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Best 5G Penny Stocks Right Now

As the 5G rollout continues, these 5G stocks show promise of moving up the charts.

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Communications Systems (NASDAQ: JCS)

Communications Systems is a leading provider of broadband network infrastructure. It serves global deployments with an emphasis on innovative, high quality and high-value solutions. The company enables large network clients and other customers to efficiently deliver, manage and optimize their broadband network services and architecture.

The company stock has a market cap of $37 million and an EPS of $0.32. It has an annual dividend yield of $0.08 per share. Communications Systems has an average daily trade volume of 4,000 shares. It generated revenue of $50.9 million in 2019.

3.97 0.07 (1.79%)
Volume 11.06K Market Cap 37.13M
3.8801 - 4.19
3.5001 - 9.8991
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ASE Technology Holding Co (NYSE: ASX)

ASE Technology Holding Co is a joint venture of Advanced Semiconductor Engineering and Siliconware Precision Industries. The company provides semiconductor manufacturing services in assembly and testing. Also, it does IC packaging and electronic manufacturing services. ASE aspires to offer advanced technical support to companies and organizations with 5G applications.

This Taiwan-based company has plants and offices in China, the U.S., Japan, Malaysia and Singapore. It has over 92,000 employees. ASE Technology’s year-end net revenue for 2019 was $16.8 million — up 4.1% from 2018. It posted an earnings per share of $3.96.

4.57 0.195 (4.46%)
Volume 1.46M Market Cap 9.74B
4.34 - 4.58
3.17 - 5.7
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GoPro (NASDAQ: GPRO)

Founded in 2002, GoPro makes cameras and accessories to capture your outdoor activity while you live your best moments. GoPro products make it easier for you to share your experiences with people online. The HERO9 Black, HERO8 Black, MAX and HERO7 Black are GoPro’s most popular products. Over the years, GoPro has sold more than 26 million cameras in 100 countries.

GoPro has a market cap of $782 million and high liquidity with an average daily trade volume of 4.7 million shares. It generated $1.1 billion of revenue in 2019.

5.94 -0.17 (-2.78%)
Volume 2.19M Market Cap 935.99M
5.8 - 6.1501
2 - 7.2
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Cheetah Mobile (NYSE: CMCM)

This Beijing, China, industrial internet firm concentrates on consumers seeking to upgrade their homes and public spaces for 5G and the artificial intelligence (AI) era. Using AI and robotic technology, Cheetah Mobile makes and sells AI empowerment systems and robot devices designed to improve human-machine interaction, analytics and data management.

Cheetah Mobile proprietary voice, vision and multimodal technologies form the basis for smart home appliances, smart public services and smart customer services. It develops and markets voice-based service bots capable of greeting customers, providing information, vending and data delivery.

Cheetah Mobile’s systems have over 3 million voice interactions per day. For the 4th quarter 2019, this 5G company took a net income loss of $125 million. However, Cheetah’s stock price remained steady in the $3.50 range. The company posted a $-0.09 earnings per share.

1.90 -0.055 (-2.82%)
Volume 90.22K Market Cap 263.99M
1.89 - 1.9478
1.64 - 4.34
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Wipro (NYSE: WIT)

Wipro Limited is a global information technology company that offers consulting and business services. This company helps its clients adapt to the 5G era with the strength of robotics, cloud technology, cognitive computing and hyper-automation. With over 175,000 employees, this company services clients across 6 continents.

This penny stock company operates within 26 industries — including aerospace and defense, health care, consumer electronics, retail and consumer electronics. As a result, it has many revenue streams. Wipro’s headquarters are in Bengaluru, India. Its net income for 1st quarter 2020 was $1.29 billion — 8% higher than the year before. The company reported earnings per share of $0.22.

4.85 -0.01 (-0.21%)
Volume 1.91M Market Cap 27.71B
4.79 - 4.9
2.52 - 5.4978
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Biggest 5G Penny Stock Movers of the Day

Being on the lookout for a promising 5G stock on the movers of the day list is a good idea. It may be its first sign of potential.

The data provided below is intended for educational purposes only, we have included the session dates for your reference.

