This Day On The Street
Continue to site
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

6 Electronics Penny Stocks With Upside

By Louis Navellier for InvestorPlace

NEW YORK ( InvestorPlace) -- If you're looking to cash in on the tech boom, consider these 5 electronics company penny stocks. They aren't true penny stocks, because they trade for more than a dollar a share, but all are incredibly affordable and have offered investors breakout growth recently.

Here are my five penny stocks to buy this week:

Advanced Photonix

Advanced Photonix (API) develops and manufactures optoelectronic devices and systems. That's a fancy way of saying it makes parts for an array of devices that deal with light and UV waves, from liquid crystal displays to lasers to solar cells. API is a supplier, and mainly works with global manufacturers from various industries instead of creating complete devices on its own. Over the past 12 months, API stock has jumped 119%, compared with a gain of 10% for the Dow Jones Industrial Average. Impressively, this penny stock is up 60% over the past three months alone. Another important statistic worth noting is API's quarterly revenue, which is up 29% year over year. API trades near its 52-week high with a range of 41 cents to $2.18, so now may be a time to buy before another leg up.
  • Related Article: 5 Hot Consumer Stocks to Buy
  • LRAD

    Based in California, LRAD (LRAD) designs, develops and sells sound technologies and products. LRAD is known by many as American Technology Company, which is its former name. Since last January, LRAD stock has climbed 74%, compared to smaller gains by the broader markets. After slipping slightly in late September, LRAD stock is up 45% over the past three months. LRAD is also just off its 52-week high of $3.10. Buy this stock now.
  • Related Article: 5 Bargain Stocks for Less Than $5
  • RF Monolithics

    RF Monolithics (RFMI) is a designer, developer and manufacturer of wireless connectivity products. RFMI has posted large gains over the past 12 months, and in that time the penny stock is up 76%. More recently, RFMI has gained 69% over the past two weeks. Likewise, RFMI posted a quarterly revenue growth of 14%, year over year, in its last income statement. Lastly, RFMI is a penny stock worth buying, because it is currently trading very close to its 52-week high.
  • Related Article: 8 Dividend Picks Likely to Raise Yields Soon
  • 1 of 2

    Check Out Our Best Services for Investors

    Action Alerts PLUS

    Portfolio Manager Jim Cramer and Director of Research Jack Mohr 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

    David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

    Product Features:
    • Model portfolio
    • Stocks trading below $10
    • Intraday trade alerts
    14-Days Free
    Only $9.95
    14-Days Free
    Dividend Stock Advisor

    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
    Real Money

    More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

    Product Features:
    • Access to Jim Cramer's daily blog
    • Intraday commentary and news
    • Real-time trading forums
    Only $49.95
    14-Days Free
    14-Days Free
    API $0.40 0.00%
    ELTK $1.24 -0.01%
    AAPL $93.00 -1.30%
    FB $99.75 -1.20%
    GOOG $671.94 -1.80%


    Chart of I:DJI
    DOW 15,560.85 -353.89 -2.22%
    S&P 500 1,819.97 -31.89 -1.72%
    NASDAQ 4,234.2370 -49.3550 -1.15%

    Free Reports

    Top Rated Stocks Top Rated Funds Top Rated ETFs