Best Penny Stocks To Watch Before The Weekend

Are these Penny shares set for new highs this week?

Penny's actions have often proven to be some of the best forms of investment for those seeking to obtain quick and short-term returns in the stock market. However, it is not as easy as it seems. An investor needs to do a fair share of the research to obtain substantial profits from these cheap stocks.

One of the best ways to do this is by making a list of Top penny stocks that are in the middle of a recovery. Then, find out which ones may be better to trade at that time. Here is a look at 5 penny stocks that have been recovering recently. Will they continue higher before the end of the week?

Penny Stocks to see # 1 Trade stock

The first penny that investors might consider in this regard is that of Trade stock  . As we have seen firsthand, it has enjoyed a considerable recovery over the past few weeks. Yesterday, the biotechnological penny stock recovered even more after Aethlon completed the direct registered offer of its common shares.

Penny Stocks to see # 2 Citius Pharmaceuticals

The other penny that has been in the middle of a recovery is that of Citius Pharmaceuticals (CTXR - Stock Report). Since December, the Top penny stock has recovered by up to 229%. He has become one of the biggest winners among penny shares, and much of it is due to the positive result of the provisional useless analysts of his Mino-Lok.

Penny Stocks to see # 3 Soleno Therapeutics

Next, investors could also look at Solano Therapeutics. It has recovered significantly over the past week and gained up to 35%. The bio pharmacy firm focuses on rare diseases. During the last 2 months of 2019, SLNO shares increased by 234%.

Penny Stocks to see # 4 Tarena International

Another penny share that investors might consider is Taren International (TEDU - Stock Report). He has made impressive progress over the past week. The company offers professional education services in China through an innovative platform. It combines live instruction, as well as classroom tutoring and online learning.

On January 19, the company announced that the List Qualifications Department of The Nasdaq Stock Market Inc sent a letter indicating that Taren has regained compliance. Their shares were able to maintain the minimum bid price required by the exchange. Essentially, this means that the shares will continue to be listed on Nasdaq without any problem. That resulted in a rebound in TEDU shares. During the past week, he recovered by more than 65%.

Penny Stocks to see # 5 Accuray Incorporated

Finally, it is Accuray Incorporated (ARAY - Stock Report) that has emerged as another penny stock that could be worth tracking. Since January 10, ARAY shares have gained more than 96%. Accuray shares are likely to be on several penny stock watch lists if this trend continues. See more:  best penny stocks.