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As 2024 concludes, the U.S. stock market has shown a mix of strength and volatility, with major indices like the Dow Jones and S&P 500 experiencing significant fluctuations despite overall yearly gains. In this context, penny stocks—often representing smaller or newer companies—offer investors an intriguing opportunity to explore growth potential at lower price points. While the term "penny stocks" may seem outdated, these investments continue to present viable opportunities when backed by strong financial fundamentals.
Top 10 Penny Stocks In The United States
Name | Share Price | Market Cap | Financial Health Rating |
BAB (OTCPK:BABB) | $0.77 | $6.03M | ★★★★★★ |
Inter & Co (NasdaqGS:INTR) | $4.22 | $1.84B | ★★★★☆☆ |
QuantaSing Group (NasdaqGM:QSG) | $3.08 | $111.43M | ★★★★★★ |
Kiora Pharmaceuticals (NasdaqCM:KPRX) | $3.30 | $9.9M | ★★★★★★ |
ZTEST Electronics (OTCPK:ZTST.F) | $0.29 | $10.49M | ★★★★★★ |
CBAK Energy Technology (NasdaqCM:CBAT) | $0.94 | $97.13M | ★★★★★☆ |
Imperial Petroleum (NasdaqCM:IMPP) | $3.01 | $93.12M | ★★★★★★ |
Golden Growers Cooperative (OTCPK:GGRO.U) | $4.50 | $67.38M | ★★★★★★ |
BTCS (NasdaqCM:BTCS) | $2.47 | $43.38M | ★★★★★★ |
Smith Micro Software (NasdaqCM:SMSI) | $1.31 | $24.65M | ★★★★★☆ |
Click here to see the full list of 735 stocks from our US Penny Stocks screener.
Let's explore several standout options from the results in the screener.
Aware
Simply Wall St Financial Health Rating: ★★★★★★
Overview: Aware, Inc. is an authentication company that offers biometrics software products and solutions to government agencies and commercial entities globally, with a market cap of $34.14 million.
Operations: The company's revenue is derived entirely from its Software & Programming segment, totaling $16.97 million.
Market Cap: $34.14M
Aware, Inc., with a market cap of US$34.14 million, is navigating the challenges typical for penny stocks, marked by high volatility and an unprofitable status. Despite a recent decline in revenue to US$3.85 million for Q3 2024 from US$6.38 million the previous year and a net loss of US$1.17 million, Aware maintains financial stability with short-term assets exceeding liabilities and no long-term debt. Its strategic focus on expanding its cloud-based biometric authentication platform through WordPress integration highlights potential growth avenues, although the company's management team lacks extensive experience with an average tenure of 1.2 years.
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Navigate through the intricacies of Aware with our comprehensive balance sheet health report here.
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Assess Aware's previous results with our detailed historical performance reports.
CarParts.com
Simply Wall St Financial Health Rating: ★★★★★★
Overview: CarParts.com, Inc. operates as an online provider of aftermarket auto parts and accessories in the United States and the Philippines, with a market cap of $58.55 million.