Ceragon Networks And 2 Other US Penny Stocks To Consider For Your Portfolio

In This Article:

As the U.S. stock market experiences a mix of gains and losses, with indices like the Nasdaq and S&P 500 showing positive momentum, investors are keenly observing opportunities that arise from smaller-cap stocks. Penny stocks, often associated with smaller or newer companies, offer a unique blend of affordability and growth potential. In this article, we explore several penny stocks that stand out for their financial strength and potential to deliver significant returns amidst current market dynamics.

Top 10 Penny Stocks In The United States

Name

Share Price

Market Cap

Financial Health Rating

BAB (OTCPK:BABB)

$0.827

$5.56M

★★★★★★

Golden Growers Cooperative (OTCPK:GGRO.U)

$4.50

$69.71M

★★★★★★

QuantaSing Group (NasdaqGM:QSG)

$3.08

$143.12M

★★★★★★

PHX Minerals (NYSE:PHX)

$3.56

$133.43M

★★★★★☆

So-Young International (NasdaqGM:SY)

$1.25

$90.58M

★★★★☆☆

Better Choice (NYSEAM:BTTR)

$1.63

$3.19M

★★★★★★

LexinFintech Holdings (NasdaqGS:LX)

$3.22

$526.12M

★★★★★★

Puma Biotechnology (NasdaqGS:PBYI)

$2.74

$134.5M

★★★★★★

RLX Technology (NYSE:RLX)

$1.76

$2.31B

★★★★★★

CBAK Energy Technology (NasdaqCM:CBAT)

$0.8799

$75.22M

★★★★★☆

Click here to see the full list of 744 stocks from our US Penny Stocks screener.

Here we highlight a subset of our preferred stocks from the screener.

Ceragon Networks

Simply Wall St Financial Health Rating: ★★★★★☆

Overview: Ceragon Networks Ltd. provides wireless transport solutions for cellular operators and other wireless service providers across various regions, with a market cap of $267.92 million.

Operations: Ceragon Networks Ltd. does not report specific revenue segments.

Market Cap: $267.92M

Ceragon Networks has shown significant financial improvement, becoming profitable this year with net income growing substantially. Recent earnings for the third quarter revealed sales of US$102.67 million and a net income of US$12.22 million, indicating robust growth compared to the previous year. The company maintains strong liquidity, with short-term assets exceeding both short- and long-term liabilities, while its debt is well-covered by operating cash flow. Despite an increased debt-to-equity ratio over five years, Ceragon's management and board are experienced, contributing to its stable weekly volatility and high-quality earnings profile.

NasdaqGS:CRNT Revenue & Expenses Breakdown as at Nov 2024
NasdaqGS:CRNT Revenue & Expenses Breakdown as at Nov 2024

Dingdong (Cayman)

Simply Wall St Financial Health Rating: ★★★★☆☆

Overview: Dingdong (Cayman) Limited is an e-commerce company operating in China with a market capitalization of $904.05 million.

Waiting for permission
Allow microphone access to enable voice search

Try again.