This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Hot Penny Stocks to Buy

Stocks in this article: AIS JOEZ TSEM

Finally, let's look at Tower Semiconductor (TSEM). The stock is up 51% year-to-date, and is benefitting from a new tech boom as consumers continue to snatch up high-tech electronics even though other areas of spending are lagging. TSEM's first quarter earnings report topped expectations by 366%, and the semiconductor stock has seen a number of upwards revisions in recent weeks to next quarter's numbers. That means yet another impressive earnings surprise could be in the works as Tower Semiconductor keeps raising the bar. (P.S. I also highlighted Tower Semiconductor last week as a great penny stock to buy. It's up 7% in the last five trading days, proving I made a pretty good call!)

You get the idea from these three examples. As you can see, following the numbers provides the clearest reasons to buy stocks. That goes for big blue chips, but also for penny stocks too. And when you're searching for the best low-priced penny stocks to buy, having concrete numbers is invaluable.

To help you build a portfolio full of some growing penny stocks, check out these 24 picks that were all trading at less than $3 as of this morning's opening bell.

Hot Penny Stocks
*Click on Column Heads to Sort
Symbol Company Name Name Market Cap (M)
AEHR Aehr Test Systems Semiconductors $19.20
AIS Antares Pharma Health Care Equipment $143.40
ACLS Axcelis Technologies Semiconductors $179.00
CTHR Charles & Colvard Textiles and Apparel $55.40
CHCI Comstock Homebuilding Household Durables $34.30
EMMS Emmis Communications Media $85.70
HPOL Harris Interactive Inc. Media $62.50
IGOI iGo Inc. Computers & Peripherals $47.40
IMH IMPAC Mortgage Holdings Real Estate Investment Trusts $20.00
JOEZ Joe's Jeans Inc. Textiles and Apparel $140.80
LMLP LML Payment Systems Inc. IT Services $53.40
MGIC Magic Software Enterprises Software $67.00
MNDO MIND C.T.I. Ltd. Software $39.60
NENG Network Engines Inc. Communications Equipment $121.80
NEWT Newtek Business Services IT Services $47.10
OBCI Ocean Bio-Chem Inc. Household Products $15.90
PATK Patrick Industries Inc. Building Products $21.40
ROIAK Radio One Inc. Media $155.30
SLP Simulations Plus Inc. Software $34.20
SBSA Spanish Broadcasting System Media $110.50
TIII Tii Network Technologies Communications Equipment $21.90
TOF Tofutti Brands Inc. Food Products $14.70
TSEM Tower Semiconductor Ltd. Semiconductors $280.50
TTIL TTI Team Telecom Software $44.80


As of this writing, Louis Navellier did not own a position in any of these stocks in personal or client portfolios.

One of Wall Street's renowned growth investors, Louis Navellier is the editor of four investing newsletters: Emerging Growth (formerly known as MPT Review), Blue Chip Growth, Quantum Growth and Global Growth. His longest-running publication, Emerging Growth, has a track record of beating the market nearly 3 to 1. Navellier is the author of a BusinessWeek bestseller, "The Little Book That Makes You Rich," and the chairman and founder of Navellier & Associates, Inc.
2 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,416.85 +225.48 1.31%
S&P 500 2,021.25 +19.09 0.95%
NASDAQ 4,683.4070 +45.4130 0.98%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs