The U.S. stock market has been experiencing fluctuations, with major indices like the S&P 500 and Nasdaq seeing consecutive weekly declines. In such an environment, many investors turn to smaller-cap stocks with high growth potential. While penny stocks often carry a speculative reputation, some of them, backed by strong fundamentals, present lucrative opportunities.
Top 10 Penny Stocks to Watch in the U.S.
Below is a curated list of some of the most promising penny stocks currently trading in the U.S., highlighting their financial health and market performance.
| Name | Share Price | Market Cap | Financial Health Rating |
|---|---|---|---|
| BAB (OTCPK:BABB) | $0.7902 | $5.74M | ★★★★★★ |
| Safe Bulkers (NYSE:SB) | $3.80 | $400.14M | ★★★★☆☆ |
| QuantaSing Group (NasdaqGM:QSG) | $3.08 | $126.25M | ★★★★★★ |
| Golden Growers Cooperative (OTCPK:GGRO.U) | $4.50 | $67.38M | ★★★★★★ |
| Sensus Healthcare (NasdaqCM:SRTS) | $4.60 | $75.88M | ★★★★★★ |
| Imperial Petroleum (NasdaqCM:IMPP) | $2.39 | $72.49M | ★★★★★★ |
| PHX Minerals (NYSE:PHX) | $3.68 | $137.93M | ★★★★★☆ |
| Smith Micro Software (NasdaqCM:SMSI) | $1.21 | $21.46M | ★★★★★☆ |
| CBAK Energy Technology (NasdaqCM:CBAT) | $0.8945 | $80.45M | ★★★★★☆ |
| TETRA Technologies (NYSE:TTI) | $3.32 | $439.55M | ★★★★☆☆ |
These companies have been identified using various stock screening tools, offering potential investment opportunities amid market volatility.
Notable Penny Stocks to Watch
FIGS (NYSE:FIGS)
- Market Cap: $781.72M
- Financial Health Rating: ★★★★★★
- Industry: Healthcare Apparel
- Revenue: $555.56M (Online retail segment)
FIGS, Inc. operates as a direct-to-consumer healthcare apparel and lifestyle company. Despite experiencing net income declines from $22.64M in 2023 to $2.72M in 2024, the company remains debt-free, an essential factor for financial stability. FIGS is projected to achieve earnings growth of 43.89% per year, supported by strategic governance enhancements, including the appointment of experienced board members like Melanie Whelan.
NIO (NYSE:NIO)
- Market Cap: $9.40B
- Financial Health Rating: ★★★★☆☆
- Industry: Electric Vehicles
- Revenue: CN¥63.13B
NIO Inc., a leading electric vehicle manufacturer in China, continues to gain traction despite financial challenges. Although it has been unprofitable with annual losses growing at 22.3% over five years, the company maintains strong asset management. With a CN¥4 billion private placement and increased vehicle deliveries in early 2025, NIO demonstrates operational resilience, making it a noteworthy stock in the EV sector.
Investment Insights
Penny stocks offer unique opportunities for investors seeking high-growth potential at relatively low price points. However, due diligence is critical when selecting stocks in this category. Factors such as financial health, revenue growth, industry trends, and market positioning play essential roles in determining long-term profitability.
By keeping an eye on well-researched and strategically positioned companies like FIGS and NIO, investors can potentially uncover hidden gems in the stock market.
