5 Penny Stocks to Watch amid this Coronavirus (COVID-19) Pandemic

covid-19 stocks to watch

The novel coronavirus was detected in Wuhan, China in December, 2019. There it has claimed so many lives before it reaches the world and turns into a pandemic.

Since then, thousands of people’s lives have been taken away and the surge of the number of cases of infected people has been rising exponentially in many part of the world.

It’s no surprise to us that the market has been going out of its mind. Everything in the world is affected.

You name it, it’s being affected in a way or another. Consequently, the market responds to this turmoil as anyone would predict.

However, there are still some companies out there that may deserve your attention.

I’m going to share a list of five stocks to watch during this coronavirus pandemic.

Stock to watch during the COVID-19 pandemic: Aethlon Medical (AEMD)

This medical company is currently undergoing FDA-approved clinical study for its product Hemopurifier which is designed to “capture circulating viruses, bacterial toxins and cancer promoting exosomes through affinity attachment to a unique structure that cloaks these targets from immune detection.”

At Aethlon Medical, we are a leading developer of immunotherapeutic technologies to combat infectious disease and cancer. To augment the body’s natural immune defenses, the Aethlon Hemopurifier® eliminates life-threatening disease targets that are often shielded from the immune system and not well addressed by traditional drug therapies.

Eathlon Medical

As the novel coronavirus pandemic is ramping around the world Aethlon Medical is working to make its product available.

Only time will tell what’s going to happen in the near future but it does make sense that we keep it in our radar.

Stock to watch during the COVID-19 pandemic: CBD Life Sciences Inc. (CBDL)

CBD stocks have been mentioning in many finance websites. The reason is because there have been an exploding of marijuana legalization around the world.

Although this in itself could be a reason for you to keep this stock in your radar, the COVID-19 pandemic has made this company even more attractive to potential investors.

CBD Life Sciences Inc. (OTC PINK:CBDL) through its wholly owned subsidiary, LBC Bioscience “LBC Bio” is pleased to announce that our brand-new proprietary product 100 mg CBD + CBG with Vitamin E Hand Sanitizer has arrived to our facility. Our new Hand Sanitizer Gel product is in a 4 oz bottle containing CBD (cannabidiol) and CBG (cannabigerol) ingredients which will be marketed as “CBG+CBD Hand Sanitizer Gel Infused with Vitamin E Oil ” is now available for purchase.

Very recently, we’ve seen its price skyrocketed to over 200%. I believe that it’s only the beginning as no one knows for sure how long this pandemic will last.

Stock to watch during the COVID-19 pandemic: Moleculin Biotech Inc (MBRX)

Moleculin Biotech Inc. is a phamaceutical company dedicated to help in development of oncology and viruses drugs.

Although it’s a race right now for the company that can come up with a treatment or even a vaccine first.

This pharmaceutical has a very good chance of creating this treatment for the COVID-19 as they’ve seen some positive results in vitro.

Research found 2-deoxy-D-glucose (“2-DG”) to reduce replication of SARS-CoV-2, the virus that causes COVID-19, by 100% in in vitro testing.

Therefore we think that this stock can be added to our watch list during this coronavirus pandemic.

Stock to watch during the COVID-19 pandemic: AYTU Bioscience Inc.

AYTU Bioscience is a specialty pharmaceutical company that works to provide novel healthcare products.

The company has recently states that they’ve signed an agreement with a Hong Kong-based L.B. Resources to commercialized a COVID-19 rapid test in the U.S for the next three years.

The company has sold or allocated the initial 100,000 tests to U.S customers and is awaiting delivery of the next 500,000 tests. Additionally, the company has increased the size of its third purchase order to one million tests.

Yahoo.com

There’s also an auto-renewal agreement made for the product after the first three years have been elapsed.

Aytu states that this test is meant to be delivered by medical professionals and the result shouldn’t take any longer than 10 minutes to be generated.

Stock to watch during the COVID-19 pandemic: Algernon Pharmaceuticals Inc. (AGNPF)

According to the company’s website, “Algernon’s unique approach to drug discovery is based on the concept of drug repurposing. Drug repurposing is the process of discovering new therapeutic uses for existing drugs.”

This Pharmaceutical company has made it to this list because they’ve been getting a lot of attention lately.

They’ve just received some positive feedbacks from the U.S pertaining to the drug known as Ienprodil.

They’re currently working on a reformulation of this drug which will be made available for ICU patients. Its purpose is to cure lung infections including the COVID-19.

Conclusion

The economy is struggling for sure, we all know that. There’s countless number of companies losing money right now.

Some of them may never see the light of day even after this pandemic.

Fortunately for penny stocks investors, there may be still some companies out there to make money with.

Let this list of five guides you through your research as you’re searching for the best fit for your money.

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