Stocks To Trade
Jun. 18, 202432 min read

Artificial Intelligence Penny Stocks

Tim BohenAvatar
Written by Tim Bohen
Reviewed by Friedrich Odermann Fact-checked by Ed Weinberg

 

Artificial Intelligence (AI) penny stocks represent a high-risk, high-reward segment of the stock market, where shares trade at relatively low prices — often below $5. These stocks are typically associated with small, yet innovative companies focusing on integrating AI into various products and services. For investors and traders, these stocks offer a speculative opportunity to get in on the ground floor of potential technological breakthroughs. However, due to their volatility and these companies’ early stage, they require rigorous analysis and a keen eye for market trends.

Table of Contents

10 Best AI Stocks for June 2024

My best AI stocks to watch are:

  • NASDAQ: LUCY — Innovative Eyewear Inc — One of Oracle’s Twelve (!) 100% Gainers in May
  • NASDAQ: ONMD — OneMedNet Corporation — The Medical Data AI Stock
  • NASDAQ: LIDR — Aeye Inc — The Autonomous Vehicle AI Stock
  • NASDAQ: BNAI — Brand Engagement Network, Inc — The Sketchy AI Stock That Someone Believes In
  • NASDAQ: NVDA — NVIDIA Corp — The AI Stock Sector Leader That Crushed Earnings
  • NASDAQ: SMCI — Super Micro Computer Inc — The AI Mega-Cap Stock That’s Consolidating
  • NASDAQ: ONFO — Onfolio Holdings Inc — The Holding Company With an AI Pump in Its Past
  • NASDAQ: APP — Applovin Corp — The IRIS Swing Pick That’s Been Pulling Back
  • NASDAQ: CRWD — Crowdstrike Holdings Inc — The IRIS Swing Pick With a Volatile Past Month
  • NASDAQ: AXTI — AXT Inc — The Earnings Winner With Good Consolidation

AI was one of the hottest sectors in 2023… 

My students have watched hot runners like AMST, PBTS, POAI and more. More importantly, they’ve managed to stay safe because they remember the rules of trading…

These companies are leveraging AI technology and analytics to drive growth and innovation. But remember, just because a company is in the AI sector doesn’t mean it’s a good investment. Always do your research and make informed trading decisions.

AI penny stocks can be part of a diversified investment portfolio, offering a balance between traditional investments and the cutting-edge technology sector. They benefit from advancements in AI technology, which can lead to significant growth as new applications are discovered and implemented.

Here’s the AI stock cheatsheet:

  • What is the most promising AI stock?

A sector leader like NVIDIA Corp (NASDAQ: NVDA) is the best bet for the most promising AI stock. But remember, we’re traders, not investors. So the stocks on this list are ones we’re watching for short-term moves, not predictions of which will lead stock exchanges in 2030.

  • What are the top 3 AI stocks to buy now?

My top 3 AI stocks to buy now (as long as their price action is strong) are Microsoft Corporation (NASDAQ: MSFT), Super Micro Computer, Inc (NASDAQ: SMCI), and CrowdStrike Holdings, Inc. (NASDAQ: CRWD).

  • Which company is most advanced in AI?

NVIDIA is the most advanced publicly traded company in AI, that’s why it’s the sector leader. But other leading tech stocks like Apple, Microsoft, Google, and Facebook are all safe bets to pull ahead at some point.

  • Which Artificial Intelligence stocks have a “Strong Buy” analyst rating?

Analysts tend to love these tech leaders — NVIDIA, Apple, Microsoft, Google, and Facebook. Most analysts have rated all of these stocks as “strong buys.”

Before you send in your orders, take note: I have NO plans to trade these stocks unless they fit my preferred setups. This is only a watchlist.

The best traders watch more than they trade. That’s what I’m trying to model in this article. Pay attention to the work that goes in, not the picks that come out.

Sign up for my NO-COST weekly watchlist to get my latest picks!

10 AI Stocks to Watch

My top AI stock picks for June — rated on chart pattern, price action history, and catalyst — include the following:

Stock Ticker Company Performance (YTD)
NASDAQ: LUCY Innovative Eyewear Inc + 104.91
NASDAQ: ONMD OneMedNet Corporation + 230.41%
NASDAQ: LIDR Aeye Inc + 60.75%
NASDAQ: BNAI Brand Engagement Network, Inc – 46.53%
NASDAQ: NVDA NVIDIA Corp + 126.17%
NASDAQ: SMCI Super Micro Computer Inc + 171.06%
NASDAQ: ONFO Onfolio Holdings Inc + 99.98%
NASDAQ: APP Applovin Corp + 105.23%
NASDAQ: CRWD Crowdstrike Holdings Inc + 25.72%
NASDAQ: AXTI AXT Inc + 53.04%

You can see how the plan with AI penny stocks is rarely buy-and-hold…

Trading these penny stocks should be approached with a clear strategy and an understanding of the risks involved.

