Skillz’s ability to become one of the leading companies in this tech space shows in its recent financial reports. This is a field that generated over $90 billion in revenues last 2021 and could grow by almost 9% from 2022 to 2026, according to Statista. (NYSE: SKLZ)Īnother notable penny stock is Skillz Inc., a platform that allows competitive multiplayer mobile gaming. It also opened new opportunities in Web3 and non-fungible tokens (NFTs) when it signed a partnership deal with Fractal, an NFT marketplace.Įnthusiast Gaming’s December 2021 financial statements showed that its annual revenues increased by 130% and gross profit by 102%.Įnthusiast Gaming is financially ready to scale its business and capitalize on the growth of the video gaming industry. For example, it is providing a more immersive online gaming experience for Generation Z and millennials through its partnerships with companies like ExitLag, which manufactures gaming software. This Canadian-based company is mainly involved in video game journalism by providing diverse content through magazines and websites.Įnthusiast Gaming is also expanding its other offerings. Investors who want to make money in tech penny stocks trading can consider Enthusiast Gaming. With a promising product pipeline and a specialized target market, Agile Therapeutics is a penny stock to watch in the healthcare sector. It is also improving the accessibility of its existing product by partnering with a pharmaceutical company called Afaxys.
Stash invest Patch#
The company could also benefit from FDA guidance stating that health insurance should cover contraceptives considered medically appropriate or necessary for the patient without cost-sharing.Īlthough its target market is limited, it has several products in the pipeline, including a progestin-only birth control patch for women at risk of venous thromboembolism (VTE).
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Its market segment could achieve a compound annual growth rate (CAGR) of 4.2% until 2027.īy then, its market value could have already reached nearly $10 billion.
Stash invest skin#
This company aims to provide women with more options in terms of contraception with products like Twirla, a weight-specific weekly birth control skin patch. One of the few penny stocks in the healthcare category with the potential for significant growth in the next few years is Agile Therapeutics.
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5.4 What Is a Good Stock to Invest In on Stash?īest Penny Stocks on Stash Agile Therapeutics (NASDAQ: AGRX)