Here are three top penny stocks I think could deliver excellent long-term shareholder returns. This is why they’re on my Stocks and Shares ISA shopping list today.
A penny stock for the construction boom
The homes shortage that’s driving prices in the UK through the roof (so to speak) isn’t confined to our corner of Europe. Naturally, this means homebuilders on the continent need to get frantically building too. And this plays into the hands of SIG, a building products supplier with operations in Northern and Eastern Europe.
This penny stock’s share price just spiked to 14-month peaks around 47p per share. And I reckon it can keep rising as it recovers from 2020’s washout (like-for-like sales rose 4% in the last three months of last year). That said, there’s a risk the Covid-19 ‘third wave’ sweeping across Europe could snap off these green shoots of recovery.