Global markets have been navigating a turbulent period, with U.S. stocks experiencing declines due to cautious Federal Reserve commentary and looming political uncertainties. Despite these challenges, investors continue to seek opportunities in lesser-known areas of the market. Penny stocks, often representing smaller or newer companies, remain an intriguing investment area for those looking beyond the traditional blue-chip names. While the term may seem outdated, these stocks can still offer significant potential when backed by strong financials and growth prospects.

Click here to see the full list of 5,828 stocks from our Penny Stocks screener.

Here we highlight a subset of our preferred stocks from the screener.

Simply Wall St Financial Health Rating: ★★★★★☆

Overview: Forsee Power Société anonyme, along with its subsidiaries, designs, manufactures, and integrates battery systems for electromobility across France, Europe, Asia, the United States, and other international markets with a market cap of €28.89 million.

Operations: The company generates revenue primarily from its Heavy Vehicles segment, which accounts for €156.42 million, and its Light Vehicles segment, contributing €20.46 million.

Market Cap: €28.89M

Forsee Power Société anonyme, with a market cap of €28.89 million, focuses on battery systems for electromobility and has shown resilience despite financial challenges. The company is unprofitable but has reduced losses by 4.2% annually over five years and forecasts earnings growth of 72.14% per year. Its recent collaboration with Infinitev in Australia underscores its commitment to sustainable transport solutions globally. Forsee's short-term assets exceed both short- and long-term liabilities, indicating financial stability, although it faces high volatility in share price and a negative return on equity at -26.58%.