7 Penny Stocks to Buy
Tower Semiconductor (TSEM)
Market Cap: $308 millionIndustry: Semiconductors
Tower Semiconductor (TSEM) is an independent specialty foundry that manufactures semiconductors. This penny stock's products are used in a wide range of consumer electronics including personal computers, medical device products and automotive products. A 53.6% year-to-date climb in stock price has Tower shareholders very satisfied. Additionally, this penny stock outperformed earnings estimates by 367% last quarter, and is hoping to maintain its positive momentum this quarter.
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