These 2 “Strong Buy” Penny Stocks Are Set to Triple (or more), Say Analysts [Yahoo! Finance]
Genelux Corporation (GNLX)
Company Research
Source: Yahoo! Finance
While the next few months will be a time of transition, a few things are likely. The Trump administration is expected to pursue a far looser regulatory policy than the outgoing Biden government. Plans for individual tax cuts are projected to drive consumer spending, while reductions in corporate taxes could deliver an immediate boost to earnings. While recent market gains are largely driven by blue-chip giants, penny stocks quietly attract investors seeking untapped growth opportunities. Priced below $5 per share, the penny stocks offer a unique blend of risk and reward, with the potential to double or even triple initial investments. The nature of these investments presents somewhat of a dilemma. How are investors supposed to separate the penny stocks that are ready to take off on an upward trajectory from those set to remain down in the dumps? This is where Wall Street's analysts come into play. We used the TipRanks database to uncover two compelling penny stocks that have ear
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GNLX
News
- Genelux Co. (NASDAQ: GNLX) had its price target lowered by analysts at HC Wainwright from $32.00 to $30.00. They now have a "buy" rating on the stock.MarketBeat
- Genelux Corporation Reports Third Quarter 2024 Financial Results and Provides General Business Updates [Yahoo! Finance]Yahoo! Finance
- Genelux Corporation Reports Third Quarter 2024 Financial Results and Provides General Business UpdatesGlobeNewswire
- Genelux Corporation to Participate in Fireside Chat at the Guggenheim Inaugural Healthcare Innovation ConferenceGlobeNewswire
- Genelux Co. (NASDAQ: GNLX) is now covered by analysts at Guggenheim. They set a "buy" rating and a $8.00 price target on the stock.MarketBeat
GNLX
Earnings
- 11/14/24 - In-Line
GNLX
Sec Filings
- 11/14/24 - Form 10-Q
- 11/8/24 - Form 8-K
- 10/25/24 - Form SC
- GNLX's page on the SEC website