5 Next-Level Penny Stocks to Buy NOW for 2024

In this video, I'll reveal a new way of finding penny stocks for even higher returns. We usually look for penny stocks in growing industries. That gives us penny stocks with strong tailwinds from industry growth but there's another step you can take. Here, I'm looking for penny stocks that will revolutionize their industry.

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For any penny stock, I’m looking for a growth trend or industry that will help support the company’s growth. It’s this kind of big picture approach that makes it easy for a smaller company to grow because even two- or three-percent market share could mean hundreds of millions in sales.

What I’m talking about in these next-level penny stocks though is going beyond just a growth trend and trying to solve a problem in those trends. Where is the bottleneck or the limiting factor in the growth industry? So with these penny stocks, they aren’t just participating in that growth industry, they’re trying to revolutionize it.

With just one- or two-percent of your money in a penny stock…you’re not going to freak out when the price falls. In fact, you probably won’t even notice it in your overall portfolio value. You won’t panic and sell out, you’ll be able to give the company the time it needs to grow and even some of those losers will turnaround for strong returns. But the beauty of these penny stocks is, for the ones that do five-, ten-times and more your investment then even a small amount will boost your overall portfolio. Even at just 2% of your portfolio, a stock that jumps 10X will boost your overall return by 20%! Put a few of those winners together and you’ve got strong, double-digit returns on your entire portfolio.

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Joseph Hogue, CFA spent nearly a decade as an investment analyst for institutional firms and banks. He now helps people understand their financial lives through dividend stocks, investing and ways to make more money. He has appeared on Bloomberg and on sites like CNBC and Morningstar. He holds the Chartered Financial Analyst (CFA) designation and is a veteran of the Marine Corps.
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[Danjohnston]

Hit $200k today made me realize the essential thing that everyone should be thinking about right now is investing in non-government sources of income. Especially in light of the current global economic crisis. It is still a wonderful moment to invest in gold, silver, digital money, and stocks.

[JohnKMazzie]

Thank you for the video. What are your thoughts about SoundHound AI (SOUN)..?

[limitless]

SURG was at 6.48 when you suggested to buy, it's now at 3.52. Good job

[limitless]

ALT was your only successful pick here. At 4.03 when you suggested to buy and it's now at 5.91. There you go, buckaroo!!😀

[cphillips_aoe]

What the opinion on fathom digital stock future or no future

[RadVlahovic]

Hello Joseph, we have a decent drop in GMGMF do you consider this stock still a good stock to purchase?

[thecynik]

Do you feel that Workhorse (WKHS) can come back from their current down?

[akwolink]

I have been waiting for another penny stock videos for a while now YES

[limitless]

GMGMF is now 0.50 per share, was at 1.68 when you suggested to buy. Nice work

[andrewwian]

What are your thoughts Long Term ( 10 Years ( on Exxon, American States Water (AWR) and ABBVie? ) Cheers mate from Australia- Andrew

[swaep]

Climbing 54 % Today...* SIEN.... New Press Release Today... Tech and Medical Leading the Trading Gains Friday. Thumbs Up Video / Thanks.

[limitless]

AUGX was at 3.80 when you suggested to buy, it's now sitting at an amazing 0.75 per share. You are like the 9th wonder of the world

[jasonhutchens]

I have not yet watched the video, but I always enjoy videos on penny stocks.

[kaylaharrop]

How about a video on psychedelic stocks?

[botruong]

Thank you so much for your valuable advice and information!

[gracegomez]

With markets tumbling, inflation soaring, the Fed imposing large interest-rate hike, while treasury yields are rising rapidly—which means more red ink for portfolios this quarter. How can I profit from the current volatile market, I'm still at a crossroads deciding if to liquidate my $125k bond/stocck portfolio.

[limitless]

TELA was at 10.21, you suggested to buy, it's now at a wonderful 5.08 per share. Smdh lol

[jojothepizzacat]

You are the best Joe...He knows his stuff...

[salaheldeans]

Gmg is not in robinhood, how do you trade it

[AA-nbgy]

GMGMF requires a $50 FOREIGN SETTLEMENT FEE for any trade. NOT worth it