7 Multibagger Penny Stocks to Buy in July 2022

7 Multibagger Penny Stocks to Buy in July 2022

Multibagger penny stocks for the portfolio with an investment horizon of 12-24 months.

Tilray Brands ( TLRY ): Building strong presence through acquisitions in recreational and medicinal cannabis. Expansion into key geographies.

Transocean ( RIG ): A strong order backlog provides revenue visibility. EBITDA margin expansion likely on higher day-rates for new contracts.

New Gold ( NGD ): Attractively valued with gold production upside visibility through 2027. Cash flows will continue to swell. Mullen Automotive ( MULN ): Worst of the downside seems to be over. A potential van order from a Fortune 500 company is a key catalyst. Riot Blockchain ( RIOT ): High-risk bet that can deliver multi-fold returns if Bitcoin trends higher in the coming quarters. Arrival ( ARVL ): With production to commence in 2022, worst of downside seems to be over. A unique micro-factory approach. Uranium Energy ( UEC ): Quality assets and a […]

About the author: StockMan

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