It’s no secret that the economy is struggling right now. The media is filled with stories of businesses shutting down, people being laid off, and a general sense of unease about the future. In times like these, it can be tempting to just hunker down and wait for things to improve. However, if you’re an investor, this is actually the perfect time to start looking for opportunities. And one great opportunity can be found in penny stocks.
Penny stocks are shares of small public companies that trade for less than $5 per share. These companies are often overlooked by the mainstream media and Wall Street analysts. However, they can be a great way to grow your portfolio, as these companies often experience tremendous growth. Here are five penny stocks to watch in a failing economy:
ClickStream(OTC:CLIS) is a technology company focused on developing apps & digital platforms that disrupt conventional industries currently marketing &/or developing HeyPal™ &Nifter™.
Endexx Corporation (OTC: EDXC) is a provider of CBD products and services. The company has seen impressive growth in recent years, thanks to the increasing popularity of CBD products. Endexx’s stock price has increased from $0.02 per share in 2017 to $0.50 per share in 2020.The company develops and distributes all natural, plant-derived topical skincare and wellness products. Endexx products vary from balms, creams, lotions, butters, masks, scrubs, and oils, all with the shared purpose of healthy skin and grooming wellness. The science behind these products involves a decade of clinical research in the field and lab work to provide functional formulation with ingredients for optimal absorption and support of skin health.
Ludwig Enterprises, Inc. (OTC:LUDG) Advancements in medical technology have awarded Ludwig Enterprises with cutting-edge genetic tools, unheard-of even a generation ago. These genetic tools have the potential to not only detect diseases early but also to customize treatments that may improve patient outcomes and, in some cases, even extend life. Ludwig is at the forefront of this new era of medicine with their proprietary mRNA genetic methodology that has the potential to detect genetic biomarkers for inflammatory-driven diseases, including but not limited to heart disease, preeclampsia, and cancer. This early detection may allow doctors to take steps to diagnose and manage disease before it progresses and causes serious health problems. Ludwig’s innovative testing approach is not only practical but also has the potential to save the healthcare industry billions of dollars in costs. With a virtually untapped market and a billion-dollar healthcare industry, Ludwig is poised to significantly impact how we think about disease and live longer, healthier lives. More Info: http://www.ludwigent.com
MetAlert, Inc. (OTC: MLRT) a pioneer in smart, mobile, and wearable tracking and recovery location-based solutions, supported through a proprietary IoT enterprise monitoring platform and intellectual property portfolio. The Company offers a global end-to-end solution of hardware, software and connectivity and develops two-way GPS tracking technologies, which seamlessly integrate with consumer products and enterprise applications. Utilizing the latest in miniaturized, low power consumption GPS, Cellular, RF, NFC and BLE technology, enabling subscribers to track in real time the whereabouts of people or high value assets. Known for its game-changing and award-winning patented GPS SmartSole® — think Dr. Scholl’s meets LoJack, the world’s first invisible wearable technology tracking device created for those at risk of wandering due to Alzheimer’s, dementia, autism, and traumatic brain injury. MetAlert’s business model is built around technology innovation and holds dozens of patents, with many issued patents in the area of GPS tracking. The company has international distributors servicing customers across the globe with subscribers in over 40 countries and is a U.S. Military Government contractor. Other customers include public health authorities and municipalities, emergency and law enforcement, private schools, assisted living facilities, NGOs, small business enterprises, senior care homes, and consumers. www.MetAlert.com
iQSTEL Inc. (OTCQX: IQST) (www.iQSTEL.com) is a US-based publicly listed company holding an Independent Board of Directors and Audit Committee with a presence in 19 countries and 70 employees offering leading-edge services through its four business lines. The Telecom Division (www.iqstelecom.com), which represents the majority of current operations, offers VoIP, SMS, proprietary Internet of Things (IoT) solutions, and international fiber-optic connectivity through its subsidiaries: Etelix, SwissLink, Smartbiz, Whisl, IoT Labs, and QGlobal SMS. The Fintech business line (www.globalmoneyone.com) (www.maxmo.vip) offers a complete Fintech ecosystem MasterCard Debit Card, US Bank Account (No SSN Needed), Mobile App/Wallet (Remittances, Mobile Top Up, Buy/Sell Crypto). Our Fintech subsidiary, Global Money One, is to provide immigrants access to reliable financial services that make it easier to manage their money and stay connected with their families back home. The BlockChain Platform Business Line (www.itsbchain.com) offers our proprietary Mobile Number Portability Application (MNPA) to serve the in-country portability needs through its subsidiary, itsBchain. The Electric Vehicle (EV) Business Line (www.evoss.net) offers electric motorcycles to work and have fun in the USA, Spain, Portugal, Panama, Colombia, and Venezuela. EVOSS is also working on the development of an EV Mid Speed Car to serve the niche of the 2nd car in the family.
Conclusion:
As the economy continues to struggle, now is the perfect time to start looking for investing opportunities—and penny stocks are a great place to start. These small public companies are often overlooked but can offer tremendous growth potential. So if you’re looking for ways to grow your portfolio, be sure to keep an eye on these five penny stocks!
Featured: $CLIS $EDXC $IQST $MLRT $LUDG