1. Innovative Eyewear Inc. (NASDAQ: LUCY) — One of Oracle’s Twelve (!) 100% Gainers in May

My first AI penny stock pick is Innovative Eyewear Inc. (NASDAQ: LUCY).

The Oracle tool is an algorithm that tracks the most volatile stocks in the market.

It identifies key areas of support and resistance based on past price action. Then, it offers potential trade plans on the day’s hottest stocks.

LUCY was one of its picks in May. And the price subsequently spiked 650%* in less than three trading days.

Why I Like It

This stock started as a big spiker on Friday, May 24.

It ran 520%* that day alone and closed near the highs.

The next week, we saw a decent dip-and-rip trade opportunity on day two of the move. But the real opportunity came on day three, Wednesday, May 29.

It rallied to make new highs directly after some hot Eddie Bauer, ChatGPT news.

And the bullish momentum defied a $2.5 million stock offering of 5.2 million new shares from a day earlier… Wednesday’s 320%* spike despite this share dilution is a HUGE sign of strength for the stock.

Take a look at the trade alert we got that Wednesday, before the market opened for regular hours. Every candle represents one trading minute:

LUCY chart intraday, 1-minute candles Source: StocksToTrade

And the price is still consolidating near the highs.

This is the whole move thus far:

LUCY chart multi-day, 1-minute candles Source: StocksToTrade

Keep an eye on this multi-day runner. And lean on Oracle’s key levels to build smart positions!

2. OneMedNet Corporation (NASDAQ: ONMD) — The Medical Data AI Stock

My second AI penny stock pick is OneMedNet Corporation (NASDAQ: ONMD).

On May 23 during premarket hours the company announced more than a five-fold growth of its iRWD network.

iRWD is a service that aims to connect and utilize real-world repositories (RWD) of existing healthcare clinics. The system also “de-identifies” the data, making it accessible for medical studies while preserving the privacy of patients.

AI is at the heart of the network.

As a result of the news, ONMD spiked 550%* in May. Take a look at the move below, every candle represents one trading minute:

ONMD chart multi-day, 1-minute candles Source: StocksToTrade

Why I Like It

The chart shows a lot of good support under the current price action. And there’s a breakout level around $3.

Now, shares could bounce off of support and push higher … But there’s no way of knowing.

Here’s how a trader should approach this setup: Set an alert on StocksToTrade around the $3 level.

If prices can push toward that resistance with a high trading volume, we could see a multi-day breakout.

3. Aeye Inc (NASDAQ: LIDR) — The Autonomous Vehicle AI Stock

My third AI penny stock pick is Aeye Inc (NASDAQ: LIDR).

This is an AI runner that aims to be instrumental in the self-driving revolution. The “eye” is related to its LiDAR (light detection and ranging) technology: The cameras that help cars drive.

My students and I are banking off of this multi-day runner right now.

The stock already spiked 320%* in May … 

Why I Like It

The best part about these plays: The massive percent gain is accessible for small-account traders due to the cheap share prices.

LIDR’s multi-day volatility makes it a perfect trade setup — and it’s not over yet. Prices are still consolidating …

Keep an eye on Breaking News for any other big moves! 

4. Brand Engagement Network, Inc (NASDAQ: BNAI) — The Sketchy AI Stock That Someone Believes In

My fourth AI penny stock pick is Brand Engagement Network, Inc (NASDAQ: BNAI) .

This stock used to be a sketchy SPAC. Essentially an acquisition shell company waiting to merge with another company to increase its overall market value.

On March 15, DHC Acquisition Corp. (formally trading under DHCA) merged with Brand Engagement Network to trade under BNAI.

It was a clever merger that resulted in a volatile AI penny stock. The price spiked 230%* directly after the announcement. Then it sold off and continued lower over the next few weeks.

Why I Like It

Despite the overall sketchiness … Someone is taking an interest in this stock.

On May 29 during premarket hours, the company announced a private placement of $4.9 million.

Private placements are different from public placements. Even though the shares being sold to the private investor in the deal are often new share issues, a big-money investor buying those shares is usually taken by the market to be a good sign.

