Stock Analysis

US Penny Stocks To Watch In January 2025

NYSE:CANG
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As the U.S. stock market experiences mixed performances amid anticipation of key economic data, investors are keeping a close eye on potential opportunities. Penny stocks, often representing smaller or newer companies, remain an intriguing segment of the market despite their vintage name. With careful analysis of financial strength and growth potential, these stocks can offer value and stability to investors seeking promising opportunities among lesser-known companies.

Top 10 Penny Stocks In The United States

NameShare PriceMarket CapFinancial Health Rating
BAB (OTCPK:BABB)$0.81$5.79M★★★★★★
Inter & Co (NasdaqGS:INTR)$4.25$1.93B★★★★☆☆
QuantaSing Group (NasdaqGM:QSG)$3.08$100.69M★★★★★★
Kiora Pharmaceuticals (NasdaqCM:KPRX)$3.7257$11.81M★★★★★★
ZTEST Electronics (OTCPK:ZTST.F)$0.32$11.77M★★★★★★
Permianville Royalty Trust (NYSE:PVL)$1.41$46.86M★★★★★★
BTCS (NasdaqCM:BTCS)$2.49$44.59M★★★★★★
Smith Micro Software (NasdaqCM:SMSI)$1.37$28.91M★★★★★☆
CBAK Energy Technology (NasdaqCM:CBAT)$0.97$91.74M★★★★★☆
Safe Bulkers (NYSE:SB)$3.45$365.18M★★★★☆☆

Click here to see the full list of 727 stocks from our US Penny Stocks screener.

Underneath we present a selection of stocks filtered out by our screen.

CuriosityStream (NasdaqCM:CURI)

Simply Wall St Financial Health Rating: ★★★★★★

Overview: CuriosityStream Inc. operates as a factual content streaming service and media company with a market cap of approximately $85.99 million.

Operations: The company's revenue segment consists solely of its streaming service, generating $51.78 million.

Market Cap: $85.99M

CuriosityStream, with a market cap of US$85.99 million, has shown resilience despite being unprofitable. The company reported US$12.6 million in third-quarter sales for 2024, down from the previous year but significantly reduced its net loss to US$3.06 million from US$26.57 million a year ago. It maintains a strong cash position with no debt and sufficient runway for over three years due to positive free cash flow growth of 18.8% annually. However, the stock remains volatile and shareholders experienced dilution last year despite recent share buybacks totaling 0.4%.

NasdaqCM:CURI Debt to Equity History and Analysis as at Jan 2025
NasdaqCM:CURI Debt to Equity History and Analysis as at Jan 2025

Cango (NYSE:CANG)

Simply Wall St Financial Health Rating: ★★★★★★

Overview: Cango Inc. operates an automotive transaction service platform in the People’s Republic of China, connecting various stakeholders in the automotive industry, with a market cap of approximately $529.13 million.

Operations: The company's revenue is generated from the Retail - Gasoline & Auto Dealers segment, amounting to CN¥266.69 million.

Market Cap: $529.13M

Cango Inc., with a market cap of US$529.13 million, has recently become profitable, reporting net income of CN¥67.88 million for Q3 2024 compared to a loss the previous year. Despite a sharp decline in revenue from CN¥353.64 million to CN¥26.95 million year-over-year, the company maintains strong financial health with short-term assets significantly exceeding liabilities and debt well-covered by operating cash flow. Recent initiatives include share buybacks worth $1.7 million and an auditor change to MaloneBailey without any reported disagreements with former auditor EY, indicating stable internal controls and governance practices despite high stock volatility.

NYSE:CANG Financial Position Analysis as at Jan 2025
NYSE:CANG Financial Position Analysis as at Jan 2025

Grove Collaborative Holdings (NYSE:GROV)

Simply Wall St Financial Health Rating: ★★★★★☆

Overview: Grove Collaborative Holdings, Inc. operates as a plastic neutral consumer products retailer in the United States with a market cap of $60.60 million.

Operations: The company generates revenue primarily through its online retail segment, which accounts for $213.78 million.

Market Cap: $60.6M

Grove Collaborative Holdings, Inc., with a market cap of US$60.60 million, has demonstrated a reduction in net losses from US$9.81 million to US$1.34 million year-over-year for Q3 2024 despite declining sales from US$61.75 million to US$48.28 million in the same period. The company holds sufficient cash runway for over three years based on current free cash flow and has more cash than total debt, indicating financial stability amidst ongoing unprofitability and shareholder dilution concerns due to increased shares outstanding by 5.1%. Recent management changes include the transition of Executive Chair Stuart Landesberg to a non-employee board role by February 2025.

NYSE:GROV Financial Position Analysis as at Jan 2025
NYSE:GROV Financial Position Analysis as at Jan 2025

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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