Are these penny stocks on your watchlist for October 9, 2020?

Updated: Oct 11, 2020

What are the best stocks to watch for October 9, 2020?

With hurricane Delta currently across the Gulf of Mexico, many offshore oil drills have halted operations. That will naturally cause an increase in demand, raising the price of oil.

What companies in the energy sector will benefit?

Centennial Resource Development Inc (NASDAQ: CDEV) and SandRidge Resources (NYSE: SD) are a couple of stocks in the energy sector poised to gain from the increased short term shortage in oil.