The stock price immediately spiked 140%*. And right now, it’s consolidating near the highs.

Price consolidation is a hint that the price could spike higher in the near term.

That’s good news for traders with BNAI on their watchlist.

5. NVIDIA Corp (NASDAQ: NVDA) — The AI Stock Sector Leader That Crushed Earnings

My fifth AI penny stock pick is NVIDIA Corp (NASDAQ: NVDA).

Get used to seeing NVDA on these monthly watchlists.

Thanks to the INTENSE demand for high-processing microchips, NVDA continues to smash revenue expectations. The most recent quarterly update was on May 22 during after hours.

Below you’ll find some of the most important points among the data:

  • Quarterly revenue of $26 billion. That’s up 18% from Q4 and up 262% from a year ago. 
  • A ten-for-one forward stock split effective June 7, 2024.
  • Quarterly cash dividend raised 150% to $0.01 per share on a post-split basis.

After the announcement, shares blasted to new highs.

Take a look at the chart below:

NVDA chart multi-day, 1-minute candles Source: StocksToTrade

Why I Like It

Share prices are above $1,000 right now … That puts it out of range for a lot of small-account traders.

But the 10-for-1 share split to take effect after June 7 will lower the price by a divisible factor of 10.

At the current share price, that would make the post-split share prices somewhere around $114

Now, there’s no telling which way the stock will move after the split. But we can be sure of impending volatility.

NVDA is arguably the most popular stock in the world right now. And its overall market cap in 2024 speaks for itself. Take a look at the image posted below that describes NVDA’s size when compared to other well-known stocks:

 

There are A LOT of eyes on this stock.

And the volatility from the share split in June WILL offer profit opportunities for savvy traders.

6. Super Micro Computer Inc (NASDAQ: SMCI) — The AI Mega-Cap Stock That’s Consolidating

My sixth AI penny stock pick is Super Micro Computer Inc (NASDAQ: SMCI).

On March 5 we learned that SMCI would join the S&P 500 this year. That’s BIG news for a mega-cap stock.

Now, we usually trade low-priced stocks.

Not stocks like SMCI or NVDA, with share prices that have hit $1,000 this year.

For small-account traders, cheap stocks are attractive because:

  • We can load up on shares.
  • The low price helps the stock spike higher from a percentage perspective.

Higher priced stocks like SMCI aren’t known to surge like volatile penny stocks.

But the AI and tech sectors are so hot in 2024, we’re seeing huge moves from big stocks like SMCI.

Plus, stocks like SMCI and NVDA act as tech-sector leaders. We can gain insight on low-priced trade opportunities by watching big AI runners.

Why I Like It

Right now I’m watching SMCI because it’s an AI pack leader.

If SMCI dips, the tech plays in our niche might not spike as high. If SMCI pushes higher, we have to take advantage of that bullish momentum while it lasts.

In 2024, SMCI prices already spiked 330%* despite starting the year above $250 per share.

And the price is consolidating right now. On the chart below, every candle represents one trading day:

SMCI chart multi-month, 1-day candles Source: StocksToTrade

Pay attention to the support level at $700. If SMCI can bounce off of $700 it could inspire bullish volatility among our favorite low-priced plays.

Also, when large-cap stocks like SMCI behave like volatile penny stocks, we can trade them for lower prices using options.

Now, at the mention of “options” a lot of traders shy away.

You’re free to trade volatile low-priced runners. But options aren’t as confusing as you might think:

An option is a contract that gives you the right to buy or sell shares of a stock.

Theoretically: If you think SMCI is going to trade higher in the future, you could buy a contract and then sell it after SMCI spikes without actually buying any shares of SMCI.

The value of the contract is what we’re trading, not the actual stock.

And there IS a process for profits. For example, Ben Sturgill is a renowned options trader with verifiable profits. Take a look at his process.

There are so many opportunities to profit in this 2024 market.

Pick a strategy that makes sense to you and hit the ground running!

7. Onfolio Holdings Inc (NASDAQ: ONFO) — The Holding Company With an AI Pump in Its Past

My seventh AI penny stock pick is Onfolio Holdings Inc (NASDAQ: ONFO) .

In June 2023 this company announced its intent to increase an AI business presence through acquisitions and by leveraging certain subsidiaries.

So basically … They want to hop on the AI bandwagon.

The chart didn’t spike in 2023 like some of its peers in the same sector.

Remember, the AI sector burst on the scene early in 2023. Other AI stocks like C3.ai Inc. (NYSE: AI) were ripping higher at that timer.

