10 best 1$ penny stocks in 2023

Friends, in today’s modern era, everyone wants to invest their money in the share market, and why not do it, share market is the only thing with the help of which you can become a millionaire overnight.

Every investor wants that the shares he bought He is able to give good returns but due to the mistakes of the investor, he is not able to buy good shares, due to whose carelessness he has to worry and he may have to bear the loss.

so do not make such a mistake, so we have brought very cheap and Very good stock which will be ready to give you good returns in future so without wasting any time let’s start with 10 best $1 Penny Stocks in 2023

TOP 10 1$ penny stocks in 2023

S.NO	Market Capitalization	1 year return	5 year return
BIONANO GENOMICS INC	317.6M	54.74%	84.98%
CYTOMX THERAPEUTICS INC	98.7M	41.57%	94.51%
CANOO INC	249.8M	16.17%	97.25%
EXRO TECHNOLOGIES INC ( EXROF )	371.45M	57.76%	695.65%
ENERGY $ WATER DEVELOPMENT CORPORATION ( EAWD )	7.45M	57.76%	72.79%
SORRENTO THERAPEUTICS INC	169.8M	-81.22%	-93.68%
FEDERAL NATIONAL MORTGAGE ASSOCIATION ( FNMA )	463.35M	48.71%	73.85%
NORTHWEST BIOTHERAPEUTICS INC ( NWBO )	645.44M	-31.64%	161.87%
NASCENT BIOTECH INC ( NBIO )	6.31M	36.69%	68.34%

BIONANO GENOMICS INC

Bioneno Genomics Inc. is an American private multinational company. The CEO of this company is Eric Holmin. This company was founded in 2003. The head quarter of this company is in San Diego California. Talking about the number of employees, there are a total of 550 employees in this company. Talking about the current price of the stock, 1.0 USD.

Market Capitalization = 317.6M

Dividend = 0

book value = 0.84$

PE ratio = NA

1 month return = 19.85%

1 year return = 54.74%

5 years return = 84.98%

SORRENTO THERAPEUTICS INC

Soronto Therapeutics INC is an American private company whose head quarter is in California United States. The total number of employees is around 1050. company was founded on 1989 . Henryji is the founder of this company . If we talk about the stock price of this company, then the stock price of this company is 0.37 USD.

Market Capitalization = 169.8M

Dividend = 0

book value = 0.29$

PE ratio = NA

1 month return = 8.82%

1 year return = -81.22%

5 years return = -93.68%

CANOO INC

Canoo Inc. This is a private automotive based company in America. This company works on electrical vehicles. The main objective of this company is to manufacture parts of electrical vehicles. The CEO of this company is Tony Aquila.

This company was founded in 2018. Head quarter is in California United States. Total 900 employees work in this company. Talking about the stock price of this company, the stock price of this company is 0.52 USD.

Market Capitalization = 249.8M

Dividend = 0

book value = 0.67$

PE ratio = NA

1 month return = 16.17%

1 year return = 90.1%

5 years return = 97.25%

CYTOMX THERAPEUTICS INC

Cytomx Therapeutics INC is an American private company, the head quarter of this company is in South San Francisco, California, United States, this company is a biotechnology based company, this company was formed in 2008, total 240 employees work in this company, frederick gluck is the founder is this company. current stock price of this company is 1.56 USD

Market Capitalization = 98.7M

Dividend = 0

book value = -1.29$

PE ratio = NA

1 month return = 25.71%

1 year return = 41.57%

5 years return = 94.51%

FEDERAL NATIONAL MORTGAGE ASSOCIATION ( FNMA )

Federal National Market Association It is a finance based multinational American private company Head quarter of this company is in Washington DC United States, Franklin D. Roosevelt is the founder of this company, This company was founded in 1938, Hugh R Frater is the CEO of this company, Current Talking about the stock price is 0.40 USD

Market Capitalization = 463.35M

Dividend = 0

book value = NA

PE ratio = NA

1 month return = 9.07%

1 year return = 48.71%

5 years return = 73.85%

NORTHWEST BIOTHERAPEUTICS INC ( NWBO )

