Green Penny Stocks to Watch

The penny stocks to watch can be a concern if you are an investor. Penny stocks are sometimes also called nano caps, small caps, or microcap stocks. However, the SEC defines a penny stock by the share price of the stock rather than the market capitalization factors. In the United States, the phrase penny stock is sometimes used to refer to stocks that are trading outside of the big exchanges, like the NYSE, AMEX, and NASDAQ. Penny stocks can cost more than a penny, and usually any stock which costs five dollars or less is considered to be in this category. This is also the definition given for penny stocks by the SEC. Because the price of these stocks is low, the chance for a big profit can be realized from buying penny stocks. It is important to remember that there can also be the potential for loss, since the companies are small and may not be well known.

A penny stock you may want to keep an eye on is Stevia First Corp., ticker STVF. This company has recently secured a lease for a major land position in the development of commercialization of Stevia operations. Stevia is a natural sweetener that can be used for products targeted for diabetics, as it does not affect the blood sugar level. With all the negative news coming out about artificial sweeteners, such as potential carcinogens, Stevia is a great product that might gain market share in the future. This is because this product is a natural sweetener, as opposed to an artificial one. This stock is a little under a dollar per share right now, but the company is poised to possibly take off, with a strong structure and competent management. The company has been receiving a lot of publicity from different sources and is taking huge steps towards large commercialization.

The Skinny Nutritional Corporation, ticker SKNY, is another penny stock that shows promise. The company has reached a distribution agreement with Snapple distributor Seaview Beverage, which has a network that consists of more than fifteen hundred retail accounts, to distribute Skinny Water. This product can be found at more than twenty five thousand retailers and growing. This stock is one to watch, because you never know how far up it may go, and the trading price of less than one cent per share makes it an inexpensive choice that could end up being very profitable if the product continues to gain popularity.
Always do your homework if you choose to invest in a penny stock. It is true that there is great potential for profit in these stocks, and finding the hidden gem is not impossible. However, the potential for loss is just as likely, especially in small companies with an uncertain future. Many blue chips started out small at some point, but their popularity and perseverance didn’t occur overnight. Be aware of the risks and rewards when trading in penny stocks, and apply a strategy such as limit loss to safeguard your investment.

The information supplied in this article is not to be considered as medical advice and is for educational purposes only.