Drone penny stocks have burst onto the trading and investing scene, prompting many day traders to search for the best drone penny stocks. The big question, which we’ll answer in this piece, is whether or not drone penny stocks will be the crowning achievement of penny stock day traders in 2018. Our answer is biased, but we believe once you examine what we have to say on the matter, that you’ll understand why drone penny stocks might be the hottest trading instruments in 2018 and beyond.
Drone Penny Stocks – Why Drones All Of A Sudden?
Unmanned aerial vehicles, or drones as they are now evolved into common parlance, are the hottest technology properties around right now with some even being A.I drones. Long since the preserve of the military, drones have exploded onto the consumer market, creating a seemingly unstoppable goldmine of profits for those companies that can tame the beast and build great drones. The scope for growth is quite intriguing and whether you are a day trader seeking drone penny stocks, or an entrepreneur looking to cash in, there’s no denying that drones are starting to create a huge and lucrative market. But how big is this market? And what does it mean for day traders seeking to cash in on drone penny stocks?
According to prominent research firm Gartner Inc., the market for drones globally is expected to reach $6B by the end of 2018. This is extraordinary growth when you consider that the commercial drone market globally was worth just $522M in 2014. Based on our calculations, that’s a 1049% increase in just three years. Few analysts pegged the drone market to reach this level so quickly. Fewer still expected the investment and day trading community to pour so much interest in drone penny stocks.
The growth trajectory for the drone market is expected to morph into something even more extraordinary because Gartner has also projected that the drone market will reach a staggering $11.2B by the end of 2020 – that’s a $5.2B lump of upside and growth potential added to the already unbelievable $6B market projected for 2017. Obviously such strong underlying growth potential will spell huge opportunities for day traders seeking drone penny stocks.
Drone Penny Stocks – Don’t Fly Unaided
It might be tempting to try and figure which drone penny stocks are hot and which ones aren’t so hot; this is something we see lots of day trader agonizing over. It really doesn’t have to be that way. The first thing you should realize is that many of the true gems are really well-hidden. Drones are a huge consumer item right now so many companies are finding no trouble getting funding to bring their products to market. As a result of this easy access to capital, many companies are private. The truly innovative drone companies however, find their way into the public investing arena and that’s where we believe day traders can tap the best drone penny stocks.
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