But ONFO gained a lot of momentum in 2024.

Why I Like It

On January 4, the company announced it would acquire RevenueZen, a search-engine optimization company focused on dealing with new challenges posed by AI.

The news didn’t gain much traction, but it solidified itself as a potential AI runner … 

Then, shares started to spike on Monday, May 20 as the company announced quarterly revenue data.

For the fourth quarter of 2023, ONFO reported -$0.14 EPS and a revenue of $1.59 million.

Thus far the spike measures 150%*. And prices are consolidating near the highs.

Plus, StocksToTrade shows the float is only 3.2 million shares.

Anything less than 10 million shares in the float is considered a low supply of shares. And the low supply helps prices spike higher when demand increases.

This AI-pump earnings winner has all the elements it needs to spike higher. Let’s see what happens next …

8. Applovin Corp (NASDAQ: APP) — The IRIS Swing Pick That’s Been Pulling Back

My eighth AI penny stock pick is Applovin Corp (NASDAQ: APP).

IRIS is our AI stock picker.

It scans the market 24/7/365 for potential swing trade ideas

We talk a lot about small-cap day trades. But before I learned about the profit opportunities among small-cap spikers, I would swing trade larger stocks.

It’s still a viable strategy. Especially in this insane 2024 market. And thanks to AI, I was able to automate the process.

IRIS scans the market to find stocks that match my swing trading framework.

Now, some of these plays are higher priced … That’s because they’re real companies with real financials and revenue.

Compared to volatile penny stocks, which are usually just crap businesses in disguise. That’s why we swing trade higher-priced plays and only day trade volatile penny stocks.

A trader’s profit angle in the market depends on what strategy works best for them. I included both kinds of plays in this watchlist because there’s SO MUCH opportunity right now.

Why I Like It

APP gapped up on February 15 after its fourth-quarter financial data surpassed expectations. 

The company attributed a fair chunk of its success to a brand new AI advertising engine. Ever since the announcement, prices continued to climb. The entire move already measures 80%.

Prices pulled back a bit in April, but surged to new highs on May 9 after the company’s first quarter ad spending boosted its overall market outlook.

Take a look at the chart below of APP in 2024:

APP chart multi-month, 1-day candles Source: StocksToTrade

The intraday moves for higher priced stocks aren’t as explosive. And that means we don’t have to watch our swing-trade positions as closely.

This is a viable strategy for traders right now. It all depends on what works best for YOU.

APP is IRIS’s favorite swing trade setup right now.

>> Click here for the full trade breakdown <<

9. Crowdstrike Holdings Inc (NASDAQ: CRWD) — The IRIS Swing Pick With a Volatile Past Month

My ninth AI penny stock pick is Crowdstrike Holdings Inc (NASDAQ: CRWD).

Surprise surprise, CRWD is another IRIS swing-trade stock.

The chart shows A LOT of volatility in 2024 — especially in May.

The price ran toward all-time highs before pulling back. Take a look at the chart below, every candle represents one trading day:

CRWD chart multi-month, 1-day candles Source: StocksToTrade

Why I Like It

I’m excited about the recent pull back! Now there’s more time for traders to build a solid position in anticipation of a true breakout.

This is a popular cybersecurity company at the center of the AI industry.

Since the emergence of AI in 2023, there’s a growing risk of cyber attacks from individuals using AI for nefarious purposes.

As a result, cybersecurity companies have to evolve to meet this oncoming risk. And since CRWD is one of the most popular cybersecurity companies in the market, it’s in a perfect position to profit.

But most analysts refer to Palo Alto Networks Inc. (NASDAQ: PANW) as the true sector leader.

CRWD followed when PANW took a nasty dip on February 21.

Make sure you pay attention to the sector as a WHOLE, not just one stock. We need a well-rounded view of the market to effectively profit.

10. AXT Inc. (NASDAQ: AXTI) — The Earnings Winner With Good Consolidation

My tenth AI penny stock pick is AXT Inc. (NASDAQ: AXTI).

On Thursday, February 22 during the afternoon, AXTI held an earnings call.

This is a direct excerpt from the call:

“Sales grew 10% in the quarter with early signs of recovery in the power market and brand new demand related to artificial intelligence.”

Dr. Morris Young, Chief Executive Officer of AXTI

Shares started to move during after-hours. It gapped up the next morning and continued in the following days. The initial spike measures 130%*.

But the stock took a massive dive on April 4 after we learned that the company was under investigation.

