And finally, like Chembio, this play could do well given its COVID/Omicron exposure.īest Brokers for Penny Stocks Interactive Brokers A hammer candlestick, underpinned by strong trading volume, at the end of November is a good sign that the stock could be seeing a bullish trend reversal in the short term.įurthermore, from a fundamentals standpoint, a fantastic balance sheet and five-year average revenue growth-as well as excellent EPS this year-could draw more new investors to the stock. ( TOMZ) stock is looking very intriguing at the moment. From a non-technical standpoint, the group’s COVID-related products (diagnostic tests, specifically) should also be a draw to new shareholders given the global concern about the new Omicron variant. ( CEMI) stock gapped up by almost 6% around the end of November, which is a bullish sign for the short term. Now it is in focus once again due to a host of strong fundamentals, including 75.40% earnings per share (EPS) growth this year, a profit margin of 27.80%, and a P/E ratio of 10.79-all in a stock that is currently priced at only $4.24. At its peak, it racked up a 170% gain from the first time it was discussed here.

Taitron Components Incorporated ( TAIT) was a stock profiled in this column many times over 20. That said, a brighter future may await investors who enter Denison Mines stock now, given the company’s strong balance sheet (with quick and current ratios at 5.60 and 5.80, and zero debt/equity), the possible beginnings of a bullish morning star candlestick pattern, and triple-digit quarterly sales growth as of the most recent results. It has struggled since then, however, likely due to shareholders taking gains and a lack of newsflow to keep the momentum going. In the first half of November, Denison Mines Corp.

Streetsmart edge schwab