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Top Penny Stocks To Watch As Energy Prices Surge In February 2021 | FinancialContent Business Page


Are These 5 Energy Penny Stocks Worth Watching This Month?
Over the course of the past year, energy penny stocks have become more popular than usual. To understand why, let’s start back in January of last year. When the pandemic hit, the energy industry and corresponding penny stocks all took a major dive. As the months rolled on, oil and gas demand was low but quickly began to climb. 
As we all know, energy penny stocks tend to move with the price of oil, gas, and alternative energy as well. A lot also has to do with virus case numbers. If fewer people are getting sick, more people are willing to travel and go to work. This means that the energy demand could increase. So, here we are, around a year after the pandemic began. Now, we slowly see the production of oil begin to creep back up. Additionally, there are a few factors that are affecting the short-term trajectory of the energy industry.  ....

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Top Penny Stocks To Watch Before February If Energy Stocks Are A Focus


Could These Energy Penny Stocks See More Momentum Next Month?
With so much momentum in the stock market right now, energy penny stocks have seen a big boost. Now, this is due to a variety of factors in play as of late January. As we turn the corner into February, retail traders finally realize their influence on the market. This has recently played out with stocks like Gamestop Corp. (NYSE: GME) and others.
But, we also see a great deal of bullish momentum with energy penny stocks. There are a few reasons as to why this is the case. For one, Biden has continued to push efforts regarding green energy in the U.S. This means that renewable energy stocks have seen heightened bullish sentiment since his election. Also, there is a great deal of short term bullish price action regarding companies that work in the fossil fuel sector. ....

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