Take a look at the 2024 chart below, every candle represents one trading day:

AXTI chart multi-month, 1-day candles Source: StocksToTrade

Apparently, AXTI has a subsidiary that does business in China. The company attempted to IPO on Chinese markets but was blocked by the government for legal reasons … possibly relating to falsifying data, tax evasion, unsafe chemical storage, etc. …

Why I Like It

There’s another earnings report scheduled for June 2!

Now, I know what you’re thinking, “Tim, this company could be absolute garbage. China doesn’t even want it.”

Friends, look around. ALL of these penny stock companies are garbage. That’s why they’re penny stocks.

But we can trade the bullish momentum for short-term profits using popular patterns.

AXTI has already shown its history of spiking and volatility. It’s likely we’ll see more volatility in the future. Pay attention to June 2 … 

The price is still showing recent volatility due to the investigation. And there’s no telling what will happen once we have eyes on the quarterly earnings report.

 

*Past performance does not indicate future results

What to Look for in an Artificial Intelligence Penny Stock

Choosing the right AI penny stock involves understanding the following key indicators… Actually, it doesn’t matter if the company behind a penny stock specializes in machine learning or any other hot sector, the advice remains the same! 

  1. Focus on stocks that exhibit a tradeable pattern on their stock chart. This shows consistency and predictability, crucial for making informed trading decisions. Stocks with clear patterns often react more reliably to AI market predictions and artificial intelligence analysis. (Steer clear of specific stock market predictions though — any stock market guru that promises high returns for any securities should be avoided!) 
  2. A small float is another big item on the checklist. Stocks with a limited number of shares available for trading can be more volatile, which is beneficial for traders looking for high returns. Low-float stocks can move significantly on small volumes, providing opportunities for quick gains.
  3. Most importantly, look for unusual trading volumes. Spikes in volume often precede price movements, indicating potential for significant returns. High trading volume can be a signal that something important is happening with the stock, making it a prime candidate for trading.

These are the basic rules I follow to find tradeable setups in AI penny stocks. Let’s go into detail on each step.

Exhibits a Tradeable Pattern on its Stock Chart

A tradeable pattern on a stock chart means that the stock has predictable price movements. This can include consistent upward or downward trends, or even repetitive cycles of highs and lows. These patterns make it easier to anticipate future movements, allowing for strategic trading based on market analysis.

My trading experience has shown that stocks with clear patterns are less risky and more profitable. By focusing on stocks that follow identifiable trends, you can better apply artificial intelligence tools to predict movements. This helps in making informed decisions and achieving better trading outcomes.

Stock advice often emphasizes the importance of patterns. They simplify the trading process and allow you to leverage artificial intelligence and automation for more precise trades. Consistent patterns are a hallmark of stocks with strong potential for high returns.

Is a Low-Float Stock

Low-float stocks are appealing because of their potential for rapid price changes. With fewer shares available, any significant buying or selling can lead to substantial price movements. This volatility is perfect for traders looking to capitalize on quick shifts in stock prices for potentially high returns.

However, low-float stocks come with higher risks. Their price can be easily manipulated, leading to sudden drops. It’s essential to stay informed and use AI applications to track these stocks’ real-time data and make swift trading decisions.

Trading low-float stocks requires a solid understanding of market dynamics. My years of teaching and trading have shown that these stocks can provide excellent opportunities if approached with caution and a well-thought-out strategy. Always be prepared for sudden changes and have a plan in place.

Exhibits an Unusual Trading Volume

Unusual trading volume often signals that a stock is about to make a significant move. This could be due to various factors, including news releases, market speculation, or sudden interest from investors. 

Volume spikes are the biggest indicator of the potential for short-term gains.

Using market data and AI analysis, you can spot these volume changes early. This is good info for your trading plan’s entries and exits! High volume indicates increased interest and liquidity, making it easier to get in and out of positions.

From my experience, stocks with unusual trading volumes offer the best trading opportunities. They can provide the momentum needed for quick profits. Always keep an eye on volume trends and be ready to act when you notice unusual activity.

 

 

Is a Former Runner

A former runner is a stock that has previous spikes in its chart. These stocks have a history of rapid gains, making them attractive for traders looking for quick profits. Past performance does not indicate future results — but it can be an indicator of future potential, especially if the stock has recognizable triggers.

Frequent media attention and market speculation often follow former runners. This can lead to renewed interest and another price surge. Tracking news and market sentiment can help you identify these stocks before they run again.

