With the market stabilizing after the pandemic, the stock market saw a rise in investment in penny stocks of different companies and fields. These are certain penny stocks that can be invested in.
- American Resources Corporation (NASDAQ:AREC)
The primary company on this list of penny stocks is the American Resources Corporation. They may be a provider of raw materials chiefly employed in infrastructural plans. The corporate focus on process carbon (coal) necessary for steelmaking and grouping minerals directed to the promising energy unit market.
Because of the rising significance that has stemmed from the reopening trade and a rush in electrification industries like EV, AREC stock has gained interest.
- Kosmos Energy (NYSE:KOS)
Energy and raw materials are a giant part of the reopening trade. Kosmos Energy falls right into the fold. This corporation may be a deepwater oil and gas discovery and production company. Its assets are offshore in Ghana, Equatorial Guinea, and therefore the U.S. Gulf of Mexico.
- ReShape Lifesciences (NASDAQ:RSLS)
Reshape styles medical devices for weight loss and metabolic health. Its FDA-approved Lap-Band plan permits for simply persistent treatment for obesity. The ReShape Vest System may be an untried laparoscopically established apparatus that wraps around the abdomen and is employed for weight loss.
Reshape conjointly provides reshape care for virtual weight-loss management to maintain current communication with board-certified health coaches.
- Seanergy Maritime Holdings business firm (NASDAQ: SHIP)
This corporation is a provider of dry bulk transport services. Following its next delivery, the business operates a fleet of sixteen Capesize vessels with a median age of 11.5 years and a mixture cargo-carrying capability of over 2.8 million dry-weight tons.
SHIP stock value movement has mirrored the same tone during a direction that other reopening stocks have seen.
- Tellurian Incorporated (NASDAQ: TELL)
Tellurian rounds out this list of penny stocks. Once again, we’re observing a reopening name. This corporation gives liquified fossil fuel services (LNG) to clients. This energy resource
has been seen as a “bridge fuel” within the shift to less carb-rich energy sources. It’s creating a portfolio for manufacture, advertising, trade, and infrastructure. This includes a 27.6 mtpa LNG export facility and pipeline.
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