Premarket 5G Penny Stocks
Symbol Last Price Change % Change Trade
AIRI 1.3101 0.29 28.44% Trade
SDPI 0.49 0.064 15.05% Trade
IFMK 0.92 0.07 8.23% Trade
TH 0.8993 0.06 7.18% Trade
URG 0.4499 0.023 5.46% Trade
TELL 0.953 0.049 5.43% Trade
XBIO 0.88 0.045 5.43% Trade
CDEV 0.6118 0.029 5.01% Trade
DNN 0.3377 0.015 4.48% Trade
PXS 0.895 0.035 4.06% Trade
Symbol Last Price Change % Change Trade
NTEC 2.28 -0.796 -25.88% Trade
RIVr 0.0051 -0.001 -17.75% Trade
RAVE 0.72 -0.15 -17.25% Trade
HEXO 0.6065 -0.115 -15.97% Trade
ITP 0.7361 -0.108 -12.78% Trade
PSHG 0.4303 -0.06 -12.19% Trade
MSN 0.7702 -0.095 -10.96% Trade
VIVE 0.4579 -0.054 -10.54% Trade
ICON 0.6575 -0.072 -9.92% Trade
HUSN 2.14 -0.23 -9.71% Trade
Market 5G Penny Stocks
Symbol Last Price Change % Change Trade
NTEC 2.97 2.816 1831.07% Trade
SDPI 0.575 0.149 35% Trade
AIRI 1.37 0.35 34.31% Trade
AUMN 0.444 0.029 6.96% Trade
SYN 0.3185 0.017 5.63% Trade
SGRP 0.799 0.04 5.27% Trade
UAMY 0.42 0.02 4.99% Trade
TGA 0.4 0.017 4.3% Trade
TEUM 0.7 0.027 4.02% Trade
ISR 0.43 0.016 3.78% Trade
Symbol Last Price Change % Change Trade
HEXO 0.588 -0.134 -18.53% Trade
PSHG 0.42 -0.07 -14.29% Trade
ITP 0.77 -0.074 -8.76% Trade
HJLI 0.32 -0.03 -8.52% Trade
RAVE 0.8002 -0.07 -8.03% Trade
TGC 0.86 -0.069 -7.45% Trade
FET 0.452 -0.029 -6.09% Trade
CTRM 0.1236 -0.008 -5.87% Trade
HNRG 0.75 -0.045 -5.67% Trade
TELL 0.8543 -0.05 -5.49% Trade
After Hours 5G Penny Stocks
Symbol Last Price Change % Change Trade
XPL 0.45 0.03 7.14% Trade
TTNP 0.15 0.01 6.91% Trade
EXPR 0.65 0.038 6.24% Trade
GEN 0.4499 0.026 6.08% Trade
OBLN 1.05 0.06 6.06% Trade
JAGX 0.21 0.011 5.58% Trade
OEG 0.771 0.04 5.47% Trade
XBIO 0.9073 0.043 5.01% Trade
CRBP 0.9825 0.043 4.55% Trade
ICON 0.69 0.029 4.35% Trade
Symbol Last Price Change % Change Trade
CDEV 0.5801 -0.04 -6.4% Trade
RETO 0.71 -0.048 -6.34% Trade
TELL 0.9 -0.06 -6.25% Trade
RAVE 0.68 -0.04 -5.51% Trade
SDPI 0.46 -0.025 -5.1% Trade
CSCW 0.513 -0.026 -4.81% Trade
CEI 0.7 -0.033 -4.49% Trade
IZEA 0.6901 -0.03 -4.12% Trade
YGYI 0.561 -0.023 -3.96% Trade
RIBT 0.49 -0.02 -3.93% Trade

The penny stock market is like the minor leagues in professional baseball. In this space, former high- and mid-priced stocks compete for the possibility of returning to a higher level. Also, it is where new stocks vie for a big break. 

The emergence of 5G — 5th generation — communication technology has energized investor interest in 5G penny stocks. Any company with a connection to super-fast 5G communication technology has a chance of sharing in the growth. Are you interested? Here is a list of 5G penny stocks with great growth potential.

Overview: 5G Penny Stocks

Investors once considered penny stocks to be any security trading under $1. The Securities Exchange Act of 1934 changed that. The Securities Exchange Commission used this law to establish the penny stock trading rules and set the penny stock price classification at $5 and under. You can trade these stocks over the counter (OTC) or through any of the major exchanges. 

Penny stocks’ low prices allow easy acquisition. This helps investors control their risk while gaining exposure to possible exponential gains. In many cases, you can buy 5,000 shares of a penny stock for $200 — $0.04 per share. A $0.20 per share increase would give you a 500% profit or $1,200. If the company goes bankrupt, you only lose $200. 

Installing 5G super-fast networks has the power to boost the fortunes of technology and telecom companies — big and small. Penny stocks provide investors a low-cost way to share in this growth. 

