7 Robinhood Penny Shares Pushing Up Proper Now
On the lookout for the perfect penny shares to purchase on Robinhood? In 2021, there are many choices to select from. However, earlier than making a penny stocks watchlist, traders want to grasp what’s going on on the earth proper now. That is the easiest way to make sure that there aren’t any undesirable surprises in your portfolio. The primary and most evident impression available on the market in 2021 is the pandemic.
Whereas Covid initially wreaked havoc available on the market, case numbers are decrease than they’ve been in a number of months. Due to this, many traders are bullish on the longer term. The second facet to contemplate proper now could be the huge volatility of cryptocurrency. It is a sturdy indicator that traders are nonetheless extremely eager about low-priced securities. And, this might have a correlative impact with the inventory market and penny stocks particularly.
As a result of there are such a lot of various things impacting the market proper now, it may be powerful to maintain observe. However, with Robinhood making buying and selling accessible to everybody, buying and selling penny stocks is less complicated than ever. With this in thoughts, listed below are seven sizzling penny shares on Robinhood to observe proper now.
7 Robinhood Penny Shares to Watch in 2021
- Tellurian Inc. (NASDAQ: TELL)
- Kosmos Vitality Ltd. (NYSE: KOS)
- Camber Vitality Inc. (NYSE: CEI)
- Sos Ltd. ADR (NYSE: SOS)
- Ambev S.A. (NYSE: ABEV)
- Zomedica Corp. (NYSE: ZOM)
- Asensus Surgical Inc. (NYSE: ASXC)
Tellurian Inc. (NASDAQ: TELL)
Tellurian is an energy penny stock that engages in liquid pure gasoline (LNG) tasks. It holds a robust portfolio of LNG manufacturing, LNG advertising and marketing, and infrastructure property. Its infrastructure property embrace an LNG terminal facility with an hooked up pipeline that’s situated in southwest Louisiana.
Lately TELL has been engaged on a brand new development by way of its subsidiary, Driftwood Pipeline LLC, to use for permission to begin on a 200-300 pipeline challenge. This utility was filed with the Federal Vitality Regulatory Fee (“FERC”).
The proposed pipeline will be capable to improve provide availability in addition to meet the elevated demand for industrial, petrochemical, manufacturing, and Liquefied Pure Fuel within the Lake Charles space. Not solely will this present higher infrastructure for markets which are in want, however it’s going to even be a possibility for TELL to develop as an organization. Contemplating this, will it’s in your watchlist?
Kosmos Vitality Ltd. (NYSE: KOS)
Kosmos Vitality is one other vitality penny inventory and one which we’ve coated a couple of instances prior to now a number of months. This firm focuses on full-cycle deepwater oil and gasoline exploration alongside the Atlantic Margins. At the moment, vitality derived from pure gasoline and oil remains to be a really extremely valued product. And with Covid coming to an finish, extra folks touring means greater demand for fossil fuels. A lot of KOS’s key property embrace manufacturing in offshore Equatorial Guinea, the U.S. Gulf of Mexico, Senegal, Mauritania, and Ghana.
The current appointment of Roy A. Franklin to the board of administrators is an thrilling alternative for KOS to restructure its management. With over 45 years of expertise within the vitality trade the CEO of KOS, Andrew G. Inglis is optimistic in regards to the change.
“We’re delighted to have Roy be a part of the Kosmos Board of Administrators. He has a formidable file of accomplishment throughout the upstream sector. It is a time of problem and alternative within the upstream sector and I’m assured Roy’s in depth and assorted expertise will show invaluable on the Kosmos Board.”
CEO of KOS, Andrew G. Inglis
With this huge information in thoughts and KOSs function within the vitality trade, it may very well be an fascinating addition to your watchlist.
Camber Vitality Inc. (NYSEAMERICAN: CEI)
Protecting in theme with the opposite vitality shares talked about above, Camber Vitality is a well-liked penny inventory that’s on many traders’ radars proper now. This firm’s imaginative and prescient is to develop by way of the acquisition of property or entities which have steady income streams and upside potential.
Its Vitality Division is oriented in direction of the pursuit of exploring extra sustainable and worthwhile alternate options. It is a superb high quality to have in an vitality firm, particularly contemplating the strikes towards renewables proper now. Previously 12 months or so, authorities focus and funding proceed to be allotted in direction of extra sustainable methods to make use of and produce vitality.
Camber Vitality owns a number of working oil and gasoline fields throughout Texas, Louisiana, and Mississippi. It does this by way of its majority-owned subsidiary firm, Viking Vitality Group Inc. These properties embrace over 145 oil and gasoline wells with a number of future growth prospects that span a whole lot of miles.
By means of using 3D seismic knowledge, reprocessing, and AVO evaluation, CEI can render potential future properly alternatives for later enterprise ventures. The enterprise’s administration workforce consists of skilled professionals from Petroleum Engineering, Geophysics, Geology, finance, and people with leasing backgrounds. Contemplating this, what do you consider CEI as a possible penny inventory to observe?
