Top Penny Stocks To Buy Now? 4 To Watch At The End
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Which penny stocks are on your watchlist with August only a few days away?
With August right around the corner, investors are searching for the best penny stocks to buy now. To do so is a combination of research and having a proper trading strategy for penny stocks. This year investors should also consider the effects of social media on the stock market. Websites such as Reddit and Twitter have become major influences on price action. Because of this, it’s important to stay up to date in order to stay ahead of the newest trends.
Verb Technology Company Inc. (NASDAQ: VERB)
Over the past year, the tech industry has become one of the most popular sectors to find penny stocks. And, one of the leaders in this industry right now is Verb Technology Company. Verb operates as a Software-as-a-Service (SaaS) company. This means that it provides software to companies and businesses alike.
One thing to keep in mind is that VERB stock is considered a meme stock. This means that it is frequently discussed on Reddit and Twitter, alongside other popular companies such as GME stock and AMC stock. While this does make it more volatile, it also increases the amount of investor attention placed on the company.
Verb’s platform consists of subscription-based software that is accessible by its clients. These applications have a user interface both on desktops as well as mobile devices. In the past month alone, shares of VERB stock have shot up by over 100%. This is a major gain especially considering the large fall the market took on Monday, July 19th.
SaaS is a thriving business right now and has remained that way throughout the pandemic. With more people online, more businesses are looking for tech solutions to solve everyday issues. Considering this, does VERB stock have a place on your penny stocks watchlist?
https://pennystocks.com/featured/2021/07/25/t...july-2021/