These Blue-Chip Penny Stocks Should NOT Be Overlooked! 💰

[Image](www.elitetrade.club) Dear Trader, Welcome to our brand-new Sunday Brief! Here are the stocks we're watching this week. The Best Blue-Chip Penny Stocks Penny stocks are a popular choice among many investors despite their high-risk reputation. But not all penny stocks are considered to be speculative, some are in fact solid blue-chip companies with decades in business. Here are some of the best blue-chip stocks currently trading under 5$. Sponsored 4 Top Stocks for a Bear Market Historically, things like precious metals, consumer staples, commodities, utilities, health care, and transportation stocks have performed well in a bear market. Our experts say these 4 stocks are positioned well - even in a down market. [Click here to get the names & ticker symbols of all 4 stocks.]( [Image](?awt_a=q9dU&awt_l=9uwww&awt_m=gee_1XDk97tOLdU) Ambev SA (NYSE: ABEV) Ambev is a Brazilian brewing company that merged with the world’s world largest brewer Anheuser-Busch InBev SA (BUD). The company is a unique and interesting case as it trades like penny stocks despite being part of the beer conglomerate. It’s this interesting mix that qualified it for our list of blue chip stocks. Founded 23 years ago, Ambev is one of the largest companies in Brazil and South America. The company has an astounding market capitalization of $50 billion—that's a lot of cerveza! The company's share price is close to the $3 mark, but their luck could change soon for the better. The 2022 world cup could help beer sales skyrocket in South America. If so, profits could very well likely be a catalyst for prices to move higher, and the stock has plenty of space above its head. ABEV reached an all-time high of nearly $10 back in 2013 and has been on a downtrend ever since. The beer manufacturer has been in the penny stocks price range since 2018, when it fell below five dollars. It’s been a slow ride down from its heights, and it could very well be a slow ride back up. Investors willing to wait could be compensated generously since the stock also pays dividend yields. ABEV offers a jaw-dropping 6.60% annual dividend payment. Banco Santander SA (NYSE: SAN) Santander is the 16th largest financial institution in the world and its operations are spread among multiple continents. The bank was founded in 1857 and has undergone a series of mergers since then, including one with Banco Central Hispano. Santander's size, age, and solid business are typical of blue-chip stocks, not penny stocks. So you might be surprised to find that Spain's most well-known bank trades in the penny stocks realm. But the bank’s stock has struggled after the 2008 recession, reaching its all-time high of nearly $20 in 2007. The bank fell below the penny stocks' $5 mark in 2015, and then again in 2018, staying below it ever since. At its current valuation, the bank has a market cap of nearly $50 billion—an uncommon valuation for penny stocks. Despite its poor performance, investors may find value in its dividend yields. Santander pays investors an annual dividend of 3.82%. The stock has been moving in a flat range since early 2021, between $2.30 and $3.50. This flat range could be indicative of the price bottoming out. Lloyds Banking Group PLC (NYSE: LYG) Lloyds is another well-established financial giant that was unable to pick itself up from the 2008 recession. The bank joined the penny stocks ranks in 2009 and has stayed there ever since. However, Like Santander, the bank also has traits of blue-chip stocks. LYG is one of the UK’s largest financial organizations with over 30 million clients and 65,000 employees. The bank also has a considerably large valuation, boasting a market cap of nearly $40 billion, uncommon among penny stocks. One of the most interesting facts about the bank might be its age. The bank is older than the United States, founded in 1765, but its heritage dates back even longer to 1695. Lloyd's stock price has been flat in a range since it joined the penny stocks rank—bouncing between the $1 and $5 mark. While the past decade has been bleak, there could be brighter days ahead. As interest rates rise across the globe, banking profits have the potential to follow. Investors could also pursue the blue-chip penny stock for its dividends. LYG pays investors an annual dividend of 4.62%. Dividend-paying stocks that trade in a flat range can still be profitable over time. Investors could compound their dividends for profits. Companhia Energetica Minas Gerais ADR (NYSE: CIG) Founded in 1952, CIG is the second Brazilian blue chip company on our list of penny stocks. The energy giant is currently trading in the penny stocks category, close to the $2 mark. It has a market valuation of $5.6 billion, less than our previous picks but still sizable for penny stocks. The blue-chip stock is the 4th largest energy company in Brazil, headquartered in Belo Horizonte—the capital of Minas Gerais. CIG has an astounding reach, providing over 18 million people with power across Brazil and Chile. This year, the energy company earned over $7 billion, an increase of nearly 19% over the past three years. The company has failed to make a new high since its 2012 price peak despite its recent success. CIG entered the penny stocks domain back in 2014 and has since traded in a range between $0.70 and $2.60. The fundamentals, however, could provide the stock with the strength it needs to climb higher as energy markets strike like thunder. Unlike other utility penny stocks, CIG does not pay a dividend. A huge disadvantage for a stock that has been in a range for nearly a decade. Uranium Energy Corp (NYSEAMERICAN: UEC) UEC is America’s fastest-growing uranium mining company listed on the NYSE American. The blue-chip stock has been trading mostly under $5 since its IPO in 2006. The company has a valuation of over $1 billion, but it trades similarly to penny stocks. UEC has run nearly 1800% since its pandemic bottom before peaking in April 2022. High returns and volatility are distinctive of penny stocks and not so much of blue chip stocks. While the company might be more similar to penny stocks than blue chip stocks, its time in the market and track record helps it fit into the blue chips category. But the share price is trading lower, nearly 50% down from its top but better times may lie ahead. The conflict in Ukraine has helped the price of uranium surge in the months following the invasion, and there are no signs of it slowing down. Uranium is a key component in the production of nuclear energy and nuclear weapons—both of which happen to be in high demand. UEC has $93 million in cash and liquid assets and it's privileged to be debt free. Nokia (NYSE: NOKIA) We might be stretching ourselves a bit with Nokia, as the company is trading only slightly below the $5 mark. However, the Finnish telecommunications giant is worth mentioning at these low prices—consider it a bonus mention! We all remember Nokia for the iconic and durable cellphone that brought the snakes game into our lives. But it's been a long time since the snake days, and Nokia has since struggled to regain its market status. But Nokia does more than cellphones, the $25 billion giant develops network equipment, software, services, and licensing globally. Being said that, the giant does have a lot of space above its head for the price to move before it reaches its all-time high of nearly $65. Whether it ever will or not is up for debate but the penny stock has been making moves lately. In 2021, it had a trading week where it saw over 100% gains. Nokia also released a model that resembles its legacy phone, for users who prefer to keep it classic. NOK could see a boost in revenues from the 5G rollout. We will keep an eye out for this one! That’s it for our Sunday Brief! Don't forget to reply to this email with your feedback. We’ll see you again before the open on Monday. Thanks for being an Elite Trade Club member! Best Regards, Elite Trade Club P.S... Want alerts delivered straight to your cell every morning for free?* [Click Here Now]( to get Elite watchlists sent directly to your phone *Standard message/carrier rates may apply. Legal Stuff: Stocks featured in this newsletter are for entertainment purposes only. You should not base any investment decisions on information contained in my newsletter. Stocks featured in this newsletter may be owned by owners/operators of this website which could impact our ability to remain unbiased. Please consult a financial advisor before making any trading decisions. I may earn a small commission from links placed inside of these emails. 1969 S. 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