Four Financial Penny Stocks to Buy

Financial stock news has been showing signs of life after a rather
disappointing 2010. Take Bank of America (NYSE: BAC ), up +25% in the last
month, or Citigroup (NYSE: C ) which is up almost +12%, compared with gains of
about +4% for the broader market. This has caused many investors to view
financials as some of the best stocks for 2011. But the big bailed out banks
aren't the only ones on the rise.  A number of small, agile bank stocks  and
financial services companies are heating up right now and have seen some very
impressive gains in just a few days' time.  If this trend continues, these
picks could soar in 2011 as financials hit their stride. Related Article: 6
Reasons to Buy Bank of America Stock Here are four top financial penny stocks
for you to consider buying this week: China HGS Real Estate Inc. (HGSH) China
HGS Real Estate Inc. (NASDAQ: HGSH ) is  a bit of an oddball. It's a real
estate development company that deals primarily in the construction and sale of
residential apartments, car parks and commercial properties in Asia. While some
may think China is falling out of favor, HGSH has started 2011 off on the right
foot gaining +14% since the first of the year. HGSH is an affordable stock, as
it is currently priced at just $3.35. With a 52-week range of $2.00 to $5.00 it
is clearly a long ways away from the top of its recent run, so consider this
financial stock before it gets pricier. MPG Office Trust Inc. (MPG) MPG Office
Trust Inc. (NYSE: MPG ) is a full service real estate company in California that
specializes in in-house expertise with resources in property management,
marketing, leasing, acquisitions, development and financing. Over the past 12
months, MPG has been very successful, with its stock doubling compared to gains
of about +12% and +11% for the S&P 500 and the Dow Jones, respectively. More
recently, this penny stock is up over +50% since mid-November. Based on this
track record, MPG is a penny stock worth buying at $3.10. Ladenburg Thalmann
Financial Services (LTS) Based in Miami, Ladenburg Thalmann Financial Services
(AMEX: LTS ) is an investment banking, equity research, and asset management
firm. The investment minds at this company appear to know what to buy and sell
over the past 52-weeks, LTS has jumped about +90%, compared to much smaller
gains by the broader markets. Since September, this financial stock is up +52.5%
as well. Importantly, LTS posted a quarterly revenue growth of +19.7%,
year-over-year, in its last income statement. Trading at $1.22, this penny stock
is a bargain buy. RAIT Financial Trust (RAS) Self-managed and self-advised real
estate investment trust RAIT Financial Trust (NYSE: RAS )offers  debt financing
options to the commercial real estate industry, as well as fixed income trading
and advisory services. Since this time last year, RAS has seen its stock price
double. Additionally, over the past three months, this penny stock is up nearly
+50% so most of these gains have come recently. RAS outperformed earnings
estimates by over +75% last quarter, and with a quarterly revenue growth north
of +11% in its last income statement, RAS is a penny stock to buy. As of this
writing, Louis Navellier did not own a position in any of the stocks named here.