Top five penny stocks to watch in 2012

One company is building momentum and gobbling up market share The coming year will see major events play out, including the Presidential election, continued turmoil in Libya, the potential fall of the Euro, and other events that will create some key investment opportunities. Based on analysis I conduct for my financial newsletter, Peter Leeds Penny Stocks, I'm expecting the following events to occur in 2012, with some specific stocks enjoying strong performances as a result. Disclosures: - This article is written from a politically neutral viewpoint. - Peter Leeds is personally invested in precious metals. - Stocks mentioned were previously profiled for subscribers of the Peter Leeds newsletter. 1. Cryocell BB benefits from Obama re-election Based on percentages coming in from nine battle ground states, and the number of Electoral College votes from each, it appears that Obama would win if the election were held today. I expect his lead to increase as the campaign enters full swing. One company that could benefit from a few more years of a Democratic president would be Cryocell (CCEL). They are a cord blood banking company, with 10 consecutive profitable quarters and a globally expanding client base. Under a Bush administration that fought against stem cell research, a big part of CCEL's industry, the company and its shares were hammered. Now after several years of "friendlier" policies, and the prospect of another four, Cryocell is building momentum and gobbling up market share. The Peter Leeds price outlook: $4.45. Continue reading this article here.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: Trading IdeasGeneral
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!