3 Penny Stocks to Add to Your April Watchlist 

If you’re looking to find penny stocks to watch next month, there are a few things you need to keep in mind. The stock market is always changing, so it’s important to stay up-to-date on the latest news and rumors. With penny stocks specifically, we see news and events cause the majority of movement. This is known as speculation and is one of the most important things to consider when trading penny stocks.

When looking for penny stocks to watch in April, be sure to keep an eye out for stocks that have shown movement in the past few weeks. These penny stocks tend to see more movement and can often be considered more popular than others. This means that the potential to profit off of large intraday movements is palpable. However, they can also be riskier, so be sure to do your research and understand   the risks involved.

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Another key factor to keep in mind when looking for stocks to watch is the overall market sentiment. If you’re confident in the market’s direction, it might be a good time to look for stocks that could outperform.

Alternatively, if you think the market might be headed for a correction, it may be better to look for more stable penny stocks. Regardless, with the high volatility we’ve witnessed in the past few weeks, its likely that movement will remain high in the coming weeks. 

So, if you’re looking for penny stocks to watch in April, be sure to keep an eye on the news, sentiment, and movement. Doing your due diligence will help you make sound investment decisions and could lead to profits down the road. With this in mind, let’s take a look at three penny stocks to watch next month. 

3 Penny Stocks to Watch in April 2022

  1. Camber Energy Inc. (NYSE: CEI)
  2. Draganfly Inc. (NASDAQ: DPRO)
  3. Denison Mines Corp. (NYSE: DNN)

Camber Energy Inc. (NYSE: CEI)

Camber Energy Inc. is a penny stock that we have discussed frequently over the past few months. And as a trending penny stock and a popular stock on Reddit, Camber continues to be a choice for many investors. Now, in the past one month, shares of CEI stock have shot up by over 60%. This is a substantial increase that reflects both the bullishness on Camber Energy and the energy industry as a whole during that time.

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One thing to understand is that CEI stock is highly volatile. This means that many investors have decided to trade CEI stock rather than invest in it for the long term. And, this is a sentiment we often see with penny stocks as their movement is more geared to short term swing trading.

In addition to this, price moves like that we see with CEI, can also lead to major losses in a short time frame. So, make sure that you have a thorough understanding of your investing style and goals before putting any money in. With this in mind, do you think that CEI stock is worth adding to your penny stocks watchlist or not?

Penny_Stocks_to_Watch_Camber Energy (CEI Stock Chart)

Draganfly Inc. (NASDAQ: DPRO)

Another penny stock that investors have been watching recently is Draganfly Inc. DPRO saw major popularity on March 22nd, after shooting up by over 87%. While it has calmed to a five day gain of around 50%, the stock is still on many investors lists. So, why is DPRO stock moving right now? The major news for the company came on March 22nd when it announced that it received an order for lifesaving drones in Ukraine.

“We are extremely honored to work with RSU and Coldchain Delivery Systems to support those affected by the ongoing crisis in Ukraine. Draganfly has a long and proud history of supporting EMS services and humanitarian aid operations globally. Our Medical Response and Search and Rescue Drones will help RSU deliver critical supplies, equipment, and visual oversight.”

The CEO of Dragonfly, Cameron Chell

Right now, there is a major focus on everything having to do with Ukraine. And because this deal concerns this prominent topic, it’s clear that investors are interested in it. In addition, this order for 200 drones should offer a sizable amount of revenue to the company. Whether this makes DPRO stock worth adding to your list of penny stocks to buy is up to you.

Penny_Stocks_to_Watch_Draganfly

Denison Mines Corp. (NYSE: DNN)

If you’ve been investing in penny stocks in the past few weeks, you’ve likely heard of Denison Mines Corp. And in the past six month and one year periods, shares of DNN stock have shot up by over 15% and more than 55% respectively.

These major gains reflect Denison as a company and the uranium industry. Recently, uranium has been highlighted a the price of oil has skyrocketed. Given the conflict in Ukraine, Denison has seen more attention than usual due to its role in the energy industry. While DNN stock can be volatile, it is clear that the company has a lot to offer investors.

It is well understood that nuclear is one of the most environmentally friendly and efficient sources of power. And for that reason, many investors believe that it could be the future of energy use globally. While it may take some time to move beyond the characterization of nuclear as dangerous, there’s no doubting the potential that it has. Considering all of this, do you think DNN is worth buying or not?

Penny_Stocks_to_Watch_Denison

Which Penny Stocks Are You Watching Next Month?

Are penny stocks worth investing in? It depends on both the stock, and your investment goals.Some penny stocks are much riskier than others, so you need to be careful when choosing which stocks to invest in. If you’re looking for a safe investment, then penny stocks may not be the best option for you. 

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However if you’re looking to capitalize on short term gains, then penny stocks could be a good option. At the end of the day, investors need to make sure that they do  research thoroughly before investing, and always remember to manage your risk. With that in mind, which penny stocks are on your April watchlist?

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  • 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

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