Trading in the penny stock market, however, can be highly risky. Relying on luck and tips is a strategy for failure. 5G penny stock trading requires you to be as informed as you can.

Best Online Brokers for 5G Stock

Finding relevant information on certain 5G penny stocks can be challenging. By providing extensive research material and historical data, online brokers can help you improve your due diligence. Here’s a list of some of the best online brokers.

Commissions
$0
Account Minimum
$0
Get started securely through Webull’s website
Commissions
$0
Account Minimum
$0
1 Minute Review

Webull, founded in 2017, is a mobile app-based brokerage that features commission-free stock and exchange-traded fund (ETF) trading. It’s regulated by the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA).

Webull offers active traders technical indicators, economic calendars, ratings from research agencies, margin trading and short-selling. Webull’s trading platform is designed for intermediate and experienced traders, although beginning traders can also benefit.

Webull is widely considered one of the best Robinhood alternatives.

Best For
  • Active traders
  • Intermediate traders
  • Advanced traders
Pros
  • Commission-free trading in over 5,000 different stocks and ETFs
  • No account maintenance fees or software platform fees
  • No charges to open and maintain an account
  • Leverage of 4:1 on margin trades made the same day and leverage of 2:1 on trades held overnight
  • Intuitive trading platform with technical and fundamental analysis tools
Cons
  • Does not support trading in options, mutual funds, bonds or OTC stocks
Commissions
$0
Account Minimum
$0
Get started securely through TradeStation’s website
Commissions
$0
Account Minimum
$0
1 Minute Review

TradeStation is for advanced traders who need a comprehensive platform. The brokerage offers an impressive range of investable assets as frequent and professional traders appreciate its wide range of analysis tools. TradeStation’s app is also equally effective, offering full platform capabilities.

Best For
  • Advanced traders
  • Options and futures traders
  • Active stock traders
Pros
  • Comprehensive trading platform and professional-grade tools
  • Wide range of tradable securities
  • Fully-operational mobile app
Cons
  • Confusing pricing structure to leave new traders with a weak understanding of what they pay
  • Cluttered layout to make navigating TradeStation’s platform more difficult than it should be
Commissions
$0 $6.95 for OTC Stocks
Account Minimum
$0
Get started securely through TD Ameritrade’s website
Commissions
$0 $6.95 for OTC Stocks
Account Minimum
$0
1 Minute Review

This publicly listed discount broker, which is in existence for over four decades, is service-intensive, offering intuitive and powerful investment tools. Especially, with equity investing, a flat fee is charged, with the firm claiming that it charges no trade minimum, no data fees, and no platform fees. Though it is pricier than many other discount brokers, what tilts the scales in its favor is its well-rounded service offerings and the quality and value it offers its clients.

Best For
  • Novice investors
  • Retirement savers
  • Day traders
Pros
  • World-class trading platforms
  • Detailed research reports and Education Center
  • Assets ranging from stocks and ETFs to derivatives like futures and options
Cons
  • Thinkorswim can be overwhelming to inexperienced traders
  • Derivatives trading more costly than some competitors
  • Expensive margin rates

Features to Look For in 5G Stock

  • Earnings per share: Many 5G penny stocks have poor earning-per-share numbers. However, this metric is a good way to access the strength of the 5G company. It earmarks the amount of money available to pay shareholders after discounting all expenses, taxes and deductions. The calculation for the earnings per share is the net income minus the preferred stock dividend divided by the outstanding stockholder shares.
  • Transparency: When investigating a penny stock, get accurate information. Exchange-traded penny stock companies must meet minimum listing standards. However, over-the-counter (OTC) traded companies have no minimum requirements. Some of the companies haven’t built a track record yet. Others may have products in the development stages. Either way, your risk factor tends to be lower with transparent 5G penny stocks. 
  • Net revenue: Net income is a sound financial measure of success for a 5G stock. It is the amount of revenue remaining after you subtract all deductions, taxes and costs. Many times, it is the most solid metric you can find for many 5G stocks. Net income can give you a good indication of a penny stock’s past performance. But, it only hints at how a stock will do in the future. Use it with other factors. 

Qualities of a 5G Penny Stocks Investor

The penny stock market can be treacherous for the unprepared and reckless. It takes an investor with a high-risk tolerance to trade these securities. Developing a good risk management strategy will serve you well. With the proper preparation, you can use 5G penny stocks to gain exposure to the growth potential of the 5G era.

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