Best Healthcare Penny Stocks

Take a look at these 3 healthcare penny stocks to watch. The healthcare industry is a vibrant, fast-moving industry, so do some research outside this list.

Contributor, Benzinga

Revive Therapeutics (OTC: RVVTF)

0.22 -0.0025 (-1.14%)
17.01K
69.51M
0.2175 - 0.2419
0.12 - 0.51

As a medical company, Revive Therapeutics Ltd. focuses on the research and development of treatment of rare disorders and infectious diseases. Revive Therapeutics has also received FDA-approvals to use cannabidiol (CBD), psilocybin and Bucillamine to treat diseases.

RVVTF has a market cap of $101.5 million and an average daily trading volume of 3.5 million shares. It has a 52 week low of $0.26, a 52 week high of $0.70 and a 1-year return of 56.5%.

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Antares Pharma (NASDAQ: ATRS)

5.58 0.01 (0.18%)
1.41M
953.36M
5.57 - 5.58
3.11 - 5.59

Antares Pharma Inc is a specialty pharmaceutical company. It is focused on the development and commercialization of self-administered parenteral pharmaceutical products and technologies. The company’s products include OTREXUP, Elestrin, Gelnique, Makena, and others.

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Medical Marijuana (OTC: MJNA)

0.02 0.0002 (1.24%)
4.15M
0.00K
0.0162 - 0.017
0.0001 - 0.05

Medical Marijuana Inc. is currently 1 of the cheapest healthcare penny stocks with a price under $0.10. The company is positioned to profit from more relaxed laws on marijuana and CBD products. It’s already moving into markets that allow medical marijuana cards such as Arizona and California. It markets itself as the 1st cannabis company to trade publicly in the United States.

The company works through its subsidiaries like HempVap, CanChew Biotechnologies, Wellness Management Services, Red Dice Holdings, Kannaway and HempMeds Brasil. It’s working to be the 1st to market with government licenses in the United States and Brazil. MJNA is also leading efforts to bring cannabis products to Mexico.

Medical Marijuana Inc. is a pink sheet stock, so it has added risk. Pink sheet stocks are not carried through every broker. If you want to trade this company, make sure you’ve partnered with a broker that can actually trade it.

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BIMI Intl Medical (NASDAQ: BIMI)

0.62 -0.0028 (-0.45%)
57.63K
6.42M
0.61 - 0.666
0.3026 - 2.67

BIMI International Medical Inc is a healthcare products and provider, offering a broad range of healthcare products and related services and operates two private hospitals in China.

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Stem Cell Authority (OTC: SCAL)

0.02 0 (0%)
0.00K
0.00K
-
1.0E-6 - 0.05

Stem Cell Authority Ltd operates in the medical care industry. The company is engaged in finding stem cell doctor and offers stem cell therapy for hips, knee, and elbows. The firm also offers stem cell treatment for chronic pain and arthritis.

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Biggest Healthcare Penny Stock Movers of the Day

Stay in touch with the biggest movers to keep your finger on the pulse of the healthcare industry. Take a look at the table below to get a sense of the healthcare investment industry now.

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

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Premarket Healthcare Penny Stocks
Symbol Last Price Change % Change Trade
PEAR 4.26 0.67 18.66% Trade
CMAX 4.82 0.55 12.88% Trade
AUGX 2.16 0.15 7.46% Trade
NH 0.63 0.04 6.77% Trade
SY 1.085 0.065 6.37% Trade
SOPH 5.035 0.215 4.46% Trade
MTBC 3.93 0.15 3.96% Trade
ACON 1.43 0.05 3.62% Trade
HCTI 0.6936 0.023 3.41% Trade
MPLN 4.94 0.14 2.91% Trade
Symbol Last Price Change % Change Trade
BBLN 1.145 -0.065 -5.38% Trade
KERN 0.4372 -0.023 -4.96% Trade
UPH 0.775 -0.025 -3.13% Trade
TRHC 3.16 -0.08 -2.47% Trade
OTRK 1.66 -0.01 -0.6% Trade
Market Healthcare Penny Stocks
Symbol Last Price Change % Change Trade
KERN 0.52 0.06 13.04% Trade
RNLX 4.25 0.28 7.05% Trade
AMWL 3.23 0.14 4.53% Trade
MPLN 4.95 0.15 3.12% Trade
SMFR 2.05 0.05 2.49% Trade
Symbol Last Price Change % Change Trade
OTRK 1.65 -0.02 -1.2% Trade
BBLN 1.2 -0.01 -0.83% Trade
After Hours Healthcare Penny Stocks
Symbol Last Price Change % Change Trade
RNLX 4.5 0.5 12.5% Trade
UPH 0.81 0.03 3.87% Trade
BBLN 1.16 0.04 3.57% Trade
KERN 0.4523 0.015 3.45% Trade
NH 0.64 0.02 3.2% Trade
OTRK 1.7 0.03 1.79% Trade
SMFR 2.09 0.03 1.45% Trade
Symbol Last Price Change % Change Trade
SY 1.08 -0.02 -1.82% Trade

An aging population and the ongoing need for healthcare makes the healthcare industry expand market caps and offers big trading opportunities.

The expansion of healthcare includes many healthcare penny stocks that may benefit from increased attention to the industry. New attention means new dollars for research and development and investors are betting on the companies that will turn out new products.

Overview: Healthcare Stocks

The 2 main groups within the healthcare industry are healthcare equipment and services and pharmaceuticals, biotechnology and related life sciences. 

