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Elys Game Technology Corp. (NASDAQ: ELYS)Penny Stocks To Buy [According To B. Riley]: New York Mortgage Trust Inc. (NASDAQ: NYMT)
This week B. Riley Securities initiated coverage on New York Mortgage Trust. You may recall this firm from other articles this week. Analysts at B. Riley recently reiterated a Buy and $21 target on one of the former biotech penny stocks weâve discussed in the past. Needless to say, when it comes to New York Mortgage, B. Riley analysts issued a Buy on the company along with a $6 price target. based on its current trading levels, that would mean a proposed rise of over 30%. Whether or not it ultimately reaches that level is yet to be seen.
New-york
United-states
America
Conor-daly
Axel-hefer
Matt-howlett
Nokia-corp
Morgan-stanley
Nokia
Ericsson
York-mortgage-trust
Elys-game-technology-corp
Why These Reddit Penny Stocks Could Be Worth Watching
Investors looking to make sizable gains in a short time frame often turn to penny stocks. These low-cost stocks have the potential to generate a large profit in a short time frame due to the inherent high volatility. For the same reason, penny stocks can be risky assets. This makes some investors choose to invest in blue chips as an alternative. What many do not realize is that much of this risk can be mitigated with a proper investment strategy and a trading education.
One of the best ways to increase your chance of seeing profits is to utilize news. There are a lot of things that can impact a penny stockâs price. This includes sector news, world events, rumors, company updates, speculation, and much more. [Read More] Best Penny Stocks to Buy in 2021? 3 Cheap Stocks to Watch Right Now
Delaware
United-states
American
John-beaver
Simon-fricker
Waterlase-pediatric-dental-academy
Research-at-phio
Centennial-resource-development-inc
Phio-pharmaceuticals-corp
Nasdaq
Atossa-therapeutics-inc
Phio-pharmaceuticals