Top Penny Stocks To Watch Right Now

tags:RMCF,TSN,UMH,RICK,

Penny stock investing is notoriously risky, which is why many investors are right to worry about penny stock scams. Without knowing what traps to look for, these penny stock scam companies can steal your hard-earned money.

VideoStrategies for Picking Penny Stock Winners

Today, we've done the research for you so you can avoid these scams and safely invest in penny stocks.

You see, penny stocks are attractive because they can offer double-digit or even triple-digit returns in a very short time. For example, Cleveland BioLabs Inc. (Nasdaq: CBLI) skyrocketed from $1.56 at the Thursday, April 13, close to $5.10 on Wednesday, April 19. That's a stunning 227% return in just three sessions (the markets were closed that Friday).

And penny stock scammers try to take advantage of investors looking for those quick gains. If they succeed, you could be left with huge losses.

This deceptive financial behavior is much more widespread than you may think. A July 2014 report from The Wall Street Journal noted how the U.S. Securities and Exchange Commission (SEC) suspended trading for over 1,300 companies between 2012 and 2014 in an effort to crack down on penny stock fraud.

Top Penny Stocks To Watch Right Now: Rocky Mountain Chocolate Factory Inc.(RMCF)

Advisors' Opinion:

• [By Ethan Ryder]

  Rocky Mountain Chocolate Factory (NASDAQ: RMCF) and Tootsie Roll Industries (NYSE:TR) are both small-cap retail/wholesale companies, but which is the better stock? We will contrast the two companies based on the strength of their valuation, risk, earnings, institutional ownership, profitability, dividends and analyst recommendations.

• [By Max Byerly]

  Rocky Mountain Chocolate Factory (NASDAQ: RMCF) and Tootsie Roll Industries (NYSE:TR) are both small-cap retail/wholesale companies, but which is the better investment? We will compare the two companies based on the strength of their risk, valuation, dividends, analyst recommendations, earnings, profitability and institutional ownership.

Top Penny Stocks To Watch Right Now: Tyson Foods Inc.(TSN)

Advisors' Opinion:

• [By ]

  Tyson Foods (TSN) CEO Tom Hayes wasn't kidding when he told TheStreet he wanted to make another big acquisition soon. 

  But the argument could be made that Wall Street wasn't expecting his latest food purchase. On Tuesday, Tyson Foods said it will spend $850 million to buy the poultry rendering and blending assets of American Proteins, Inc. and AMPRO Products, Inc.

• [By Demitrios Kalogeropoulos]

  Tyson Foods (NYSE:TSN) underperformed the market last month by shedding 16% compared to a 3.6% increase in the S&P 500, according to data provided by S&P Global Market Intelligence.

• [By ]

  But what investors are overlooking are the fundamental risks to this logic. Corporate earnings are the lifeblood of the market, keep in mind. Higher oil prices have already translated into higher gas prices, which is a key risk to automakers such as Ford (F) and General Motors (GM) that have pivoted big-time to producing SUVs and trucks. Higher oil prices have already taken a toll on earnings for packaged food giants like Proctor & Gamble (PG) and Tyson Foods (TSN) . Now, each are staring at consumer price increases because it costs more to deliver their products to stores.

• [By Shane Hupp]

  HL Financial Services LLC purchased a new position in shares of Tyson Foods (NYSE:TSN) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 61,568 shares of the company’s stock, valued at approximately $4,506,000.

Top Penny Stocks To Watch Right Now: UMH Properties Inc.(UMH)

Advisors' Opinion:

• [By Joseph Griffin]

  WINTON GROUP Ltd bought a new stake in UMH PROPERTIES/SH SH (NYSE:UMH) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 86,705 shares of the real estate investment trust’s stock, valued at approximately $1,163,000. WINTON GROUP Ltd owned about 0.24% of UMH PROPERTIES/SH SH as of its most recent SEC filing.

• [By Lisa Levin]

  Wednesday afternoon, the real estate shares surged 0.56 percent. Meanwhile, top gainers in the sector included Armada Hoffler Properties, Inc. (NYSE: AHH), up 3 percent, and UMH Properties, Inc. (NYSE: UMH) up 3 percent.

Top Penny Stocks To Watch Right Now: Rick's Cabaret International Inc.(RICK)

Advisors' Opinion:

• [By Joseph Griffin]

  RCI Hospitality (NASDAQ:RICK) was upgraded by research analysts at BidaskClub from a “buy” rating to a “strong-buy” rating in a research note issued to investors on Friday.