Industry leaders such as Pfizer (NYSE: PFE) and Merck and Co. (NYSE: MRK) can hold value during recessions. As the healthcare market hit lows during the coronavirus scare, these blue-chip companies brought hope for a vaccine from Gilead Sciences (NASDAQ: GILD), Inovio Pharmaceuticals (NASDAQ: INO) and others. Smaller stocks piggybacked on the positive attention and attracted investors.

Penny stocks provide some of the best opportunities for short-term gains in the healthcare industry. The coronavirus also created many buying opportunities and depressed the prices of stocks across the board. 

Best Online Brokers for Healthcare Stock

The broker you choose will likely affect the success of your trades within the healthcare industry. If you are a short term trader, it’s especially important that you pick an online broker that you can trust. You’ll need a broker with good execution, an intuitive user interface to minimize human error and a timely news service for up-to-the-second reports. 

Consider these online brokers as a great match for your investment style. Certain brokers don’t deal in penny stocks, so make sure you pick a broker that does. 

Brokers that deal with penny stocks may also charge additional commissions, depending on how difficult the stock is to obtain. Consider these fixed costs in your investments.

get started securely through Webull’s website
Best For
Intermediate Traders and Investors
N/A
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
  • No account maintenance fees or software platform fees
  • No charges to open and maintain an account
  • Intuitive trading platform with technical and fundamental analysis tools
Cons
  • Does not support trading in mutual funds, bonds or OTC stocks
get started securely through Moomoo’s website
Best For
Active Traders
N/A
1 Minute Review

Moomoo is a commission-free mobile trading app available on Apple, Google and Windows devices. A subsidiary of Futu Holdings Ltd., it’s backed by venture capital affiliates of Matrix, Sequoia, and Tencent (NASDAQ: FUTU). Securities offered by Futu Inc., regulated by the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA).

Moomoo is another great alternative for Robinhood. This is an outstanding trading platform if you want to dive deep into smart trading. It offers impressive trading tools and opportunities for both new and advanced traders, including advanced charting, pre and post-market trading, international trading, research and analysis tools, and most popular of all, free Level 2 quotes.

Get started right away by downloading Moomoo to your phone, tablet or another mobile device.

Best For
  • Cost-conscious traders
  • Active and Advanced traders
Pros
  • Over 8,000 different stocks that can be sold short
  • Access trading and quotes in pre-market (4 a.m. to 9:30 a.m. ET) and post-market hours (4 p.m. to 8 p.m. ET)
  • No minimum deposit to open an account.
Cons
  • No chat support
Get started securely through Axos Invest’s website
Best For
Sign Up Bonus
N/A
1 Minute Review

It seems like new digital investment management platforms are sprouting up left and right, and for good reason — there’s a great need for easy, straightforward investment management that doesn’t cost an arm and a leg in fees or to get started. If you’re new to investing or an old hat who wants to make the switch to a virtual manager, deciding which features you need can be confusing if not overwhelming.

If you want a no-frills financial management platform, Axos Invest (formerly WiseBanyan) takes a traditional but sophisticated approach to automated online investing.

Best For
  • Traditional investors trying out an automated investor for the first time
  • New investors that want to take a hands-off approach to portfolio management
Pros
  • Straightforward automated investing
  • Relatively low account minimum and automated investing fee
  • A solid roster of available investment account types
Cons
  • Not a stand-out from other services if you’re someone who likes all the bells and whistles with your digital financial platform
  • No direct relationship with a human financial advisor
get started securely through Interactive Broker’s website
Best For
GlobalAnalyst Product
N/A
1 Minute Review

This latest groundbreaking technology is IBKR GlobalAnalyst, a new trading tool that helps investors compare the rate of PEG or price-earnings growth valuations and provide more immediate and comprehensive financial metrics of stocks, globally.

Recognizing that stock selection can be challenging for investors to compare the valuations of domestic and international stocks, Interactive Brokers created GlobalAnalyst to offer investors a simple, yet powerful tool to easily evaluate investment opportunities around the world.

Using GlobalAnalyst, investors can search for stocks by region, country, industry, market capitalization and currency to uncover undervalued stocks worldwide. The resulting table displays the current market and financial metrics, including the PEG Ratio. The PEG Ratio is the PE ratio divided by the three-year compound earnings growth rate, and smaller PEG Ratios typically indicate undervalued companies.

Best For
  • Price earnings growth valuations
Pros
  • Easily evaluate investment opportunities
Cons
get started securely through eToro’s website
Disclosure: eToro USA LLC; Investments are subject to market risk, including the possible loss of principal.
Best For
Copy Trading
N/A
1 Minute Review

eToro is a broker that offers access to over 25 of the world’s most popular cryptocurrencies, forex and over 1600 stocks. They have a few unique education and useability tools. Traders can begin buying and selling in as little as 10 minutes.

eToro’s unique CopyTrader feature allows new investors to “copy” the buy and sell orders of professional investors, while the company’s eToro Club feature provides investors with a range of additional education tools and resources. 

Best For
  • Traders looking for an easy-to-use platform
  • Traders who want to practice their trades using a virtual account before entering the market
Pros
  • Simple platform that is easy to master
  • CopyTrader feature that allows new traders to copy the same strategies used by professionals
  • Virtual dummy account that gives you $100,000 to practice trades
Cons
  • High non-trading fees

Profit from Healthcare Penny Stocks

Healthcare is an important investment sector to watch. It may become more volatile than normal and provide many trading opportunities. 

Don’t let the lure of quick profits distract you from proper research to vet trades. There are plenty of opportunities to make money, but profitability can come at the expense of unprepared investors. Learn how to trade penny stocks and put your healthcare research to work.

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