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5 Hot Penny Stocks Exploding After News This Week

One of the go-to strategies for finding penny stocks to buy – at least for some traders – is identifying obvious catalysts. One of the most “obvious” typically comes in the form of company news. It takes more diligence than simply looking at the top headline and determining if the news is meaningful. But since there is such a low barrier to entry in finding corporate updates, it can be a quick way to make an initial watch list.

Today we look at a handful of penny stocks to look out for after PR wires heated up on Thursday. All have caught strong momentum during premarket trading and are gaining attention across most mainstream social media outlets. You’ll have to decide whether the news and market action makes these penny stocks with huge potential.

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