Penny Stocks 2014 - Below is a list of the Top
Penny Stocks to Buy in 2014. These are some of the best penny stocks right now and the penny stocks to watch as we head
Since Rite Aid (RAD) just rallied from $2.44 - $3.60, the gains have already been made in 2013
vs. 2014. RAD was one of my best penny stock picks in a long time. It took just four months to rally 50%.
My next best penny stock idea for 2014 is Hansen Medical (HNSN). Hansen Medical (HNSN) recently saw
a flurry of heavy insider buying around $1.23. While the stock is currently trading at $1.70, I would wait for a pullback.
Hansen Medical, Inc. (HNSN) develops, manufactures, and sells medical robotics designed for the positioning, manipulation,
and control of catheters and catheter-based technologies. It offers Sensei Robotic Catheter systems and Artisan catheters
for the manipulation, positioning, and control of mapping catheters during electrophysiology procedures; and Lynx catheter,
an irrigated ablation catheter. The company also provides Magellan Robotic System, a peripheral vascular interventional platform,
which is used in combination with the Magellan Robotic Catheter for vessel navigation, catheter stability during the manual
delivery and placement of therapeutic devices, reduced procedural radiation exposure and fatigue, and precise robotic control
of distal catheter tips.
Hansen Medical (HNSN) was once compared to Intuitive Surgical (ISRG) by Jim Cramer of
CNBC. Jim Cramer even recommended HNSN to his viewers between $15-$20 per share. While HNSN never made
it big, they continue their attempt to innovate and hope their products will be adopted. HNSN stock has rallied up to
$1.70 due to the heavy insider buying recently which could be a sign that this company is ready to make a move.
Insiders own over 50% of the company now but they have a long road ahead of them. When you are looking for penny stocks
to buy in 2014, it is critical that there is heavy insider ownership because most penny stock companies will end up bankrupt
or diluting their shareholders. I'm going to give HNSN a 2014 price target of $2.50.
Penny Stocks to Buy in 2014 - Chelsea Therapeutics
(CHTP) and Samson Oil & Gas (SSN) were two penny stocks to buy in 2014 but they have already exploded in 2013.
While I still think you can buy large dips in SSN and CHTP, most of the gains have already been made. Keep an eye on
these penny stocks in 2014: HEMP, MJNA, CBIS, DROP.
Hemp, Inc. (HEMP) - Hemp, Inc. (HEMP)
is an OTC penny stock to watch in 2014. Every time marijuana law chatter makes it's way into the media, penny stocks
like HEMP, MJNA, and CBIS skyrocket. These three penny stocks are also hot around election time as well. The legalization
of marijuana under state law is starting to become a real thing. If you plan to invest in penny stocks in 2014, you
have to understand that these companies are pretty much momentum driven. They have no assets but when they start moving,
day traders will bid them up. HEMP is currently trading at $0.015 and there is a good chance it will hit $0.03-$0.04
in 2014. However, it might drop under $0.01 first. I would only buy HEMP if you see it break out on heavy volume.
Medical Marijuana, Inc. (MJNA) - Medical Marijuana, Inc. (MJNA) is
a buy below $0.10 and I think it could easily hit $0.25-$0.30 in 2014. Again, only buy when you see a clear break out
and keep a tight stop. When these pump and dumps start moving you will read things like MJNA is going to $5!!!
Ignore the articles and focus on selling for a nice profit.
Cannabis Science, Inc. (CBIS) - Cannabis
Science, Inc. (CBIS) is another penny stock to watch in 2014. CBIS is currently trading at $0.05 and I feel at some
point in 2014, CBIS will hit at least $0.07. I'm also expected a drop to $0.02-$0.03.
Penny Stocks are high
risk but can offer huge reward if you buy the right ones at the right time. Keep an eye on price action and volume,
that will tip you off as to when these penny stocks will rally in 2014. If you want to buy lower risk stocks, visit
my stock picks group. We play good quality companies and we find the earnings winners.