![]() Or, the company’s investments in several audio media-related startups, such as Quu and SpokenLayer. Take for example BBGI’s ownership of the Houston Outlaws, an Overwatch e-sports team. Or is it? Besides owning 62 radio stations in 15 markets, the company also has exposure to industries that are anything but old school. An owner and operator of radio stations, BBGI definitely is not in the “cutting edge” category I described above. So, among the penny stocks, which ones should you keep an eye on ahead of big moves in 2022? These seven names - a collection of early-stage companies, fallen angels and turnaround plays - are just a few to keep on your radar:įirst up on this list of penny stocks is Beasley Broadcast. ![]() federal policies could also result in big moves for pot stocks, which have floundered after the “blue wave” failed to deliver. Think of a successful turnaround, or news of a big customer sign-up. For instance, for an electric vehicle (EV) play, shares could see progress after flagship products are brought to market.Įven less-than-cutting-edge companies stand to see major developments next year, setting up their respective stock prices for a jolt. These spikes could arise from game-changing developments. Why? Well, while few are trading at or near all-time highs right now, there are still scores of low-priced names that could see big spikes in the coming year. ![]() But that doesn’t mean you should skip out on the category completely. ![]() Success in investing in sub-$5 stocks has become even more elusive. This makes sense, given that cryptocurrencies have again become the risky plays favored by most retail speculators. In recent months, the market’s appetite for penny stocks has been seriously curbed. ![]()
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