Penny stocks are great for building a small account — as long as you know how to plan for their many risks. With Robinhood’s commission-free trading and simple interface, it remains a popular platform for trading these volatile stocks.
Without a plan, traders risk getting caught chasing hype rather than making strategic trades. That’s OK for us — we’re going to build trading plans and get ready to capitalize on their opportunities. Here’s what I’m watching this month…
3 Robinhood Penny Stocks to Watch in March 2025
My top 3 Robinhood penny stocks to watch in March 2025 are:
- NASDAQ: MLGO — MicroAlgo Inc — The Short Squeeze AI Penny Stock
- NASDAQ: APLD — Applied Digital Corp — The AI Penny Stock That NVIDIA Is Still Invested In
- AMEX: KULR — KULR Technology Group Inc — The Low Float Momentum Play With a Side Of Bitcoin Volatility
Check out my complete Robinhood penny stock watchlist here!
| Stock Ticker | Company | Performance (YTD) |
| NASDAQ: MLGO | MicroAlgo Inc | + 5.34% |
| NASDAQ: APLD | Applied Digital Corp | – 8.40% |
| AMEX: KULR | KULR Technology Group Inc | – 57.73% |
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 here. Pay attention to the work that goes in, not the picks that come out.
Let’s get to the picks…
MicroAlgo Inc. (NASDAQ: MLGO) — The Short Squeeze AI Penny Stock
My first Robinhood penny stock pick is MicroAlgo Inc. (NASDAQ: MLGO).
MicroAlgo Inc. (NASDAQ: MLGO) gave traders a perfect example of how dangerous — and profitable — short squeezes can be.
On February 21, the stock spiked 910%* in a single day, running from under $2 to over $11. That kind of move doesn’t happen by accident. It’s the result of a low float stock meeting a crowd of overconfident short sellers.
Short squeezes like this happen when traders bet too aggressively that a stock will fall. When the stock starts moving higher instead, shorts are forced to cover their positions — buying shares at any price just to get out. That wave of forced buying pushes the price even higher.
There wasn’t any clear news to justify MLGO’s move, which is typical of short squeezes. Stocks with low floats — meaning there aren’t many shares available to trade — are especially vulnerable to these kinds of spikes.
StocksToTrade data shows MLGO’s float at just 6.3 million shares. That’s incredibly tight, which made it easier for the squeeze to take hold.
The initial spike is over, but past spikers can spike again. That’s why MLGO stays on my watchlist this month. If it starts moving again — especially with no news — I’ll be watching closely for a second squeeze setup.
Applied Digital Corp. (NASDAQ: APLD) — The AI Penny Stock That NVIDIA Is Still Invested In
My second Robinhood penny stock pick is Applied Digital Corp. (NASDAQ: APLD).
Applied Digital Corp. (NASDAQ: APLD) landed on my radar after its September 2024 announcement that NVIDIA — yes, the AI chip giant — had taken an equity stake in the company.
We’ve seen this script before. NVIDIA investments have triggered massive spikes in other penny stocks, like Serve Robotics Inc. (NASDAQ: SERV) and SoundHound AI Inc. (NASDAQ: SOUN).
APLD spiked from under $4 to $12 in the months after the news broke. That’s a 280% move. Even though it’s pulled back from those highs, NVIDIA still holds its stake — and that keeps the bullish narrative alive.
For March, I’m watching APLD to see if it can find support and start building higher lows. This stock moves directly with AI sector hype — and AI is still the hottest story in the market.
Earnings from NVIDIA on February 26 came in strong, with revenue topping $39 billion and Jensen Huang delivering more bullish commentary about AI demand. That kind of backdrop can reignite speculative interest in stocks like APLD.
As always, I’m not blindly buying. I’ll wait for the chart to tell me a setup is forming. If we see a strong breakout with volume, APLD could offer a solid trading opportunity this month.
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KULR Technology Group Inc. (AMEX: KULR) — The EV Penny Stock With a Side Of Bitcoin Volatility
My third Robinhood penny stock pick is KULR Technology Group Inc. (AMEX: KULR).
Officially, KULR makes thermal management technology for batteries and high-performance electronics. That’s a legitimate business — but it’s not why traders are watching.
Lately, KULR has been acting more like a crypto holding company. Management has been raising cash through stock sales and using that money to buy Bitcoin for KULR’s corporate treasury.
That makes KULR’s stock price heavily tied to Bitcoin’s moves. When Bitcoin runs, KULR tends to follow.
The fundamentals are questionable, and the company’s Bitcoin strategy adds risk. But for a short-term trade, none of that matters. Traders aren’t buying KULR for its fundamentals — they’re buying it for its price action.
For March, I’m watching to see if KULR can build off its February strength. It ran from $1.50 to over $3 during the month, and with Bitcoin still volatile, the potential for more action is there.
This is not an investment — it’s a trade. If the setup presents itself, I’ll be ready. If not, I move on.
* Past performance does not indicate future results
Key Considerations for Trading Penny Stocks on Robinhood
Robinhood makes trading easy — but it doesn’t give you the tools you need to succeed. You won’t find a built-in penny stock scanner or advanced charting.
That’s why I recommend using a platform like StocksToTrade. It’s designed for active traders, with:
- Real-time news scanning
- Social media sentiment analysis
- Customizable charting
- Built-in scans for low float runners and top percent gainers
Final Thoughts on Robinhood Penny Stocks
These stocks have momentum — but that doesn’t make them automatic winners.
I’m only trading them if they fit my patterns, with volume, catalysts, and clear levels to risk off of. That’s the process I follow every day.
If you want to improve your trading, join my free daily live trading sessions. I break down real-time trade plans and help traders navigate the market with confidence every day!
What penny stocks are you watching this month? Let me know in the comments!