Sos Ltd. ADR (NYSE: SOS)
Regardless of cryptocurrency markets being extraordinarily risky proper now, Sos Restricted remains to be working to push onward. SOS just lately introduced that it has obtained over 6,000 mining rigs within the final month, which are actually all absolutely operational. This consists of 575 Etherreum rigs producing 400 GH/s, and 5,464 Bitcoin rigs that produce 177 PH/s. In whole, this can generate over 1,400 GH/s for mining ETH mining and 527 PH/s for BTC mining.
The issues surrounding crypto mining proper now are that it’s too vitality intensive. So, it’s vital to know that round 90% of SOS vitality comes from renewable sources, making it considered one of just a few large-scale sustainable crypto miners available on the market proper now.
At its core, SOS is a cloud SaaS platform that gives on-line companies for emergency rescue applications. The aim of its on-line cloud know-how is to supply advertising and marketing options for its shoppers. However, SOS’s enterprise mannequin has continued to evolve over the previous few years, at all times sticking to trending alternatives. Given all this, what do you consider SOS inventory? Is it value including to your watchlist proper now?
Ambev S.A. (NYSE: ABEV)
One other penny inventory to pay attention to this month is Ambev S.A. Ambev is a Brazilian firm that makes a speciality of the manufacturing of carbonated mushy drinks, beer, and different non-carbonated, non-alcoholic drinks. Since 2005, operations have expanded tremendously for the corporate, which has given rise to a pointy improve in ABEV shares of over 20% YTD. Throughout instances of each hardship and prosperity, alcohol and beverage gross sales might be extraordinarily resilient. This may very well be one of many principal causes that so many traders like Ambev S.A.
The father or mother firm of ABEV, AB InBev, is a big a part of ABEV’s monetary backing. Proudly owning 62% of the corporate, AB InBev’s has put in place larger-scale operations and practices which have been permitted by senior managers. The opposite vital factor to notice is that when applicable, ABEV appoints executives from the father or mother firm. This retains in-house development fixed and continually enhancing. Contemplating all of this, will ABEV be in your listing of penny shares to observe?
Zomedica Corp. (NYSE: ZOM)
Zomedica Corp. is one other penny inventory that we’ve been discussing for fairly a while. Over the previous 12 months, shares of ZOM have elevated by over 145%. With a current announcement that it holds round $62 million in money, ZOM is predicted to have greater than sufficient funding for the foreseeable future.
As a veterinary well being merchandise firm, Zomedica has benefited tremendously from the rise within the adoption of companion animals through the pandemic. Initially, the pandemic meant veterinary places of work had been closed. However, now that case numbers are at extraordinarily low ranges, many vets report seeing as many sufferers as earlier than Covid.
Due to this, ZOM might see a correlative rise in its income because the demand for veterinary companies continues to extend. Zomedica’s principal product is called Truforma, which is a diagnostic software program that permits for extra correct knowledge and diagnostic profiling. Its function is particularly focused in direction of adrenal and thyroid issues, that are widespread in lots of companion animals.
The corporate sees a stark want for updating the know-how that veterinary clinicians use every day. And, its Truforma platform not solely makes diagnostics cheaper however extra correct as properly. Due to this breakthrough know-how, many traders are retaining a detailed eye on ZOM inventory.
Asensus Surgical Inc. (NYSE: ASXC)
Asensus Surgical Inc. is a medical machine firm primarily based in america, Europe, and Asia. This biotech penny stock researches, develops and sells medical machine robotics to boost minimally invasive surgical procedure. Asensus know-how digitizes the interface between the surgeon and affected person to make a brand new period of performance-guided surgical procedure by unlocking scientific intelligence for surgeons. This permits surgeons to persistently allow superior outcomes and set a brand new customary of surgical procedure.
This firm has caught consideration just lately with an announcement made on June eighth. Asensus Surgical introduced that it will likely be added to each the Russell 2000 and Russell Microcap indexes on the finish of the 2021 Russell indexes annual reconstitution. It will go into impact after the US market opens on June twenty eighth.
“We’re thrilled to be part of the Russell 2000 Index and consider that our inclusion will improve our visibility and publicity to traders. This milestone is a testomony to our onerous work to create worth for our stockholders by way of our technique and produce the Senhance System’s transformative know-how to surgeons, hospitals, and sufferers globally.”
President and CEO Anthony Fernando
With this arising very quickly, and the corporate’s current uptick, will ASXC make your listing of penny shares to observe this month?
Which Robinhood Penny Shares Are You Watching Proper Now?
Discovering the best penny stocks on Robinhood is all about realizing the place to look. Whereas it may be difficult because of the sheer quantity of small-caps which are publicly listed, being a worthwhile dealer in 2021 is totally attainable.
Contemplating the extraordinary instances we live in, we might proceed to see an excessive amount of momentum within the inventory market transferring ahead. With that in thoughts, which Robinhood penny shares are you watching proper now?