Hot Penny Stocks to Buy

Favorite penny stocks to buy, Antares Pharma(AIS). This penny stock is a leading health care equipment company that focuses on self-injection pharmaceutical products and technologies, and topical gel-based products. Though the company is not yet profitable, it has narrowed its loss in each of the last three quarters and has met or exceeded Wall Street expectations in each of these periods. That's a sign of positive momentum for this penny stock. Also worth noting is that investors everywhere have been snatching up AIS stock -- with shares up a whopping 57% year-to-date! (By the way, Antares was one of my favorite penny stocks to buy last week, too)

Another great penny stock to buy is apparel manufacturer Joe's Jeans(JOEZ). JOEZ stock is up more than 70% year-to-date thanks to strong earnings and sales. Despite its premium clothing with expensive prices, Joes Jeans has turned a quarterly profit in each of the last four periods -- including fourth-quarter profit that topped Wall Street estimates by 400%! That's earnings growth you can take to the bank, making JOEZ a great penny stock to buy now.

Finally, let's look at Tower Semiconductor(TSEM). The stock is up 51% year-to-date, and is benefitting from a new tech boom as consumers continue to snatch up high-tech electronics even though other areas of spending are lagging. TSEM's first quarter earnings report topped expectations by 366%, and the semiconductor stock has seen a number of upwards revisions in recent weeks to next quarter's numbers. That means yet another impressive earnings surprise could be in the works as Tower Semiconductor keeps raising the bar. (P.S. I also highlighted Tower Semiconductor last week as a great penny stock to buy. It's up 7% in the last five trading days, proving I made a pretty good call!)

Hot Penny Stocks

*Click on Column Heads to Sort

Symbol	Company Name	Name	Market Cap (M)
AEHR	Aehr Test Systems	Semiconductors	$19.20
AIS	Antares Pharma	Health Care Equipment	$143.40
ACLS	Axcelis Technologies	Semiconductors	$179.00
CTHR	Charles & Colvard	Textiles and Apparel	$55.40
CHCI	Comstock Homebuilding	Household Durables	$34.30
EMMS	Emmis Communications	Media	$85.70
HPOL	Harris Interactive Inc.	Media	$62.50
IGOI	iGo Inc.	Computers & Peripherals	$47.40
IMH	IMPAC Mortgage Holdings	Real Estate Investment Trusts	$20.00
JOEZ	Joe's Jeans Inc.	Textiles and Apparel	$140.80
LMLP	LML Payment Systems Inc.	IT Services	$53.40
MGIC	Magic Software Enterprises	Software	$67.00
MNDO	MIND C.T.I. Ltd.	Software	$39.60
NENG	Network Engines Inc.	Communications Equipment	$121.80
NEWT	Newtek Business Services	IT Services	$47.10
OBCI	Ocean Bio-Chem Inc.	Household Products	$15.90
PATK	Patrick Industries Inc.	Building Products	$21.40
ROIAK	Radio One Inc.	Media	$155.30
SLP	Simulations Plus Inc.	Software	$34.20
SBSA	Spanish Broadcasting System	Media	$110.50
TIII	Tii Network Technologies	Communications Equipment	$21.90
TOF	Tofutti Brands Inc.	Food Products	$14.70
TSEM	Tower Semiconductor Ltd.	Semiconductors	$280.50
TTIL	TTI Team Telecom	Software	$44.80

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