5 Nanotech Penny Stocks to Consider

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1. Ford Motor Company (NYSE:F)

Number of Hedge Fund Holders: 38

Even though Ford Motor Company (NYSE:F) is not a pure penny stock (trading just under $15 as of June 29) it’s still a relatively low-cost stock that offers exposure to the nanotechnology industry. Time and again media reports have suggested that Ford Motor Company (NYSE:F) is interested in nanotechnology for increased performance and aesthetics of its cars. It was reported that Ford Motor Company (NYSE:F) was using advanced labs in North America to conduct research on nanotech applications related to using lightweight metals, plastics with greater strength to increase safety and quality of its vehicles.

In 2018, Ford Motor Company (NYSE:F) announced that it will become the first car company to use graphene parts in its vehicles, starting with the Mustang and F-150. Graphene is a material made from a hexagonal structure of carbon atoms and is known to be extremely strong yet lightweight.

You can also take a peek at 12 Best 5G Stocks To Buy Now and 10 Best Fast Growth Stocks To Buy.

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