Northwest Bio Therapeutics Inc. This is a biotechnology based American private company. This company deals with cancer therapy. This company was discovered on 1996. The head quarter of this company is in Maryland United States. Total Hundred employers work in this company. Talking about the current stock price is 0.60 USD

Market Capitalization = 645.44M

Dividend = NA

book value = NA

PE ratio = NA

1 month return = -8.85%

1 year return = -31.64%

5 years return = 161.57%

CYTODYN INC ( CYDY )

Cytodyne Inc American Biotechnology is the based private company, this company provides treatment to fight the virus, the head quarter of this company is in Washington United States, this company was founded in 2002 , Allen Allen is the CEO of this company , current stock price of this company is 0.34USD. This is best penny stocks if you are buying .

Market Capitalization = 231.21M

Dividend = 0

book value = NA

PE ratio = NA

1 month return = 19.05%

1 year return = 9.68%

5 years return = 34.62%

NASCENT BIOTECH INC ( NBIO )

Nascent Biotech Inc. This is an American private multinational company, the head quarter of this company is North Farm Beach, Florida, United States, or the company was founded in 2014, the CEO of this company is Sean Carrick, if we talk about the current stock price of this company. The stock price of this company is 0.051USD.

Market Capitalization = 6.31M

Dividend = 0

book value = NA

PE ratio = NA

1 month return = 36.69%

1 year return = 36.69%

5 years return = 68.34%

EXRO TECHNOLOGIES INC ( EXROF )

EXRO TECHNOLOGY INC. This is a Canadian private multinational company. The head quarter of this company is in Calgary, Canada. This company was formed in 2014. Total 180 workers work in this company. Talking about the current price, the stock price of this company is 1.83USD , Sue Ozdemir is the CEO of this company . this stocks under $1 that will explode

Market Capitalization = 371.45M

Dividend = NA

book value = NA

PE ratio = NA

1 month return = 1.61%

1 year return = 57.76%

5 years return = 695.65%

ENERGY $ WATER DEVELOPMENT CORPORATION ( EAWD )

Energy $ Water Development Course This is an American multinational company This company provides engineering service or the company keeps its full focus on water and energy This company is totally based on water and other available sources of energy This company was formed in 2000. The head quarter of this company is in Florida, United States. Irma Velazquez is the CEO of this company. current stock price of this company is 0.032USD . This stocks under 1 cent with potential

Market Capitalization = 7.45M

Dividend = 0

book value = NA

PE ratio = NA

1 month return = 36.50%

1 year return = 82.68%

5 years return = 72.79%

Read more – 10 Best Stocks For Next 10 Years

Read more – 10 best us stocks to buy in 2023

Read more – 10 best stocks will boom in 2023

CONCLUSION –

I hope that the article written on top 10 penny stocks by me will be of great use to you and I will keep coming with such articles in future so that you do not have any problem in purchasing any stocks in future, but here I want to tell you that if If you are thinking of buying penny stock, then you can take it at your own risk .

But before taking any stock, you must do a good research on it, so that in future you will not face any problem related to finance. It is good to write articles and I also have a lot of experience in finance, so I will keep you informed about everything related to the final through this website, till then thank you

FAQ- PEOPLE ALSO ASKED

Q1 – Do people make millions on penny stocks

Ans – It cannot be confirmed that people are earning millions from penny stocks, but there are some people who have generated a lot of revenue from penny stocks, but penny stocks are penny stocks, there is a lot of risk in this, you purchase it at your own risk. can do

Q2 – How long should you hold penny stocks

Ans – You can hold any penny stock for as long as you want, you can sell it in 5 minutes and you can also hold it for 1 year, it depends on you how much time you are going to give to any penny stock.

Q3 – Are penny stocks even worth it

Ans – Buying penny stock has always been a risky business, it is not necessary that you will only benefit from penny stock, it can also be your loss, all this you can purchase penny stock at your own risk.

Q4 – What penny stocks going to explode

Ans – biote corp , bird global inc , bark inc , are some penny stocks going to explode .

Q5 – what are red hot penny shares

Ans – The red hot penny stocks which are in very regulated form or regulated products whose price goes up and down very quickly, so you can purchase at your own risk.