Finding penny stocks that will return decent profits is a hard task. These stocks are so volatile that knowing which way, and when, they are going to move is difficult. Nothing is a sure thing in this market, but if you don’t mind taking a risk, then there are penny stocks out there that you should keep a close eye on.
Today, we’re checking out SKY Solar Holdings and Neonode.
Penny Stocks to Watch: SKY Solar Holdings (NASDAQ:SKYS)
Selling for less than $1 USD at present, the SKYS penny stock is in the power production game. The company develops, owns, and operates solar parks, making its money primarily by selling electricity. In a time where good energy practice is a focus of many industries the world over, shares in power are being watched very closely.
We are progressively moving towards sustainable energy, whereby wind and solar panels are replacing furnaces and batteries are replacing combustion engines. Keeping that in mind, the SKYS penny stock could be a good option if you are willing to hold. The climate is moving in favor of these shares, and there’s every possibility that they could skyrocket off the back of sustainability in the not-too-distant future.
At $0.72 USD and down 2.69% at the time of writing, SKY Solar Holdings is definitely worth watching.
>> Penny Stocks to Watch: Analysts are Watching ICON Stock
Penny Stocks to Watch: Neonode (NASDAQ:NEON)
Selling for $2.90 USD at present and up 1.35% at the time of writing, the NEON penny stock is a tech sector potential that works very closely with some of the biggest names out there.
According to its website, the Sweden-based company develops, manufactures, and sells “advanced sensor modules based on its patented optical reflective technology.” Further, it develops and licenses “user interfaces and optical interactive touch solutions based on its patented optical blocking technology.”
The company lists names such as LG, Sony (NYSE:SNE), Samsung (OTC:SSNLF), Bosch, and Amazon (NASDAQ:AMZN) as its clients. One can assume that Neonode provides these companies with its touch-screen and optical screen technics. With over 67 million products using Neonode’s technology across the world, it’s a head-scratcher as to why these shares are selling for the low price that they are.
Tech sector penny stocks are some of the most intriguing as they maintain their value more often than not. So is this penny stock for you?
Have you any penny stocks you think will return dividends to investors? Let us know!
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