USA Best Penny Stocks June 2022 

The stock markets have been turbulent since the start of 2022, to say the least. Between inflation, war, food insecurity, stock market volatility, an approaching recession, and whipsawing energy prices, investors are torn between taking cover and chasing the numerous opportunities.

Wrap Technologies, Inc. (WRAP)

After Wrap Technologies, Inc. (WRAP) appeared in "Penny Stocks to Watch for April 2022," it reached $3.70 in approximately the third week of that month. This is a near-40% gain from its starting point at the end of March 2022.

3 June: 2.28USD 6 June 2.24 USD

LiqTech International, Inc. (LIQT)

Clean technology firm LiqTech International, Inc. (LIQT) has struggled to regain its footing since it released multiple sets of weak earnings, sending the stock barreling down 88% over the past half-year. A 55% quarter-over-quarter drop in EPS, as reported in the first-quarter 2022 results, was particularly troubling.

3 June 0.52 USD 6 June 0.53 USD

Smith Micro Software, Inc. (SMSI)

The market appears to be ignoring all of the company's future potential at the moment, looking only at its operating losses and not paying attention to the fact that EPS are expected to climb 200% next year, the company has zero debt, and gross margin is close to 80%.

3 June 2.65 USD 6 June 2.65 USD

Red Cat Holdings, Inc. (RCAT)

The global market for drones is expected to grow to $63 billion by 2025 from $4.4 billion in 2019, so even if Red Cat were only able to secure a small portion of market share, it could see its revenues explode over the next few years.

3 June 2 USD 6 June 2.08 USD

Taseko Mines Limited (TGB)

3 June 1.60 USD 6 June 1.65 USD

– Exela Technologies (XELA)

3 June 0.22 USD 6 June 0.23 USD