One of the most important things to keep in mind when analyzing any set of stocks is to make sure that you end up with stocks that are undervalued by the market. That is perhaps the only way in which it may be possible for investors to make decent returns in the long run. The same goes for penny stocks which may be trading at 1 cent a share market at this point. This article gives you a glimpse into four penny stocks in that price range that may be currently undervalued by the market.
StrikeForce Technologies (OTCMKTS:SFOR) – One of the penny stocks around 1 cent a share mark which investors could consider looking into today is of StrikeForce Technologies. While the stock has not been in the news this week so far, last week the data security company had come into focus on July 7.
On that day, the Chief Executive Officer of the company Mark Kay went to The Stock Day Podcast for a chat with the host Steve Copley. During the course of the chat, Copley spoke about a range of topics about the company and also spoke about the necessity to change the name to StrikeForce Technologies.
Health Advance Inc(OTCMKTS: HADV) – The next one that ought to be on the list of investors is the Health Advance Inc stock, which had also been last in the news back on July 7.
The company made a major announcement on that day as it confirmed that its CBD-laced de-alcoholized wine beverage had finally gone into production. In addition to that, it was announced that the first manufacturing run was going to produce as many as 19400 units and would be made available to customers who had shown an eagerness for the early deliveries of the product.
Hannover House Inc (OTCMKTS: HHSE) – The Hannover House Inc stock has not been in the news for quite a while but it is one of the stocks in this category that may be worth tracking.
Back on June 21, this year, the company announced that it had set the filling date for its Form 10-12(g) registration filing with the United States Securities and Exchange Commission to be July 28. It now remains to be seen if the stock comes into focus among investors in the lead-up to that date.
Mass Megawatts Wind Power Inc (OTCMKTS: MMMW) – The renewable energy company Mass Megawatts Wind Power Inc is the next one that could well be on the radars of many investors today owing to a key development from last Friday. At the time the company had announced that it had decided to join the Corridor 9/495 Chamber of Commerce.
The decision to the join the Chamber is a part of the company’s wider effort to further widen its sales opportunities through the usage of the marketing outlets and business opportunities that would be offered by the Chamber.
Halberd Corporation (OTCMKTS:HALB) – The Halberd Corporation is a healthcare company that has accomplished considerable research work over the course of the past months.
Last week, the company was actually in the news after its Chief Executive Officer sent out a letter highlighting the company’s achievements and setting out the expectations for the rest of 2022. While the accomplishments so far from the company were impressive in their own right, the letter noted that the company was going to stay committed to its journey in which it was going to work on the development of treatments for neurodegenerative diseases.
Cyberlux Corporation(OTCMKTS: CYBL) – The digital technology platform company Cyberlux Corporation could well be one of the stocks to watch out for in July in this category. Back on June 21, the company was last in the news when it announced that it had finally submitted its amended quarterly report for the three months that ended on March 31, 2022.
Gaensel Energy Group Inc (OTC: GEGR) – The Gaensel Energy Group Inc operates as a holding company and has diverse interests across many industries. There has not been any news about the company this week so far but it should be noted that back on June 23, 2022, it made a major new announcement.
The company announced at the time that on June 22, 2022, it had been successful in completing the acquisition of a controlling stake in the firm CONSORZIO GREEN SOLUTION & GNL. It was a major development since the firm was going to be a part of the energy consortium that Gaensel Energy Group was working on.