar. In 2020, Delpy brought in more than $26 million in revenue and expects that to increase as its results come out for 2021.
“We expect the acquisition of Delphy will be transformative for the Company, as it significantly enhances the value proposition that we can offer customers in the AgTech industry. We expect the combined company will emerge as a global player with top-tier R&D capabilities, a more diverse product pipeline, increased IP development capabilities, and a broader footprint.”
The CEO of AgriFORCE, Ingo Mueller
With this big news in mind, do you think that AGRI stock is worth adding to your list of penny stocks to watch or not?
Southwestern Energy Company (NYSE: SWN)
SWN stock is a penny stock that we have covered extensively over the past few weeks. And with a 1.8% gain at EOD on February 15th, it is once again in the spotlight. In the past five days, shares of SWN stock have shot up by over 7% and in the past six months by more than 12.8%. The most recent news from SWN came on February 8th when it announced the expansion of its RSG well certification and monitoring program.
“Southwestern Energy’s commitment to obtain third-party certification for our entire portfolio across Appalachia and Haynesville allows our stakeholders to receive independent verification that all of SWN’s production meets and exceeds the highest and most rigorous RSG standards.
The ability to monitor emissions from our operations at the pad level is a clear differentiator and will allow SWN to efficiently and effectively reduce emissions.”
The CEO of Southwestern Energy, Bill Way
Right now, there is a lot of bullish sentiment in the oil and gas industry. And while SWN stock can be quite volatile, it is seeing popularity in the market. With this in mind, does SWN deserve a spot on your penny stocks watchlist or not?
Meten Holding Group Ltd. (NASDAQ: METX)
Pushing up by over 7% by midday today is METX stock. This comes as many other Chinese education stocks also climbed during trading today. In the past five days, shares of METX have shot up by over 15%, which is no small feat. And, this is especially encouraging considering the majorly poor performance that the industry has witnessed over the past year or so.
The most recent news from Meten came at the end of January when it announced the launch of a trial for Metaverse Vocational Education Courses. The company states that this will cover a large number of subjects in the Metaverse and teach students how to take advantage of it. A few months back, China essentially imposed a ban on for profit tutoring. This resulted in many Chinese education companies losing almost 90% in value.
And as a result, these businesses have had to find a way around the restrictions in order to continue bringing in revenue. So, while it is challenging, Meten seems as though it is working to be as creative as possible in these challenging times. With this considered, does it deserve a spot on your list of penny stocks to buy?
Which Penny Stocks Are You Watching Right Now
If you’re looking for the best penny stocks to buy, there are hundreds of options to choose from. While it can be difficult to pick, understanding what is going on in the stock market and how to take advantage, will both work in tandem to give you a greater chance of profitability.
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As stated earlier, right now, it also comes down to what is going on in the stock market. To account for this, investors have to think outside of the box and look at how each event will impact both industries at large and the penny stocks on your list. In addition, having a thoroughly thought out trading strategy and using it, will be a major benefit to your investing. So, with this in mind, which penny stocks are you watching right now?
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