10 Best Performing Penny Stocks to Buy Now

8. Medirom Healthcare Technologies Inc. (NASDAQ:MRM)

Share Price: $1.74

Year To Date Gain: 72.77%

Number of Hedge Fund Holders: 1

Medirom Healthcare Technologies Inc. (NASDAQ:MRM) is one of the best performing penny stocks to buy now. On September 18, the Japan Ground Self-Defense Force (JGSDF) announced that it had started using the REMONY system.

REMONY is a remote health monitoring system developed by MEDIROM MOTHER Labs Inc., a wholly owned subsidiary of Medirom Healthcare. The Japan Ground Self-Defense Force is to use the monitoring system to track personnel health conditions in real-time. That’s because it utilizes thermoelectric generation technology, enabling continuous operation during extended missions.

JGSDF settled on the REMONY system owing to its ability to address challenges in monitoring personnel in extreme environments. Consequently, it will find great use in areas with limited access to power. Additionally, the MOTHER bracelet is capable of identifying potential health risks such as heatstroke.

Medirom Healthcare Technologies Inc. (NASDAQ:MRM) is a Japanese company providing both hands-on and digital health services. It offers digital health solutions like the “Lav” on-demand health monitoring smartphone app and the “MOTHER Bracelet,” a battery-free smart tracker used for remote health monitoring in various sectors.