Prime Penny Shares To Purchase Now? 4 To Watch At The Finish Of July 2021

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This story initially appeared on PennyStocks

Are These Prime Penny Shares on Your August Watchlist?

With August proper across the nook, buyers are looking for the perfect penny shares to purchase now. To take action is a mixture of analysis and having a correct buying and selling technique for penny shares. This yr buyers must also contemplate the consequences of social media on the inventory market. Web sites equivalent to Reddit and Twitter have grow to be main influences on value motion. Due to this, it’s necessary to remain updated with a purpose to keep forward of the latest traits. 

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With August only some days away, it may very well be time for the market to refresh, and hopefully, keep on a strong bullish trajectory. However, with the pandemic nonetheless in full swing, that is pure hypothesis proper now. Listed here are 4 penny shares to look at as July involves an finish. 

Prime Penny Shares To Purchase [or avoid] Proper Now:

  1. Verb Know-how Firm Inc. (NASDAQ: VERB) 
  2. Luokung Know-how Corp. (NASDAQ: LKCO) 
  3. Uranium Vitality Corp. (NYSE: UEC) 
  4. IZEA Worldwide Inc. (NASDAQ: IZEA) 

Verb Know-how Firm Inc. (NASDAQ: VERB)

Over the previous yr, the tech trade has grow to be probably the most fashionable sectors to search out penny shares. And, one of many leaders on this trade proper now’s Verb Know-how Firm. Verb operates as a Software program-as-a-Service (SaaS) firm. Which means that it supplies software program to corporations and companies alike.

One factor to bear in mind is that VERB inventory is taken into account a meme inventory. Which means that it’s regularly mentioned on Reddit and Twitter, alongside different fashionable corporations equivalent to GME inventory and AMC inventory. Whereas this does make it extra risky, it additionally will increase the quantity of investor consideration positioned on the corporate.

Verb’s platform consists of subscription-based software program that’s accessible by its shoppers. These functions have a person interface each on desktops in addition to cell units. Up to now month alone, shares of VERB inventory have shot up by over 100%. This can be a main acquire particularly contemplating the big fall the market took on Monday, July nineteenth.

SaaS is a thriving enterprise proper now and has remained that means all through the pandemic. With extra individuals on-line, extra companies are in search of tech options to unravel on a regular basis points. Contemplating this, does VERB inventory have a spot in your penny shares watchlist?

Luokung Know-how Corp. (NASDAQ: LKCO)

One other know-how firm to control this coming month is Luokung Know-how. As an organization, LKCO is a pacesetter within the spatial-temporal intelligence trade. It moreover has earned a powerful popularity for location-based companies (LBS) and HD maps. Most of its enterprise is performed in China, the place it supplies companies for the whole lot from autonomous automobiles to in-vehicle mapping.

This has grow to be a big trade up to now few years, and one which many buyers count on to proceed rising within the close to future. And, if we additionally contemplate the extraordinarily excessive demand for automobiles proper now, we see much more potential for LKCO inventory in the long run.

On July twenty second, Luokung introduced that its subsidiary, eMapGo will likely be offering autonomous driving simulation testing companies for Geely Car Analysis Institute Co. Ltd. Geely is taken into account the biggest home car firm in China, and bought over 1.32 million automobiles final yr alone.

“Luokung’s autonomous driving simulation check product is one which we’re significantly pleased with. We now have offered companies to a number of world automakers and tier 1 suppliers and stay up for increasing our buyer base by selling protected autonomous driving journey companies.”

Mr. Xuesong Track, CEO of Luokung

That is huge information for the corporate, and will flip right into a long run deal if all goes in keeping with plan. Whereas the complete particulars of this announcement are usually not but obtainable, it may very well be fascinating to maintain updated with LKCO inventory. 


Uranium Vitality Corp. (NYSE: UEC)

The uranium market has been on fireplace up to now yr and a half. With a world push towards clear vitality, uranium continues to be a best choice for its effectivity and renewable nature. Consistent with this, Uranium Vitality Corp. is without doubt one of the major decisions for penny shares buyers seeking to get into the uranium trade.

Its portfolio accommodates one of many largest databases of historic uranium mining developments within the nation. The corporate owns its Hobson processing facility, which is centrally positioned in Southern Texas, the place different uranium operations are ongoing proper now. 

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With an intensive historical past of mining and a powerful management workforce, UEC is aggressively pursuing new alternatives within the uranium trade. Most of its imaginative and prescient is concentrated on property acquisitions all through the U.S. Apart from Texas, this contains New Mexico, Arizona, Wyoming, and Colorado. Due to the growing demand for uranium, UEC may very well be well-positioned for the way forward for low cost and clear vitality. With all of this in thoughts, will UEC be in your penny shares watchlist transferring ahead?


IZEA Worldwide Inc. (NASDAQ: IZEA)

IZEA Worldwide is an organization that works within the advertising trade. For some context, IZEA provides each software program {and professional} companies based mostly on the influencer market. This permits influencers to attach with manufacturers, and subsequently, develop the creator financial system to new heights. Launched in 2006, IZEA has since mediated round 4 million transactions, which is not any small feat. 

On July twenty first, IZEA introduced that it had secured a $1 million influencer advertising contract growth. These funds will come from a Fortune 500 buyer for influencer advertising companies.

“Staff IZEA is off to a powerful begin for Q3 2021, bolstered by a number of significant contract awards from repeat prospects. We now have already set a file for the best-Managed Companies bookings within the month of July, and we’re persevering with to see robust demand for our experience within the influencer advertising trade.” 

Ted Murphy, Founder, and CEO of IZEA

Along with this, the corporate introduced that its Managed Service bookings in Q2 2021, elevated by virtually 190% to $11.1 million. That is very substantial, and one thing that buyers ought to be mindful. With the influencer and creator house rising on a regular basis, IZEA inventory may very well be value including to your checklist of penny shares to look at. 


Which Penny Shares Are on Your August Watchlist?

For those who’re making a penny shares watchlist proper now, there are many choices to select from. With so many penny shares on the market, it could possibly seem to be a frightening process to only choose just a few from the checklist.

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Nonetheless, with the suitable analysis in hand and a dedication to discovering the perfect shares to purchase, it may be executed. Contemplating this, which penny shares are in your watchlist proper now?

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