Former runners can be volatile but profitable. My trading approach is built on creating watchlists like this one around former runners, then entering a trade when a setup I like comes together.

Gets Frequent Media Attention

Media attention can significantly impact a stock’s price. Stocks that frequently appear in news reports or analyst recommendations tend to attract more traders, and artificial intelligence growth has been one of the biggest stories in the market. This increased interest often leads to higher trading volumes and price volatility, creating opportunities for short-term gains.

AI applications can help monitor news and social media for mentions of these stocks, and — more importantly — for the sentiment behind these mentions. This kind of buzz is the second biggest indicator of stock movement.

Trading stocks with regular media attention has been a big part of my trading strategy. Staying updated with the latest news and using AI tools for analysis can give you an edge in the market. Always be ready to act on new information to capitalize on price movements.

Where To Buy AI Penny Stocks

When looking to buy AI penny stocks, consider both major exchanges and over-the-counter (OTC) markets. 

The NYSE and Nasdaq offer more regulated environments, providing a higher degree of security. 

OTC markets are full of moonshot penny stock spikers — but they’re more full of disaster stories. These stocks aren’t bound by the same regulatory requirements, which can lead to the kind of volatility that small-account traders should look for… as long as they know how to protect themselves. 

NYSE/Nasdaq Penny Stocks

Penny stocks listed on the NYSE or Nasdaq are generally considered more reliable. These exchanges have strict listing requirements, ensuring that the companies meet certain standards. Trading on these platforms provides a level of security and compliance not always found in OTC markets.

Stocks on these exchanges often have more reliable AI stock data. This can help you make informed decisions and give you a bit more security.

ETFs that focus on technology and AI sectors can also include penny stocks from these exchanges.

OTC Penny Stocks

OTC penny stocks are riskier but can offer BIG rewards. These low-cost stocks are not subject to the same stringent regulatory requirements as NYSE or Nasdaq stocks. This lack of regulation means higher risk, but also the potential for significant gains.

There are a lot of artificial intelligence opportunities in the market, and some of these can be found in the OTC market. My advice is to be very careful about trading these stocks.

OTC penny stock trading requires a good understanding of stock market potential and artificial intelligence’s speculative nature. Remember that these are not value stocks! But with the right approach and tools, you can find valuable opportunities in this less-regulated space. Always prioritize due diligence and risk management when trading OTC stocks.

AI Stocks Under $5

The allure of hot sector stocks, especially when they’re also penny stocks, is undeniable. These stocks present a unique blend of opportunity and volatility. The AI industry is booming, with advancements and applications spreading across various sectors, from healthcare to finance, making AI stocks a magnet for investors looking for the next big thing. The gains here can be proportionately greater than those from more established stocks, mainly because even minor positive news or advancements can send their prices soaring.

However, it’s crucial to approach these opportunities with a clear strategy and an understanding of the risks involved. The volatility of penny stocks, combined with the speculative nature of AI ventures, means that while the potential for rapid gains is significant, the risk of losses is equally high. Conduct thorough research, looking beyond the hype. And never invest in these stocks — only trade them.

Remember, the key to success in trading AI stocks under $5 is not just about jumping on every opportunity but being selective and strategic. It’s about leveraging the explosive potential of the AI sector while managing risk meticulously. By focusing on companies with the potential to lead in their niche, traders can capitalize on the disproportionate gains that these penny stocks offer, all while keeping their investment strategy tight and cutting losses quickly.

What AI penny stocks do you have on your watchlist? Let me know in the comments!

FAQs

How can AI platforms like ChatGPT contribute to the growth of penny stocks in the AI industry?

AI platforms like ChatGPT and related applications are driving significant innovation in various industries. The growing demand from customers for AI-driven solutions is leading to increased market cap and revenues for companies in the AI space, including those whose shares are classified as penny stocks.

Where can I find the latest news and information about AI penny stocks?

For the latest news and market updates on AI penny stocks, you can explore our markets section. It provides in-depth content, links to reliable sources, and recent results related to AI companies and their stocks.

How can I assess the value of an AI penny stock?

The value of AI penny stocks can be assessed by evaluating several factors. These include demand for AI solutions, people involved in the company, and its market cap. Revenue, earnings, and momentum of the stock in the market are also crucial considerations.

When should I consider selling my AI penny stocks?

Deciding when to sell your AI penny stocks involves evaluating your profit margins and market conditions. It’s generally a good idea to sell if you’ve achieved your desired profit or if there are signs of a downturn in the market. Always consult with a financial advisor to make the most informed decisions.