Online Gambling Penny Stocks

1. Online Gambling Penny Stocks Today
2. Online Gambling Penny Stocks Quote
3. Online Gambling Penny Stocks History

Since the Great Recession rocked global markets in 2008 and 2009 stocks and penny stocks to watch alike have largely rebounded. New all-time highs have been reached while the price-to-earnings ratios of many S&P 500 companies are increasingly expensive, often prohibitive to many investors.

The value of Caesars stock has been steadily rising across April, from a price of $6.28 per share on April 3 to $8.87 on April 24. Many analysts predict the casino company’s share price to rise above $10 and some, like Credit Suisse give “outperform” ratings for Caesars and a target share price as high as $13. All that remains is finding the right stocks to buy. And this brings us to penny stocks, those low-cost equities priced below $5 per share – are a high-stakes opportunity with upsides that.

So where do these investors turn when they’re looking for penny stocks that haven’t already exploded in value over the last decade? After all, it’s very difficult to find good long term deals in the market when even smaller S&P 500 companies are showing market caps near $1 billion.

In case you're new to Penny Stocks Investing and trading penny stocks, it essentially involves investing in stocks of those companies that trade with a LOW share price, often less than $1. An extremely low share price allows an investor to hold thousands of shares for a relatively small amount of invested capital.

Since this business involves investing in a company's potential, it requires considerable investing experience.

Small-capitalization stocks, and Penny Stocks alike have been hit particularly hard in the market’s rapid volatility over the past couple months. Investors see the Coronavirus’ fallout threatening this sensitive group, which tends to see its performance suffer more than larger companies in recessions.

With that being said, now might be a great time to take advantage of the best penny stocks to buy for literal pennies on the dollar!

The Top Penny Stocks for 2020 Are:

1. Aerotech (NASDAQ: ARTX)

Aerotech is a defense design and manufacturing company that is capitalizing on two of the biggest growing industries next year: Drones and Virtual Reality. The difference between Aerotech and other companies in this space is it services 80% of the growing global aviation industry.

It's price per share is trading at around $2.99 as of December 2020.

You can find out more about ARTX market cap, and trading volume here

They primarily create technology for the military and law enforcement. A recent award for interactive law enforcement training systems has lead the stock to rally this quarter to an all time high of $4.20 followed by a correction to $3.66.

We expect this to be a hot stock when they announce fourth quarter earnings early next year, after reporting a strong increase in operating income for the third quarter compared to the previous period, from $357,000 to $1.8 million.

With a year-over-year growth in debt of 69.78%, NA's debt growth rate surpasses 83.32% of about US stocks. As for revenue growth, note that ARTX's revenue has grown -12.04% over the past 12 months.

2. Mueller Water Products, Inc. (NYSE: MWA)

Mueller Water Products, Inc. is the leading fire hydrant maker in the U.S. Having sold over 3 million fire hydrants, Mueller Water Products, Inc. is doing pretty good with one fire hydrant running $1000.

For the fiscal year ended 30/09/2019 MUELLER WATER PRODUCTS' revenues increased by 5.68% on the stock market.

Although hydrants last for decades, the same cannot be said of the gaskets and seals. In this scenario, replacing a worn out hydrant is the best option.

With 10- 20 million fire hydrants in the US, Mueller boasts of an extensive supply base (3 million), which makes them good stocks to buy. Besides, the company receives low commodities prices. This, to a large extent, increases its profit margins.

3. Valeant Pharmaceuticals Intl Inc (VRX)

Although it experienced problems that saw its stock reduce by 82% over the last 12 months, Valeant Pharmaceuticals Intl Inc (VRX) is one of the best penny stocks to invest in since its price per share is quite low. This is a great long term penny stock to watch with a relatively high trading volume.

At the moment, Valeant Pharmaceuticals is one of the few biotech industries that trade so affordably. Recently, the company gained over 35%, in just three trading days. The price per share now sits at around $24 per share.

Its affordability has served as a beckoning signal to many investors who seem to respond positively to the call. In fact, the company offers one of the cheapest stocks.

With all the risk in trading penny stocks comes a lot of potential opportunity. After all, getting in on the ground floor of a company before its stock price explodes is the dream of many casual investors, and penny stocks are one of the primary ways to accomplish that. Check out our latest article on penny stocks to watch under 1 cent

This is a company that supplies air transport and food processing industries with solutions and materials respectively. Thanks to low gasoline prices, many people prefer to travel by air; this spells big business for this company that designs, manufactures and services airport ground support, besides providing other services.

The modern lifestyle has increased demand for food packaging. JBT's input in the production of packaging is cheap, which translates into high-profit margins.

PLong term Investors out there wondering how to invest in penny stock should make a deal with JBT, one of the best-performing penny stocks to buy now and the best cheap stocks to buy now.

5. Northern Dynasty Minerals Ltd. (NYSE: NAK)

This Vancouver based company specializes in U.S. mineral exploration.

The new administration has set out a pro-mining agenda, especially with the former Exxon Mobil CEO Rex Tillerson nominated for Secretary of State.

6. Hecla Mining Company (NYSE:HL)

In a time of political and economic uncertainty the oldest minerals stock on the exchange is a place where investors could turn.

Hecla Mining Company (founder 1891) specializes in precious minerals mining and has reported record silver reserves for 10 years in a row.

NOW is a great time to take advantage of this cheap penny stock in December.

Conclusion

Traders and investors looking for how to invest in penny stocks can buy stocks from one or more companies highlighted above. The good thing these companies are offering good stocks to buy at the moment.

Online Gambling Penny Stocks Today

As we mentioned, penny stocks to watch are notoriously risky. So tread with caution.

