Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,157,200 members, 7,832,927 topics. Date: Sunday, 19 May 2024 at 12:46 PM

Best Penny Stocks To Buy In Nigeria Stock Market - Investment - Nairaland

Nairaland Forum / Nairaland / General / Investment / Best Penny Stocks To Buy In Nigeria Stock Market (7378 Views)

Best Penny Cryptocurrency To Invest In 2021 / Nigeria’s Stock Market Closes For Christmas With N2bn Loss / Nigeria Stock Market Among The Top 5 Global Performers In 2017: CNN (2) (3) (4)

(1) (Reply) (Go Down)

Best Penny Stocks To Buy In Nigeria Stock Market by ogedanny: 9:00pm On Apr 03, 2018
Best Penny Stocks to Buy in Nigeria - Learn the Fundamental & Technical Analysis to Know How to Invest In Profitable Penny Stocks in Nigerian Stock Exchange - 2018, 2019 & 2020

6 Months from Now, You'd Wish You Grabbed These Hot Nigeria Stocks - See Here - https://nigerianstockstobuy.com/best-stock-recommendations-buy-nigeria/

Penny stocks in Nigerian stock exchange market are small equities with relatively lower prices ranging from 50k to N10, they are small-cap stocks investors can make money on, in terms of share price appreciation.

Local and foreign equities investors are showing growing interest in penny stocks because of their lower prices. Besides, 80% of emails I receive from small traders revolves around penny stock recommendations and the reason isn't far from the fact that they can afford to buy more units even with little money.



While some investors are buying in anticipation of improvements in their status and future potentials, others might be buying these stocks for the quick return it offers, say 3-6months.

Penny stocks, when compared with big-cap or well-capitalised or stocks in the premium index, offer the potential of earning greater returns on investment in terms of share price appreciation. For example, it is easier for a 90k stock to rise to N1.8 or gain 100 percent in price appreciation in weeks than, say a stock like SEPLAT trading at a price of N630 to double to N1,260.

Again, with the same Naira amount of money in your pocket, you are most likely to acquire more quantities of low priced penny stocks than you would get of a big-cap priced stock.

However, investing in penny stocks isn't devoid of risk too. The same way, the price could easily rise by a double-digit figure, that's how it can also fall sharply. So, before investing in a penny stock, it is proper to do your homework to avoid picking the wrong stock.

How to pick the best penny stocks to buy in Nigeria
In this penny stock investing guide, I will be sharing my practical steps to identifying the best penny stocks to buy right now.

Focus on top sectors.
The first step to picking the best penny stocks in to find growing companies that will benefit from new economic policies. I always say it whenever I discuss stock market trading tips with my clients, "no matter how great your company is, an estimated 47% of its financial performance will be influenced by the sector" why not find top sectors investors are throwing more money into and then pick penny stocks in those sectors?

In my book -"The Little Secrets That Make Big Money In Stock Market, I share amazing steps to uncover top sectors to find the hottest stocks to buy and where to quickly check these sectors' performance online, you can click here to grab a copy.

If you are in Canada, here is your plug in Penny stocks trading - https://bestpennystockscanada.com/

As of this writing, Healthcare, Financials & Energy sectors are top performers to focus on.

Read full guide - click here - http://nigerianstockstobuy.com/best-penny-stocks-buy-nigerian-stock-market/
Re: Best Penny Stocks To Buy In Nigeria Stock Market by ogedanny: 5:45pm On May 14, 2018
Fidson is one of the top penny stocks to look at right now.

Caverton Offshore isn't a bad idea; this stock performs well when oil price is bullish.
Re: Best Penny Stocks To Buy In Nigeria Stock Market by SilverG33k(m): 6:09pm On May 14, 2018
See this broker oh.... I don't know much about stocks but as a 20yr old, I want to know everything about investments

Is penny stocks not pink sheet stocks or something like that?? Most penny stocks don't go up and the ones that goes up takes longer time....

