Best Penny Stocks To Buy Right Now

19 October 2022

If you want to outperform the broader financial markets with your investments, try adding penny stocks to your portfolio.

Penny Stocks

By examining some of the finest penny stocks to purchase now for 2022, this guide seeks to clear the air. Stock exchange-traded penny stocks are much safer, even if some cost a little more than $5 per share. As a result, we've compiled a list of ten of the finest penny stocks to buy in 2022, with a focus on those that can be purchased safely through a regulated brokerage.

1. Lucky Block- One of the Best Investments in 2022
2. Sunworks- Best Best Penny Stock for Solar Energy Exposure
3. Gevo- Rising Penny Stock for Renewable Biofuels and Chemicals
4. Toughbuilt Industries- Cheap and Most affordable Penny Stock to Buy
5. Boxlight- The Most Promising Penny Stock
6. Nano Dimension Ltd – Best Tech Stock by Israeli technology manufacture
7. Globalstar – A  satellite communications company Penny Stock

Continue reading to learn why we prefer the penny stocks mentioned above for 2022.

1. Lucky Block- One of the Best-Performing Assets of 2022

Lucky Block was founded in late 2021 as a blockchain-based project. The overall goal of this project is to leverage blockchain technology and smart contracts to revolutionize the global lottery industry.

Despite the fact that Lucky Block isn't a classic penny stock, it shares many of the same qualities. The fact that Lucky Block has delivered tremendous growth for early investors, with growth levels significantly exceeding the market average, is at the forefront of this. For example, at its presale debut in January 2022, Lucky Block was initially offered for purchase for just $0.00015 per token. The project has now reached all-time highs of almost $0.009 per token, making it the greatest affordable cryptocurrency to buy in 2022.

As an outcome, the value of Lucky Block has increased by over 6,000 percent in just over a month of trading. Furthermore, Lucky Block has since experienced a temporary correction, with the token available to buy at slightly over $0.007 as of writing, in line with the wider markets.

2. Sunworks- Best Best Penny Stock for Solar Energy Exposure

Sunworks is a company that sells high-efficiency solar power systems. It serves customers in a variety of industries and sectors, including agriculture, residential, commercial, industrial, and government, with solar power and battery storage solutions.

If you want to invest in a solar energy firm that is inexpensive, Sunworks is one of the greatest penny stocks to keep an eye on. Sunworks is now trading at little over $2 per token, equating to a market capitalization of just under $60 million as of this writing.