What’s happening on Wall Street in the stock market today? Well, not a lot as the S&P 500, Nasdaq, and Dow chop their way through a dull session. But it isn’t all stocks following suit, and in this article, we discuss several penny stocks outperforming the vast majority of broad-sector stocks. Much of the indecision is due to the upcoming FOMC meeting that begins on Tuesday and concludes on Wednesday with a 2:30 PM ET press conference.

Why Have Penny Stocks Outperformed?

The basic answer is that most of these cheap stocks tend to move independently. Retail traders are the ones who mainly focus on the daily trends of smaller companies trying to capitalize on volatile moves. Today’s list of penny stocks has a handful of names outpacing the stock market today and could be ones to watch later this week.

Penny Stocks to Watch

  • Amyris Inc. (NASDAQ: AMRS)
  • Coeur…



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.