If you want to sell stocks to people, be more convincing, no one will just give you their money for stocks they know nothing about, we are also too lazy to do some research too
Re: Best Penny Stocks To Buy In Nigeria Stock Market by ogedanny: 6:21pm On May 14, 2018
check d link to detailed guide on how i pick penny stocks
Re: Best Penny Stocks To Buy In Nigeria Stock Market by Ugosample(m): 8:26pm On Jun 27, 2018
imo i dont think nigeria have penny stocks in the real sense of it i.e. the way Americans see penny stocks

1 Like

Re: Best Penny Stocks To Buy In Nigeria Stock Market by ogedanny: 7:50am On Sep 16, 2018
There are but most of them are dead penny stocks
Re: Best Penny Stocks To Buy In Nigeria Stock Market by Ugosample(m): 10:30am On Sep 16, 2018
ogedanny:
There are but most of them are dead penny stocks

give examples
Re: Best Penny Stocks To Buy In Nigeria Stock Market by ameboqueen: 6:10pm On Dec 29, 2018
Some of the penny stocks to watch now in the banking sector are Fidelity (N2), Sterlings (N1.81), FCMB and Wema bank.
Re: Best Penny Stocks To Buy In Nigeria Stock Market by ssolaoye: 10:41pm On Apr 03, 2019
Successful secrets about how to trade and make money from penny stocks in Nigeria.

https://nairabarter.com/blog/trading-penny-stocks-in-nigeria/
Re: Best Penny Stocks To Buy In Nigeria Stock Market by tongzhengshijie: 3:44am On May 30, 2019
The Jewish saints who are changing the World


The Jewish nation is the most mysterious and intelligent nation in the world.

Since they were expelled from their native lands by the Romans in the first century AD, they have been wandering around the world, not only it have not been assimilated by other nations, but even men of talent come out in succession, resulting in countless great people who have influenced the world;

In the fields of science, art, law, commerce and so on, there are outstanding achievements and outstanding contributions of this nation in promoting the advancement of the industry;

Jews only account for 0.2% of the world's population, but have more than 20% of Nobel laureates, that is, one in every five Nobel laureates is a Jew;

Einstein, Marx, Rockefeller, Morgan, Picasso, Buffett, Kissinger, Freud, Oppenheimer... one by one, the names of people who are heard round the world and known to women and children all share a common feature - Jews;

Today, Jewish merchant Ajm, a twin brother of Bitcoin, is also from a team of Jewish, Jewish saint JT - a team of world-class Jewish consortium elites!

The suffering of the nation and the uncertain future and destiny have inspired the great creativity of this nation, and they have also produced a compassion feeling while fighting. For this reason, Jewish saint JT has the idea of smashing the old system and changing the old world; it has the hope of breaking through the traditional rules and establishing new ideas.

Based on the advanced fourth-generation blockchain technology, the future development vision of Jewish merchant Ajm is to seamlessly connect with billions of people around the world, to create a decentralized application ecosystem, and to realize the good wishes of changing the world.

Ten years ago, when Nakamoto came up with the concept of Bitcoin, the idea that Jewish merchant Ajm would change the world had already sprouted. Bitcoin is like a pioneer who explores the road. From the obscurity of the birth to the success of the sensation of the world, it has provided a reference for the Jewish merchant Ajm's sublimation and break.

After a decade of dormancy, Jewish merchant Ajm made a gorgeous appearance: the revolution that changed the traditional world and innovated the global digital economy had kicked off.

The story of "A Thousand and One Nights" has been widely circulated around the world, and it has made the Arab nation which has deep origin with the Jewish nation. And a thousand years later, this magical fate continues, and the mythical story of the Jews will be written. The Jewish merchant Ajm will include a thousand and one stories that change the old world and build a new world.
Recently, the famous blockchain wallet Tark has reached a strategic cooperation with the Jewish merchant Ajm, globally, it will send you Ajm worth of 10,000 US dollars after your registration, the activity is unprecedented. The strong cooperation is bound to promote the transformation of the blockchain in the financial field, accelerate global payment transactions, and realize the ecosystem of global cross-border settlement.

The shocking moment has arrived, and a revolution sweeping the world is coming, let us wait and see!

(1) (Reply)

Investment Opportunities Available In Nigeria / What Is The Full Meaning Of PLC? / Site To Make Money From

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 40
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.