10 Best Performing Penny Stocks In The Consumer Cyclical Sector

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Penny stocks could prove a good investment for beginners. This is because their extremely low prices allow investors to hold thousands of shares with a small amount of capital. Moreover, even a minute uptick in the stock price could translate into massive gains.

If you are also planning to invest in penny stocks, then selecting from the consumer cyclical sector could prove a better choice. Consumer cyclical stocks generally perform well when the economy is rebounding. Let’s take a look at the 10 best performing penny stocks in the consumer cyclical sector.

10 Best Performing Penny Stocks In The Consumer Cyclical Sector

We have used the price and return data as of March 23, 2023, to develop this list of the 10 best-performing penny stocks in the consumer cyclical sector. We have used the year-to-date return to rank the 10 best performing penny stocks in the consumer cyclical sector. Here are the 10 best performing penny stocks in the consumer cyclical sector:

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  1. Charles & Colvard (17%)

Founded in 1995, this company makes and sells jewels and finished jewelry featuring moissanite. Its shares are up by over 12% in the last month, bringing its one-year return to almost -44%.

As of this writing, Charles & Colvard, Ltd. (NASDAQ:CTHR) shares are trading at above $0.95 with a 52-week range of $0.75 to $1.75, giving the company a market capitalization of more than $28.6 million.

  1. DSS (25%)

Founded in 1984, this company develops and sells paper products that assist in protecting information from unauthorized scanning, copying, and digital imaging. Its shares are down by almost 8% in the last month, bringing its one-year return to almost -66%.

As of this writing, DSS Inc (NYSEAMERICAN:DSS) shares are trading at above $0.20 with a 52-week range of $0.16 to $0.67, giving the company a market capitalization of more than $27 million.

  1. Nova Lifestyle (40%)

Founded in 1992, Nova Lifestyle makes and markets modern home furniture. Its shares are down by almost 20% in the last month, bringing its one-year return to almost -64%.

As of this writing, Nova Lifestyle Inc (NASDAQ:NVFY) shares are trading at above $0.55 with a 52-week range of $0.39 to $1.79, giving the company a market capitalization of more than $4.6 million.

  1. Boxed (45%)

Founded in 2013, Boxed is an e-commerce retailer that offers bulk pantry consumables to businesses and household customers. Its shares are down by over 56% in the last month, bringing its one-year return to over -97%.

As of this writing, Boxed Inc (NYSE:BOXD) shares are trading at above $0.27 with a 52-week range of $0.101 to $12.45, giving the company a market capitalization of more than $13.2 million.

  1. Faraday Future Intelligent Electric (48%)

Founded in 2014, this company makes electric vehicles. Its shares are down by over 25% in the last month, bringing its one-year return to around -92%.

As of this writing, Faraday Future Intelligent Electric Inc (NASDAQ:FFIE) shares are trading at above $0.41 with a 52-week range of $0.245 to $7.85, giving the company a market capitalization of more than $329 million.

  1. AYRO (53%)

Founded in 2016, AYRO designs compact electric fleet solutions for use within urban and short-haul markets. Its shares are down by over 15% in the last month, bringing its one-year return to almost -59%.

As of this writing, AYRO Inc (NASDAQ:AYRO) shares are trading at above $0.56 with a 52-week range of $0.3511 to $1.44, giving the company a market capitalization of more than $20.8 million.

  1. iPower (56%)

Founded in 2018, iPower deals in the online retail and supply of hydroponic equipment. Its shares are down by over 14% in the last month, bringing its one-year return to almost -63%.

As of this writing, iPower Inc (NASDAQ:IPW) shares are trading at above $0.64 with a 52-week range of $0.35 to $2.07, giving the company a market capitalization of more than $19.9 million.

 

  1. Energy Focus (62%)

Founded in 1985, Energy Focus develops and markets energy-efficient LED lighting products. Its shares are up by almost 3% in the last month, bringing its one-year return to around -64%.

As of this writing, Energy Focus Inc (NASDAQ:EFOI) shares are trading at above $0.51 with a 52-week range of $0.28 to $3.12, giving the company a market capitalization of more than $4.7 million.

  1. Lottery.com (105%)

Founded in 2016, Lottery.com offers domestic and international lottery products and services. Its shares are down by almost 41% in the last month, bringing its one-year return to around -89%.

As of this writing, Lottery.com Inc (NASDAQ:LTRY) shares are trading at above $0.38 with a 52-week range of $0.15 to $3.65, giving the company a market capitalization of more than $19 million.

  1. Volta (139%)

Founded in 2010, Volta operates smart media-enabled charging stations for electric vehicles. Its shares are down by almost 1% in the last month, bringing its one-year return to around -80%.

As of this writing, Volta Inc (NYSE:VLTA) shares are trading at above $0.84 with a 52-week range of $0.30 to $4.383, giving the company a market capitalization of more than $149 million.