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There's a certain thrill that comes with trading penny stocks. But to avoid the inherent dangers many investors interested in winning nominally small but high percentage returns turn to larger companies that are still offered at lower prices.

Here, we screen a universe of stocks that are trading between $1-$5 with market caps above $300 million. Then, to find names showing upside momentum, we screened for stocks on "winning streaks."

For our purposes, a winning streak is measured by a persistence of days in which the stock outperformed the S&P 500 and little persistence of days in underperforming the index. We measured this by the ratio of the longest winning streak (in days) divided by the longest losing streak over the last month.

For an interactive version of this chart, click on the image below. Analyst ratings sourced from Zacks Investment Research.

Tool provided by Kapitall (www.kapitall.com).

These stocks are trading between $2-$5 and currently on a wining streak.Do you think these stocks will continue to win? Use this list as a starting point for your own analysis.

1. Augusta Resource Corp. (NYSEMKT:AZC): Engages in the acquisition, exploration, and development of natural mineral resource properties. Market cap at $386.13M, most recent closing price at $2.68. The stock's average daily alpha vs. the S&P500 index stands at 1.69% (measured close to close, over the last month). During this period, the longest winning streak lasted 7 days (i.e. the stock's daily returns outperformed the S&P 500 for 7 consecutive days). The longest losing streak lasted 2 days (i.e. a win streak / losing streak ratio of 3.5).

2. Geron Corporation (NASDAQ:GERN): Develops biopharmaceuticals for the treatment of cancer and chronic degenerative diseases, including spinal cord injury, heart failure, and diabetes. Market cap at $366.22M, most recent closing price at $2.79. The stock's average daily alpha vs. the S&P500 index stands at 2.55% (measured close to close, over the last month). During this period, the longest winning streak lasted 4 days (i.e. the stock's daily returns outperformed the S&P 500 for 4 consecutive days). The longest losing streak lasted 1 day (i.e. a win streak / losing streak ratio of 4.).

3. Gafisa S.A. (NYSE:GFA): Operates as a homebuilder in Brazil. Market cap at $844.12M, most recent closing price at $3.90. The stock's average daily alpha vs. the S&P500 index stands at 2.08% (measured close to close, over the last month). During this period, the longest winning streak lasted 5 days (i.e. the stock's daily returns outperformed the S&P 500 for 5 consecutive days). The longest losing streak lasted 2 days (i.e. a win streak / losing streak ratio of 2.5).

4. Keegan Resources Inc. (KGN): Engages in the acquisition and exploration of gold deposits in West Africa. Market cap at $294.68M, most recent closing price at $3.90. The stock's average daily alpha vs. the S&P500 index stands at 1.08% (measured close to close, over the last month). During this period, the longest winning streak lasted 7 days (i.e. the stock's daily returns outperformed the S&P 500 for 7 consecutive days). The longest losing streak lasted 2 days (i.e. a win streak / losing streak ratio of 3.5).

5. SIRIUS XM Radio Inc. (NASDAQ:SIRI): Provides satellite radio services in the United States and Canada. Market cap at $9.74B, most recent closing price at $2.54. The stock's average daily alpha vs. the S&P500 index stands at 0.76% (measured close to close, over the last month). During this period, the longest winning streak lasted 5 days (i.e. the stock's daily returns outperformed the S&P 500 for 5 consecutive days). The longest losing streak lasted 2 days (i.e. a win streak / losing streak ratio of 2.5).

6. MEMC Electronic Materials Inc. (WFR): Engages in the development, manufacture, and sale of silicon wafers for the semiconductor industry worldwide. Market cap at $688.14M, most recent closing price at $2.98. The stock's average daily alpha vs. the S&P500 index stands at 1.61% (measured close to close, over the last month). During this period, the longest winning streak lasted 5 days (i.e. the stock's daily returns outperformed the S&P 500 for 5 consecutive days). The longest losing streak lasted 2 days (i.e. a win streak / losing streak ratio of 2.5).

*Price data sourced from Yahoo! Finance, all other data sourced from Finviz.

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.

Source: 6 Stocks Under $5 On Winning Streaks