In This Article:
Over the last 7 days, the U.S. market has dropped 3.0%, yet it remains up by 4.6% over the past year, with earnings forecasted to grow annually by 14%. In light of these conditions, identifying stocks with strong balance sheets and solid fundamentals becomes crucial for investors seeking growth opportunities. Penny stocks, often representing smaller or newer companies, may seem like a relic from earlier market trends but continue to offer potential for significant upside at lower price points.
Top 10 Penny Stocks In The United States
Name | Share Price | Market Cap | Financial Health Rating |
Safe Bulkers (NYSE:SB) | $3.31 | $348.08M | ★★★★☆☆ |
Tuya (NYSE:TUYA) | $1.95 | $1.23B | ★★★★★★ |
CI&T (NYSE:CINT) | $4.93 | $688.91M | ★★★★★☆ |
Smith Micro Software (NasdaqCM:SMSI) | $0.8899 | $14.75M | ★★★★☆☆ |
Flexible Solutions International (NYSEAM:FSI) | $3.84 | $48.06M | ★★★★★★ |
Imperial Petroleum (NasdaqCM:IMPP) | $2.40 | $71.89M | ★★★★★★ |
BAB (OTCPK:BABB) | $0.82078 | $5.96M | ★★★★★★ |
QuantaSing Group (NasdaqGM:QSG) | $3.08 | $217.74M | ★★★★★★ |
Lifetime Brands (NasdaqGS:LCUT) | $3.81 | $85.77M | ★★★★★☆ |
New Horizon Aircraft (NasdaqCM:HOVR) | $0.443 | $13.36M | ★★★★★★ |
Click here to see the full list of 791 stocks from our US Penny Stocks screener.
Below we spotlight a couple of our favorites from our exclusive screener.
iCAD
Simply Wall St Financial Health Rating: ★★★★★★
Overview: iCAD, Inc. operates in the United States, focusing on AI-powered cancer detection solutions, with a market cap of $52.46 million.
Operations: The company's revenue segment includes $19.61 million from its Detection business line.
Market Cap: $52.46M
iCAD, Inc., with a market cap of US$52.46 million, is navigating the penny stock landscape through strategic moves and financial resilience. The company recently announced a merger agreement with RadNet, Inc., valued at approximately US$100 million, which could enhance its market position pending shareholder approval. Despite being unprofitable, iCAD has shown revenue growth to US$19.61 million in 2024 and maintains a strong cash runway exceeding three years without debt obligations. The appointment of Mark Koeniguer as Chief Commercial Officer aims to drive further growth in AI-powered cancer detection solutions amidst high share price volatility and increased weekly volatility from 14% to 22%.
Silence Therapeutics
Simply Wall St Financial Health Rating: ★★★★★★
Overview: Silence Therapeutics plc is a biotechnology company focused on discovering and developing novel siRNA molecules to inhibit gene expression in hematology, cardiovascular, and rare diseases, with a market cap of $132.23 million.