Penny stocks are going to be very popular in 2021 because people will be sorting to lower mediums to invest their money. The bigger investments are already here, however, investing in smaller mediums such as penny stocks will be a trend to watch this year.
If you are interested in investing in penny stocks in 2021, here are 3 to look out for.
Seanergy Maritime Holdings Corp. (NASDAQ: SHIP)
Priced at $2.0100 at the stock exchange today, Seanergy Maritime Holdings. Corp. (NASDAQ: SHIP) has a market cap of 161.941 million and a total debt to equity ratio (D/E) of 2.067 which reveals good numbers about the company’s financial health. Another good measure of the company’s health is its performance in the last six months which shows an upward momentum in its stock price.
Most of Seanergy Maritime Holdings Corp. outcome comes out of the evaluation of their high quality fleet which they did in cooperation with a known classification society. Seanergy has been on the front of most regulatory and environmental developments in this sector. Furthermore, Seanergy is the only pure-play Capesize ship in the US, which further adds to its credibility. The company provides dry bulk transportation services to 11 Capesize vessels which is another reason to invest in it. Seanergy Maritime Holdings Corp. (SHIP) will gain popularity in 2021 when businesses, shipments and logistics expand. Therefore, it is one of the penny stocks to watch in 2021.
Southwestern Energy Co. (NYSE: SWN)
Southwestern Energy Co. (NYSE: SWN) is priced at $4.34 today at the stock exchange today. With a high market cap of 2.92 billion, Southwestern Energy Co. (NYSE: SWN) has had a consistent performance in the last one year that shows its stability. A stock that is stable is one that is worth your time and investment.
Furthermore, Southwestern Energy Co. is a well-known leader in environmental stewardship. Southwestern’s prime focus is on lowering greenhouse gas emissions. The company plays an integral role in providing clean burning and low carbon natural gas to countries around the world. Southwestern Energy helps in reducing greenhouse gas emissions which is useful and worthy in many ways.
If you are an investor looking to invest, Southwestern Energy Co. shows good and positive trends. If you can take on risk, Southwestern Energy Co. makes a good bet. Furthermore, as natural gas prices continue to rise in the coming months, which they most likely will, because businesses will try to expand after the corona pandemic, investors could benefit greatly through Southwestern Energy Co. Southwestern is, therefore, a good choice when it comes to penny stock investments in 2021.
American Nortel Communications Inc. (ARTM: US)
Finally, if we are talking about penny stocks in the United States, the third option is American Nortel Communications Inc. (ARTM: US). A reseller of 1-Plus and 1-800 and 888 long distance telecommunications services, American Nortel Communications Inc. resells to its customer’s long distance telephone time which it purchases from other long distance carriers. The company is catering to business and residential customers. Priced at $0.1950 USD today, American Nortel Communications has a market cap of $2.97 million and a trading volume of 259, 971. It is affordable and has been consistent in its performance in the last one year. Furthermore, from January to February 2021, the stock has performed well and has risen marginally. American Nortel, therefore, gives you a good reason to invest in it for you can make bigger gains off of smaller investments in it. As the need for communication increases this year, American Nortel would also make for a good investment in 2021.