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The U.S. stock market has recently experienced a pullback after record highs in the S&P 500, reflecting ongoing volatility amid mixed corporate earnings and economic policy shifts. Penny stocks, though considered an older term, still hold significant potential for investors looking to explore opportunities in smaller or newer companies. These stocks can offer a blend of affordability and growth potential when they exhibit strong financials, making them intriguing options for those seeking to uncover hidden gems in the market.
Top 10 Penny Stocks In The United States
Name | Share Price | Market Cap | Financial Health Rating |
QuantaSing Group (NasdaqGM:QSG) | $3.08 | $130.85M | ★★★★★★ |
Imperial Petroleum (NasdaqCM:IMPP) | $2.82 | $84.63M | ★★★★★★ |
Permianville Royalty Trust (NYSE:PVL) | $1.45 | $47.85M | ★★★★★★ |
Golden Growers Cooperative (OTCPK:GGRO.U) | $4.50 | $67.38M | ★★★★★★ |
ZTEST Electronics (OTCPK:ZTST.F) | $0.2601 | $9.93M | ★★★★★★ |
PHX Minerals (NYSE:PHX) | $4.18 | $153.67M | ★★★★★☆ |
Smith Micro Software (NasdaqCM:SMSI) | $1.40 | $25.9M | ★★★★★☆ |
CBAK Energy Technology (NasdaqCM:CBAT) | $0.889 | $80.05M | ★★★★★☆ |
BAB (OTCPK:BABB) | $0.86825 | $6.26M | ★★★★★☆ |
Lifetime Brands (NasdaqGS:LCUT) | $5.00 | $114.11M | ★★★★★☆ |
Click here to see the full list of 708 stocks from our US Penny Stocks screener.
Let's dive into some prime choices out of the screener.
WM Technology
Simply Wall St Financial Health Rating: ★★★★★★
Overview: WM Technology, Inc. offers ecommerce and compliance software solutions for retailers and brands in the cannabis market both in the United States and internationally, with a market cap of approximately $231.21 million.
Operations: The company's revenue is primarily generated from its Software & Programming segment, amounting to $183.31 million.
Market Cap: $231.21M
WM Technology, Inc., with a market cap of US$231.21 million, is notable for its ecommerce and compliance software in the cannabis sector. Despite being unprofitable, it has no debt and maintains a cash runway exceeding three years. Recent executive changes include appointing Sarah Griffis as CTO to bolster technological leadership. A proposed acquisition by Douglas Francis and Justin Hartfield aims to buy the remaining 68% of shares they don't own for US$240 million. However, legal challenges persist due to past SEC charges related to misreporting monthly active users, impacting investor sentiment.
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Take a closer look at WM Technology's potential here in our financial health report.
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Understand WM Technology's earnings outlook by examining our growth report.
Seer
Simply Wall St Financial Health Rating: ★★★★★★
Overview: Seer, Inc. is a life sciences company focused on developing and commercializing products to decode the biology of the proteome, with a market cap of approximately $135.62 million.