Atlantic American (AAME)

Holding company Atlantic American ( AAME) operates through its subsidiaries within life, health, property and casualty insurance industries. Atlantic American's largest subsidiaries are the American Safety Insurance Company, American Southern Insurance Company and Bankers Fidelity Life Insurance Company. Year-to-date, this penny stock has climbed 12.5% and has jumped an impressive 77.8% over the past 12 months. With a market cap of $32.1 million and a stock price of $1.44, Atlantic American could be a valuable penny stock to buy due to its strong gains in recent history.