Top Affordable Stocks to Watch in 2018 for Smart Investors

Known as over-the-counter or micro-cap stocks, penny stocks typically trade at $5 or less per share. These stocks belong to companies with low share prices, making them attractive for novice investors seeking affordable options. Below are five promising penny stocks to consider in 2018:

Enphase Energy, Inc.
Headquartered in California, Enphase specializes in software-based home energy solutions and solar power. After a notable dip in 2015, the stock saw a strong rebound in 2018. Its lowest point was 25 cents in May 2017, and many experts believe that buying in the latter half of 2018 could be highly profitable for those investing in bulk.

AK Steel Holding Corporation
While steel companies are generally perceived as stable, the steel industry is quite volatile. AK Steel’s stock has historically been low, making it a top penny stock for 2018 due to its growth potential. New policies introduced by U.S. President Donald Trump are making this stock an appealing choice for beginner traders.

Genesis Healthcare, Inc.
Despite a sluggish performance since 2009, 2018 has shown signs of growth for this healthcare provider.

Founded in 2007, Genesis Healthcare has traded between $1 and $3.80 for years. As a recognized name in healthcare, its stock remains fairly stable, though not dramatically rising. Many see potential for future gains, making it an interesting penny stock for cautious investors.

Groupon Inc.
Groupon started out at around $28 in 2011, but since then, its share price has declined. Despite that, analysts are optimistic about 2018 because revenue has been steadily increasing, and income forecasts project further growth.

Senseonics Holdings, Inc.
Analyzing stock prices from 2016 through early 2018 reveals significant low-risk buying opportunities. The stock’s growth trend suggests potential double-digit gains from current levels, making it an attractive speculative pick for traders aiming for quick profits.