Apr 09, 2022 (Penny Stocks via COMTEX) -- 3 Penny Stocks to Add to Your Watchlist in Early April
When it comes to penny stocks, there are different types of companies for all types of investors. Each of these investments have their own benefits and drawbacks. And with penny stocks specifically, there is a lot for investors to know.
In order to make a smart investment decision, it is important for would-be penny stock investors to first understand the ins and outs of this area of the stock market. What are penny stocks? How do you buy stocks? What are some of the best stocks to invest in? And what should you know before investing in penny stocks ?
All of these questions are crucial when it comes to investing, and they can save you time and money. Above all however, investors should know what their investing style is and how to use that as an advantage.
If you are more of a conservative investor then you might want to invest in stocks that have a long-standing history and are considered more stable. Alternatively, if you're looking for stocks with high potential returns, then you might want to look into other penny stocks.
Typically, stocks under $5 will carry more risk than their blue chip counterparts. This is something that simply comes with the territory. However, this risk can be used as an advantage for more aggressive investors who are looking for high-risk, high-reward stocks.
No matter what penny stocks you decide to invest in, it is always important to do your own research. This is especially true when it comes to penny stocks. Considering all of this, let's take a look at three top penny stocks to watch in early April 2022.
3 Penny Stocks to Add to Your April Watchlist
Camber Energy Inc. /zigman2/quotes/201242655/composite CEI -4.46%
One of the more popular penny stocks that investors have been watching over the past few months is Camber Energy Inc. CEI stock is also a popular meme stock and short squeeze stock for those who have been investing since last year or so. While shares are down by around 12% YTD, we have seen some recent bullish movement since March.
Much of this is due to the uptick in demand for oil and gas as a result of the conflict in Ukraine. However, Camber Energy is also an interesting penny stock on its own. The most recent news from the company came on April 4th when it announced communication from the NYSE. It stated that it received a letter from the NYSE regarding its request for an extension of its outstanding financial report filing date.
If you're not familiar, Camber Energy operates as a growth-oriented energy company. Through its subsidiary, Viking Energy, Camber is able to provide custom energy and power solutions to a broad range of both industrial and commercial clients across the U.S. As stated earlier, the conflict in Ukraine has resulted in a major focus on both energy penny stocks and the energy industry as a whole. With its recent acquisition of a carbon-capture system, Camber is in a positive position for growth in the future. Considering all of this, will CEI be on your penny stocks watchlist ?
DiDi Global Inc.
Another trending penny stock that investors are interested in right now is DIDI stock. While shares have gone down by around 65% in the past six months, we have seen some decent momentum in the past few weeks. Now, one of the big reasons that investors are watching DIDI stock right now is for its volatility. And in the past couple of weeks, there have been a lot of announcements and subsequent movements for DIDI stock.