With an effective strategy, investing in penny stocks under 50 cents can come with solid returns.
The best stocks under 50 cents have strong volume and momentum, which savvy investors can use to their advantage.
It’s important to note that investing in penny stocks with low share prices can be quite risky.
Although they are inexpensive to buy, they can be quite volatile.
Investors need to be aware of this risk before buying these stocks.
However, penny stocks under 50 cents can be a lucrative option for day traders.
The volatility that makes them a risky choice for long-term investment can actually be helpful for short-term trades.
With some research and an understanding of stock market patterns, you can time your investment to take advantage of these ups and downs.
We’ve rounded up the best penny stocks under 50 cents to add to your investment portfolio.
Best Stocks Under 50 Cents
Good Gaming Inc. (OTC: GMER)
Good Gaming, Inc. is an eSports company founded in 2008 and is headquartered in Pennsylvania.
It provides eSport venues, tournament hosting, non-fungible token (NFT) gaming, Minecraft servers, and content aggregation.
A big draw for this company are the collectible characters users can obtain through NFT tokens.
These tokens act as a unique currency and are quickly becoming popular in the gaming space.
Good Gaming, Inc. is also looking to incorporate cryptocurrencies in the near future as well.
The company’s stock price is currently up over 2,000% from last year.
With both NFTs and eSports starting to really take off, Good Gaming Inc. may find itself with two good eggs in one basket.
Caduceus Software Systems (OTC: CSOC)
Caduceus Software Systems is a company that’s spent a bit of time finding itself.
Based in Wyoming, the company started on products in the fishing industry before moving into the healthcare space.
Caduceus has taken on new leadership and recently McLovin’s Pet Food, Inc.
It has bolstered its online presence on big-box retailers and is working to make a name for itself in the retail space.
The company has only finally made a dent in the stock market earlier this year.
With a direction in place, investors have started to pick up stock, causing forward momentum.
That being said, Caduceus Software Systems is as volatile as any other penny stock.
If trends continue, investing in Caduceus could really take off.
Mountain High Acquisition Corp. (OTC: MYHI)
Over the past few years, many U.S. states have legalized marijuana in some capacity.
As a result, marijuana stocks have experienced plenty of hype.
Mountain High Acquisition is based in Scottsdale, Arizona, and is an acquisition company focused on marijuana and hemp-related assets.
In 2020, Mountain High acquired Versatile, a CBD company based in California.
The company’s decision to focus on hemp products could be very lucrative in the long run.
Hemp is currently legal at the federal level, which means you can sell CBD products in any U.S. state.
Marijuana is currently only legal on a state-by-state basis and is subject to much stricter regulations.
As a result, Mountain High and its subsidiaries will have a much larger potential market to work with.
Investing in this stock could be a way to invest in the nationwide CBD trend.
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Focusing on CBD and hemp products could set Mountain High apart from its competitors.
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Best Penny Stocks Under 50 Cents
Integrated Ventures Inc. (OTC: INTV)
Integrated Ventures Inc. is a holdings company looking to acquire or invest in businesses in the tech world.
The company took to cryptocurrency mining in 2019 as a way to bring in new revenue streams.
It hosts, manages, and operates equipment for other companies that can’t do so for themselves.
Not to stop there, it also creates firmware for equipment.
Just a few weeks ago Integrated Ventures picked up new mining equipment and anticipates over $10 million in mining revenues alone.
Its stock price looks to be on the rise again and is nearly 700% higher than it was at the beginning of the year.
With so much hype in this sector right now, Integrated Ventures may have uncovered something big.
Trevali Mining Corp (OTC: TREVF)
The Trevali Mining Corp is a Canadian business with its head office located in Vancouver, British Columbia.
The company focuses on mining zinc from four revenue-generating mines in Canada, Peru, Namibia, and Burkina Faso.
To diversify, it also explores for gold, silver, lead, and copper.
Trevali currently holds an option to acquire other mines in Canada and Namibia, allowing room for future growth.
In August of this year, the company ran a feasibility study on expanding operations at its Rosh Pinah mine.
To set itself apart, Trevali puts sustainability at the forefront of its goals, using proprietary technology to accelerate growth.
With eyes set squarely on the future, Trevali Mining Corp may be a strong investment moving forward.
Stocks Under 50 Cents On Robinhood
Northern Dynasty Minerals Ltd (NYSE American: NAK)
Northern Dynasty Minerals Ltd is another Canadian mining company with enough volume to earn itself a spot on the NYSE American Stock Exchange.
The company heads the Pebble Project, tasked with discovering and mining rhenium, gold, silver, copper, and molybdenum.
Anchored in Alaska, Northern Dynasty Minerals states this is the world’s largest untapped concentration of these metals.
The project is further designed to provide jobs and economic boosts to Alaskans.
With a market cap of $224 million, the company has a stronger foothold and some increased stability.
Northern Dynasty Minerals has come up against some opposition of late, and it’s unclear how this will affect operations moving forward.
If the company can overcome its obstacles, it has the potential to reach great heights.
Teligent, Inc. (NASDAQ: TLGT)
Teligent, Inc. is a New Jersey based pharmaceutical company of name brand and generic medications.
The company provides an increasing number of topical and injectible FDA-approved medications.
Even though small, Teligent meets all the criteria to be listed on NASDAQ.
Such a feat puts the company into a less risky category than some other small penny stocks out there.
In 2019, Teligent voluntarily recalled its topical lidocaine ointment for being too potent.
Although the setback affected their share price, there’s no telling if and when Teligent will come out with a drug that will put it back on the map.
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Should You Buy Stocks Under 50 Cents?
Many people avoid investing because they think they can’t afford to get started.
However, penny stocks come with a more accessible price point.
It’s important to note that investing in penny stocks isn’t going to make you rich right away.
You’ll need a good understanding of the market and the risks involved to make successful trades with penny stocks.
When looking at penny stocks at this price point, you’ll want to look at stocks that have consistent daily volume.
Higher trading volume makes a stock far less subject to volatility.
When trading volume is too low, just one trade can affect the stock’s share price.
Another factor to look at when investing in stocks under 50 cents is the company’s financial history.
Recent earnings reports, acquisitions, and other deals can send shares moving up and down.
Since the stock market is very cyclical, you can watch trading patterns to determine when to buy low and sell high.
An excellent way to find new penny stocks is by using a stock screener.
With a stock screener, you can scan for solid stocks that meet your trading criteria.
Tools like this can help you find the best possible investment for your goals and strategies to ensure you never miss a profitable trade.
They can also help you find OTCBB stocks and pink sheet gainers you might not have heard of before.
Many of these stock screeners will allow you to sign up free, but some do charge a monthly fee.
If you’re looking for affordably priced stocks and have a strong risk tolerance, these under 50 cents penny stocks could be a good choice for you.
Stocks Under 50 Cents: Final Thoughts
These stocks under 50 cents are hidden gems with exciting potential.
You can never predict exactly what’s going to happen with the stock market.
However, all of these companies have exciting things in the works that could help them break out of the 50 cent range.
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