These Three Penny Stocks Are Hot Right Now!

| February 26, 2014 | 0 Comments

It’s an exciting time for penny stocks, especially hot penny stocks like Microvision (MVIS), Lojack (LOJN), and Lightbridge (LTBR)…

MicroVision (NASDAQ: MVIS)

MVIS is soaring!


As you can see, the stock rose from $1.35 last Wednesday to a high of $3.38 before falling back to $2.35 this morning.  The move gave investors a monster gain of 150% to the high.  And the stock is up 74% over the past week.

MicroVision is the creator of PicoP® display technology, an ultra-miniature laser projection solution for mobile consumer electronics and automotive head-up displays.  This technology uses two dimensional micro-electrical mechanical systems, lasers, optics, and electronics to create a video or still image from a small form factor device.

So, what’s going on with the stock?

It received a huge boost from Sony last week.  The electronics giant announced it is building a pico projector module with HD resolution that will incorporate MicroVision’s PicoP technology.

Sony had this to say about it…

“By combining this module with Wi-Fi components and a battery, it can realize a compact, pocket-sized projector which can be used to project images from products such as smartphones or tablets, focus-free and in even higher resolution, on any flat or curved surface such as a wall or desk.”

This could be a huge win for MicroVision. 

I would think a projector of this kind, if sold at a reasonable price, could become a must have item for millions of smartphone and tablet users.  With this new product, you would no longer be limited to watching video on the small screen of your handheld device.

MVIS is definitely a penny stock to keep an eye on.  The company’s relationship with Sony could be the start of a new era of profitability for the company.


LoJack provides technology products and services for the tracking and recovery of mobile assets, stolen vehicles, motorcycles, construction equipment, cargo, and people at risk of wandering.  The company markets its products to owners of commercial equipment and consumers through its sales force, telemarketing, direct mail, and auto dealerships. 

After trading sideways for the past three months, LOJN has taken off!


The stock jumped from $4.23 a week ago to a high of $6.24 on Monday for a terrific 48% gain.  And even though it has pulled back to around $5.66 this morning, the shares are up 34% in the past five trading days.

Why is LOJN surging? 

The company reported much stronger than expected growth in the fourth quarter of 2013. 

Revenue jumped 20% year-over-year to $40 million thanks to the success of its pre-install strategy for the stolen vehicle recovery business.  Sales growth in this unit has now outpaced that of the broader US retail auto industry for 15 consecutive months.  

And earnings of $0.25 per share blew away analysts’ estimates.  They were expecting just $0.11 per share for the quarter.

What’s more, management provided a bullish outlook for 2014.

They expect revenue growth of 8% to 10% this year.  And analysts are forecasting a 77% rise in earnings.

It looks like LoJack is poised for solid growth over the next couple of years.  You may want to take a closer look at this penny stock for your own portfolio.

Lightbridge (NYSE: LTBR)

LTBR is moving higher in a strong uptrend.


The stock jumped last Tuesday from the prior day’s close of $2.31 to a high of $3.28 for a one-day gain of 42%.  And it has continued moving higher ever since.  As I write, LTBR is changing hands around $3.50 per share for a year-to-date gain of 141%. 

Lightbridge develops proprietary, proliferation resistant, next generation nuclear fuel technologies for current and future nuclear reactor systems.  Its breakthrough fuel technology is establishing new global standards for safe and clean nuclear power and leading the way to a sustainable energy future.

Why did the stock take off?

The company announced last Tuesday that it received a key patent covering its multi-lobed metallic fuel rod design and fuel assemblies.  The patent provides broad protection for the metal fuel element that will be used in all of the company’s fuel assembly designs.

Lightbridge expects to generate significant new royalty revenue from the patent going forward.  And the patent should help the company secure new contracts for engineering support services.

What’s more, management believes the patent will likely spur teaming arrangements with major nuclear fuel fabricators.

LTBR is a penny stock to keep a close eye on in coming days.  The company is expected to report fourth quarter and full year 2013 earnings at any time.

Profitably Yours,

Robert Morris 

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Category: Penny Stocks

About the Author ()

Robert Morris is the editor of Penny Stock All-Stars, an investment advisory focused on discovering small-cap and micro-cap stocks that are destined to become the market’s next Blue Chips. The Wall Street veteran and small-cap stock specialist is also a regular contributor to Penny Stock Research. Every week, Robert shares his thoughts with our readers on a variety of penny stock-related topics. In addition to Penny Stock Research, Robert also writes frequently for two other free financial e-letters, ETF Trading Research and the Dynamic Wealth Report. He’s also the editor of two highly successful and popular investment advisories, Biotech SuperTrader and China Stock Insider.

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