Top 5 Low-Priced Stocks to Watch in 2021
Explore the top five low-priced stocks to consider in 2021, including companies in energy, education, technology, asset recovery, and commodities. Learn about their growth potential and risks involved to make informed investment choices.
Top 5 Low-Priced Stocks to Watch in 2021
Low-priced stocks, often traded below $5 per share, are usually associated with smaller companies. Due to limited market interest, these stocks often have low liquidity, making it challenging for investors to sell at desired prices. While investing in such stocks can lead to substantial gains, they come with significant risks.
Here are the five most notable penny stocks of 2021:
NexGen Energy Ltd.
NexGen Energy Ltd., a Canadian firm focused on uranium exploration and development, saw a 271% increase in its stock value over the past year. Its impressive growth secures its place among the top low-priced stocks in 2021.
Zovio Inc. (ZVO)
This online education provider’s stock hit $7 earlier this year but experienced a dip due to weak outlooks and declining sales. Nevertheless, its strong financial metrics and coding bootcamps position it for future growth. The stock has increased by 22% since May.
Exela Technologies
Based in Texas, Exela offers large-scale transaction processing and information management services. Its current stock price is $1.60. As companies seek greater efficiency, the demand for automation solutions from firms like Exela continues to grow, bolstering its presence among top low-priced stocks of 2021.
National Asset Recovery Corp
This company specializes in repossessing vehicles and high-value assets such as planes, motorhomes, boats, and heavy machinery. While its operations are limited and it’s exploring various opportunities, it is considered a momentum-driven penny stock with no official website.
TD Holdings Inc.
This Chinese holding company is notable among penny stocks to watch in 2021. It focuses on commodity trading and supply chain management, mainly dealing in non-ferrous metals like gold, silver, zinc, and copper.
