For example, an investor with $500 can buy 2,000 shares of a penny stock trading at 25 cents. If the stock doubles in a month, the investor earns a quick 100% return.Currently, Torrid Holdings trades at $2.02 and is one of the best-performing penny stocks in recent weeks. Over the prior month of trading, Torrid Holdings stock is up 44%. However, over a one-year period, the stock is down 53%. Looking at its most recent earnings report, Torrid Holdings had a poor quarter.BitNile Holdings Inc. (NYSEAmerican: NILE) One of the best EV penny stocks is also perhaps the unique one on this list. Formerly called Ault Global Holdings, BitNile changed its name when it expanded its business to include other tech solutions, like cryptocurrency mining and data centers.With a market capitalization of just over $92 Million, RF industries is a promising penny stock to invest today. 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