Thinking of buying some penny stocks in 2019? If so, keep an eye out for startups in certain sectors that are brimming with potential. Trends are emerging (healthy jerky anyone?), and companies capitalizing on these trends may be the next big play.
With that in mind, here are three innovative industries offering penny stocks with potential in 2019.
Penny Stocks to Watch in 2019
Digital Therapeutics
Software applications have extended from games to wellbeing. And now, startups focusing on digital therapeutics are on the investor radar.
The technology has gotten so advanced that applications can be used to diagnose, manage, and even treat conditions.
There is obvious potential here as this tech can genuinely offer much-needed help to sufferers. But also, it may harbor the ability to reduce reliance on pharmaceuticals in some cases. Keep an eye out for penny stocks developing software programs aimed at asthma and COPD sufferers, along with ADHD, depression, and anxiety.
Health is paramount in everyone’s lives, so from a business perspective, there will always be a market for a good product.
CBD Products
This one’s a no-brainer. The Farm Bill passing in the US means the already significant demand for CBD products is going to explode in 2019. CBD is the relaxing, healthy, does-not-get-you-high, component found in cannabis
Benefits include anti-anxiety, anti-inflammatory, and pain-relieving qualities. Already incorporated into many consumers’ daily lives, CBD is becoming a staple product for wellbeing. It is incredibly versatile, so its uses are endless.
>> Tech Stock to Watch: Patriot One Technologies and the PATSCAN
Penny stocks in CBD are already booming, but 2019 will paint a whole new level of growth for this sector.
Workleisure Apparel
Comfy office wear? Really?
Yes really.
The ‘athleisure’ trend broke fashion records and lit a fire back under popular sports brands such as Nike (NYSE:NKE) and Adidas (OTCQX:ADDDF). By mixing sportswear with everyday style, athleisure offers the perfect blend of style and comfort. It has become a statement fashion look.
It’s a little too late for penny stocks in athleisure—this domain is dominated by big brands such as those above—but a new trend is spawning: workleisure apparel. And this sector is very much a playing field for penny stocks in 2019.
Workleisure blends the professional style of buttoned-down shirts with the materials of athletic wear for, again, a blend of comfort and style. The idea is to allow wearers an easy transition from the office to the gym or beyond.
It may not be one you’d think of, but if workleisure takes off as athleisure did, then those penny stocks of now may be worth big bucks sooner than you think!
Featured Image: Depositphotos/sergey02
