Ten of the Best Penny Stocks to Watch
According to MSN, there are ten popular penny stocks to watch now, for the week following, updated October 12, 2010. Some folks buy stocks around this time of year, and one way they figure out which ones are best shares to buy is by relating stocks to the holidays. Yes, the holidays are a great thing to think about when considering penny stock trading. What would someone want for Christmas this year? Who are the top selling companies in the world? A popular item on the market today is the new iPad made by Apple. Therefore, it makes sense that Apple would be an ideal company to look at when buying shares. According to MSN’s latest reports about the “top ten” penny stocks to watch, Apple is at the top of the list.
The Penny Stocks List To Watch Goes as Follows:
• Apple
• Barrick Gold
• Broadcom
• ConocoPhillips
• Google
• Intel
• JPMorgan Chase
• Microsoft
• Symantec
The Top 10
Some or all of these companies might look familiar to investors. Apple, Google, Microsoft, JPMorgan Chase and Intel might sound the most familiar to people. Google, as we all know, is extremely popular and they offer penny stocks. Symantec offers anti-virus and Internet security software, so they are extremely well known and a huge company. Microsoft, everyone is familiar with that company, and they are huge, which means that they are reputable. The reputable companies are the ones folks want to buy shares from, and they are great ones to find penny stocks to watch. Watching stocks is a great way to see what happens with them and decide whether to buy certain ones.
Using Stock Scouter
StockScouter, via MSN, is a rating mechanism used to show investors how each stock rates in the market. The tool uses a scale from one to ten, ten being the highest. This investor tool has been around since 2001. StockScouter searches for shares whose company essentials, price performance, estimation and share rights features seem to forecast a growing set price, derived from how the aspects have prejudiced shares values previously. The tool allocates every share a predictable profit within a six-month period and equals out the gains next to the penny stock’s precariousness.
With this tool and the list of the “top ten” penny stocks to watch, investors have more than enough to help them decide which market to buy shares from and it improves their research. Knowledge of the stock market is always a great tool as well.
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