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Penny Stocks To Watch As Electric Vehicles Charge The Market


EV Penny Stocks Surge In January
Electric vehicle penny stocks are some of the most popular in the stock market this month. There are a few reasons why both institutional and retail investors alike are checking these stocks out. These companies operate in the electric vehicle space either directly or indirectly. Within the industry, some companies produce cars, other companies produce battery materials, and there is a wide range of ancillary businesses working within the industry. 
In the past few months, interest surrounding EV penny stocks has shot up due to Joe Biden’s election win. Biden has stated that he wants to bring the U.S. toward being completely renewable energy-dependent within the next decade. This could include potential subsidies for EV manufacturers and those who purchase these vehicles. Additionally, the rise of companies like Tesla Inc. (NASDAQ: TSLA) and Nio Inc. (NYSE: NIO) has brought a new sense of confidence in the EV market outlook.  ....

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3 Penny Stocks To Watch As Energy Sector Heats Up


3 Energy Penny Stocks To Watch Right Now
In the past few months, we have seen energy penny stocks make a big comeback. This makes sense given how affected the industry was by the pandemic. Early during the pandemic, energy usage including fossil fuels and renewables shot down to very low levels. With people commuting and traveling much less, the prices of many leading energy stocks dropped down substantially as a result.
Moving further into 2021 we see vaccine distribution is rolling out. This could trigger a bit of a rebirth for things like travel as well as manufacturing. Now, we are nowhere near the pre-pandemic levels when it comes to energy consumption. But, many penny stocks have started rallying once again. This could be a sign that the market believes the pandemic could be getting more under control.  ....

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