There are several major stock exchanges in the US including the NASDAQ, AMEX, OTCBB and others to look for the top penny stocks. Investors can scour these exchanges for the top stocks out there in the stock market and find the stocks that suit their investment needs the best. A lot of investors use stock screeners that screen out stocks based on various criteria including share price, market cap, beta, profit, revenue, price to earnings (PE), price to sales (PS) and other criteria that an investor may enter.

When looking for the top penny for a given time it is important to recognize the hot industries at any given time. Industries fluctuate up and down depending on economic conditions and outlooks as well as current trends. At times, the oil industry could be hot, while at other times the gold mining industry may be hot. Stay on top of the daily news and remember that timing is very important.

Market timing is of the utmost importance at times. Remember, to watch the market to notice when the exchanges may turn up or down as this affects stocks greatly and can affect investments across a wide spectrum of industries. Individual stocks also have to be timed correctly if an investor is looking for a trade. Investors should analyze a stocks chart and complete technical analysis.

Investors should never invest in stocks, unless they can afford to lose their entire investment. Investors should learn to read an income statement, balance sheet and cash flow statement. Read as much as possible on the stock market and understanding fundamental and technical analysis. A lot of investors also watch the financial TV networks to stay on top of the stock market throughout the trading day.

Stock alerts and ideas can be found through a top penny stocks newsletter that can give investors a new flow of investment ideas that they may not have discovered otherwise. There are large cap, small cap and nano cap stocks as well as others. It depends on the investors preference on which type of market capitalization stocks that they may invest in. Remember, to find as much stock market related information as you can to get that edge. Each investor must discover their own risk tolerance and their own top penny stocks. The stock market fluctuates daily and should be watched daily to gain an advantage and a feel for the overall market and stocks in certain industries.

Some investors trade top stocks based on technical analysis during the trading day to make daytrades. Keep learning as much as possible when it comes to the stock market and business to better understand the companies listed on the various exchanges. Start making a list of stocks to follow and watch them react to the events in the market and the news released by the companies. The stock market is a hot topic throughout the world and constantly changing as events in the world change. Keep track of top penny stocks newsletters and notice which stocks move and for what reasons depending on conditions.