The Top Penny Stock to Buy While the Economy Reopens
May 07, 2020 at 16:12 PM EDT
The economy is tanking, but the Dow Jones Industrial Average is up 29% since March 23. And our top penny stock to buy today is still due for a 245% pop. How does this make any sense at all? Jobless claims have rocketed to 33 million in a matter of weeks from the coronavirus lockdown. Meat prices are up 8% as closed packing plants have led to an oncoming shortage. Oil prices are still in the dumps after OPEC restricted supply too little, too late - WTI Crude has lost 57% since the start of 2020. Yet, stocks are up. Here's why. The post The Top Penny Stock to Buy While the Economy Reopens appeared first on Money Morning - We Make Investing Profitable . Read more... Tags: penny stock To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2020 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201.