Tech sector pivots make penny stock investing in cloud microservices firms attractive. Earnings beats have increased analyst coverage, raising projected EPS growth assumptions for Jon Quast has positions in MercadoLibre. The Motley Fool has positions in and recommends MercadoLibre. The Motley Fool has a disclosure policy . Turning now to the rest of the Street, other analysts echo Ku’s sentiment. 5 Buys and no Holds or Sells add up to a Strong Buy consensus rating. With an average price target of $24.20, the upside potential comes in at ~659%. (See TARA stock forecast ) Global shipping demand boosts penny stock investing appeal in niche maritime logistics firms. Freight index spikes have correlated with 12% average share appreciation in thinly traded tickers in this segment.