That said, there is certainly the opportunity to discover undervalued and under-reported companies before they take the markets by storm.

Additionally, stocks like these are too small for most big, institutional investors to get involved in. Many of them are restricted from investing in smaller companies while others just don’t feel it’s worth their time.

Moreover, analysts tend to ignore stocks like this. That can be a double-edged sword: For one, other low-level investors are less likely to jump on a stock simply because it hasn’t received any coverage anywhere else. However, it makes doing your research on a company even more difficult.

Contents

Sports betting and esports betting is a growing industry. With the coronavirus crisis continuing sports betting will experience a likely temporary stall but this gap will be fuelled by the growth in esports and esports betting.

Gambling operators who offer sports and esports betting will concentrate on their esports and online gaming offerings, potentially overcoming a blip in their revenue generation with spending and gambling on gaming. Indeed, esports and gaming is an industry that is thriving as people stay home in 2020. Verizon is reporting increases in online gaming activity of up to 75%. Esports betting sites like Unikrn and Luckbox are reporting unprecedented growth in esports betting activity. Luckbox, for example, saw betting revenue rise by 50% in February and March of 2020.

Coupled with demand and growth, gambling operators are finding new market opportunities and affirmation of their activities in the form of regulatory approvals for sports and esports betting. Nevada’s gambling regulators have now approved betting on Call of Duty, CS:GO, League of Legends, Dota 2, iRacing, and Overwatch including online-only events and tournaments perfectly acceptable in a time of physical distancing.

The US lifted a federal ban on sports betting in 2018. Many US states have now legalized sports betting and esports betting is increasingly positively regulated. As per US News around $13 billion worth of sports bets were placed in 2019. The Bank of America predicts that sports betting could be available to 50% of citizens by 2022, with 30% having access to mobile gaming. In addition, sports gambling could grow at as much as 32% CAGR in the next three years. As per Wholesale Investor and Luckbox, Esports betting is forecast to grow at a rate of 44% CAGR over a four-year period reaching a value of $17.2 billion by the end of 2020.

The long-term growth potential of sports and esports gambling and the short-term significant spike in esports betting coupled with a longer-term rise provides a viable opportunity for investors. Let us look at sports betting and esports gambling stocks worth watching and considering right now:

1. Caesars Entertainment Corporation

Pitched as one of the most geographically diverse US casino entertainment companies, by September 2019 Caesars was running sports betting in seven US states. As of April 23, 2020, the company’s stocks had achieved over 6% gains in the five prior trading sessions leading to bullish predictions for its shares. As per News Heater, in addition, Barron’s is reporting an online gambling boom amidst the coronavirus lockdown.

The value of Caesars stock has been steadily rising across April, from a price of $6.28 per share on April 3 to $8.87 on April 24. Many analysts predict the casino company’s share price to rise above $10 and some, like Credit Suisse give “outperform” ratings for Caesars and a target share price as high as $13.

2. DraftKings

Sports betting company DraftKings has just become publicly listed after its merger with Diamond Eagle Acquisition Corp and SBTech. Its first day of trading on April 24 saw stock price surges as high as 18% with its stock price settling at $19.35 at the close of trading, as per Market Watch.

DraftKings CEO Jason Robins expects sports betting demand to rebound after the coronavirus crisis. Despite a shortage of sports betting opportunities, DraftKings is offering new gambling opportunities. Its fantasy esports contests saw 50-fold growth in March and its allowing users to bet on simulated matches in games like Madden NFL, as per CNN Business.

DraftKings

3. Flutter Entertainment

Bookmaking holding company Flutter Entertainment was created out of the merger between Paddy Power and Betfair. Its stocks have been popular for some time, illustrated by a high price-to-earnings ratio for its shares. But, with the impact of the coronavirus it has canceled its 2020 stock dividend. It has furloughed staff too, but as per the Motley Fool is financing this without government help.

Flutter Entertainment also owns Sportsbet in Australia as well as the US’s FanDuel. It is due to merge shortly with the Canadian gambling giant The Stars Group (CSG). Across the first quarter of 2020, Flutter saw overall revenue up 16% to £547 million with sports betting up 13% to £407 million and gaming revenue up to £140 million.

4. LeoVegas AB

Online Gambling Penny Stocks Quote

Sweden’s LeoVegas AB has seen a significant share price rise of over 20% in recent months. Some question whether the company is undervalued whilst other analysts argue this point. There is optimistic future growth but the stock price hike for LeoVegas may have already happened depleting the opportunity for new investors, as per Simply Wall St.

LeoVegas has a “Mobile First” strategy which could position it well for future growth as the global mobile gaming market grows. Its brands include Royal Panda, Pixel.bet, Bet UK, Crown Bingo, and Bingo Stars amongst others.

5. MGM Resorts International

Though MGM does have some reliance on the physical gambling mecca of Las Vegas and its casinos it did also see the opportunity of online betting early and could be a position to take advantage of a growing sports gambling market. Physical casino closures due to the coronavirus have impacted MGM and its stock price plummeted then recovered slightly, as per Motley Fool, as a result. MGM’s established brand and substantial financial resources mean that it could survive the current global crisis well and come out positively on the other side.

Online Gambling Penny Stocks History

MGM partnered with GVC Holdings to develop its popular BetMGM mobile wagering application to take advantage of the increasing legalization of sports betting.

Morgan Stanley analyst Thomas Allen believes sports betting will be the biggest growth opportunity for the US gambling industry. Allen says legal sports betting revenue was less than $1 billion in 2019 but is expected to reach $7 billion by 2025. The illegal sports betting market is estimated at a size of around $150 billion.

If you’re unsure about investing in sports betting or esports betting stocks, take a look instead at some of the gaming and esports stocks worth watching in 2020.