10 Best Get Rich Quick Stocks To Invest In

4. Sacks Parente Golf Inc. (NASDAQ:SPGC)

Current Share Price as of February 19: $0.84

Stock Beta Rating: 2.63

Number of Hedge Fund Holders: N/A

Sacks Parente Golf Inc. (NASDAQ:SPGC) is a technology golf company that manufactures and sells golf products. It also provides golf shafts, golf grips, and other golf-related products. It also offers online custom fitting programs. The company is only trying to find its footing after a turbulent 2024 that saw it implode significantly.

Despite going down by about 87%, Sacks Parente Golf Inc. (NASDAQ:SPGC) has continued to fire on the operational front. That is evidenced by the fact that it maintains a 61% gross margin. Additionally, the company has sought to expand its footprint and unlock new growth opportunities by expanding its product portfolio in Japan. It has already started offering the Newton Motion shaft through retail and commerce channels.

Additionally, Sacks Parente Golf Inc. (NASDAQ:SPGC) changed the name of its shaft and putter divisions to NEWTON GOLF. With intentions to simplify the brand structure, the rebranding is consistent with its dedication to physics-based innovation. The company strengthened its balance sheet late last year by closing an $8.4 million public offering.