Penny stocks on Reddit — often priced at $5 or less — can offer fast-moving opportunities for traders with small accounts. These high-volatility stocks are regularly featured on forums like r/WallStreetBets and r/pennystocks, where retail hype can trigger major price moves. The key is knowing which stocks are getting attention and having a plan before you trade.
Table of Contents
- 1 7 Reddit Penny Stocks To Watch
- 2 What Are Reddit Penny Stocks?
- 3 Most Popular Reddit Penny Stocks Worth Considering in 2025
- 3.1 Sharplink Gaming Inc (NASDAQ: SBET) — The 1,000%* Ethereum News Supernova
- 3.2 Oklo Inc (NYSE: OKLO) — The Trump Bump Nuclear Sector Leader
- 3.3 Lightbridge Corp (NASDAQ: LTBR) — The Lower-Priced Nuclear Stock on a Tear
- 3.4 Uranium Energy Corp (AMEX: UEC) — The Uranium Penny Stock
- 3.5 Siyata Mobile Inc (NASDAQ: SYTA) — The AI User Bump Mobile Gaming Stock
- 3.6 Asset Entities Inc (NASDAQ: ASST) — The Bitcoin Bet Penny Stock
- 3.7 Richtech Robotics Inc (NASDAQ: RR) — The Robotics Stock That Joined the Russell 2000
- 4 What to Consider When Trading Penny Stocks Popular on Reddit
- 5 How to Find Penny Stocks on Reddit Before They Spike
- 6 Managing Penny Stock Risks
- 7 Key Takeaways
- 8 Frequently Asked Questions
7 Reddit Penny Stocks To Watch
My top Reddit penny stock watchlist picks for 2025 — based on price action, catalysts, and pattern setups — include the following trending tickers:
Stock Ticker | Company | Performance (YTD) |
NASDAQ: SBET | Sharplink Gaming Inc | |
NYSE: OKLO | Oklo Inc | |
NASDAQ: LTBR | Lightbridge Corp | |
AMEX: UEC | Uranium Energy Corp | |
NASDAQ: SYTA | Siyata Mobile Inc | |
NASDAQ: ASST | Asset Entities Inc | |
NASDAQ: RR | Richtech Robotics Inc |
The top Reddit penny stocks in 2025 have the potential to do as well as the most famous Reddit penny stock of all — GameStop (NYSE: GME). In January of 2021, Reddit traders led the most famous short squeeze of all time, which resulted in at least one idiot hedge fund going bankrupt.
$GME shorts after hours…#GameStop #gamestonk #WallStreetBets pic.twitter.com/z4VWrQot2U
— StocksToTrade (@StocksToTrade) February 24, 2021
GameStop gained 1,700%* in 3 weeks. In February, it ran another 550%*.
This was the birth of the Reddit catalyst in penny stocks. Reddit traders figured out that they could share information just like Wall Street traders, and become a force! Sort of like the Transformers, but with more jokes.
What Are Reddit Penny Stocks?
What we call Reddit penny stocks are the stocks that are most popular on Reddit’s trading forums. Reddit has more subreddits dedicated to penny stocks than to celebrities like Iggy Azalea… The ‘r/pennystocks’ board has more than 2 million members, all discussing penny stocks.
The definition of penny stocks is any stock that trades under $5 per share — but it’s more than that. When I talk about penny stocks, I’m referring to stocks with sketchy business models and long-term projections. Penny stock can trade on major exchanges like the Nasdaq or NYSE, but the ones I really like to trade are on the over-the-counter (OTC) markets and pink sheets.
These are the penny stocks most prone to manipulation. When you’re reading about penny stocks on your Reddit social media feed — or in any internet communities — keep your guard up.
Most Popular Reddit Penny Stocks Worth Considering in 2025
My top Reddit penny stock picks for 2025 are:
- NASDAQ: SBET — Sharplink Gaming Inc — The 1,000%* Ethereum News Supernova
- NYSE: OKLO — Oklo Inc — The Trump Bump Nuclear Sector Leader
- NASDAQ: LTBR — Lightbridge Corp — The Lower-Priced Nuclear Stock on a Tear
- AMEX: UEC — Uranium Energy Corp — The Uranium Penny Stock
- NASDAQ: SYTA — Siyata Mobile Inc — The AI User Bump Mobile Gaming Stock
- NASDAQ: ASST — Asset Entities Inc — The Bitcoin Bet Penny Stock
- NASDAQ: RR — Richtech Robotics Inc — The Robotics Stock That Joined the Russell 2000
Reddit conversations list stocks from all over the stock market — but some attract more attention than others. The following are some of the stocks that people on Reddit have been writing about the most…
There’s no guarantee I’ll trade any of these stocks. I’m watching them to see if they match my preferred setups — only then will I trade them.
The best traders watch more than they trade — that’s what I’m trying to model here.
Sign up to our NO-COST weekly watchlist here!
There’s no guarantee that any of my watchlist picks will be tradeable. But if something happens, smart traders should be ready.
Here’s some background info on Reddit penny stocks:
- What is the most promising Reddit penny stock?
A stock with a lot of volatility like Sharplink Gaming Inc (NASDAQ: SBET) is a good bet for the most promising Reddit penny stock. Remember, we’re traders, not investors. We’re watching the stocks on this list for short-term moves, not predicting which of these stocks will still be around in 2030.
- What are the top 3 Reddit penny stocks to buy now?
My top 3 Reddit penny stocks to buy now (as long as their price action is strong) are Sharplink Gaming Inc (NASDAQ: SBET), Oklo Inc (NYSE: OKLO), and Uranium Energy Corp (AMEX: UEC).
- Which Reddit penny stocks have a “Strong Buy” analyst rating?
Analysts don’t give any Reddit penny stocks “strong buy” ratings. These stocks are sketchy and unstable — you should never “invest” in them. Always trade with a plan.
Let’s get to the picks …
Sharplink Gaming Inc (NASDAQ: SBET) — The 1,000%* Ethereum News Supernova
My first Reddit penny stock pick is Sharplink Gaming Inc (NASDAQ: SBET).
On Tuesday, May 27, SBET announced a $425 million private placement to establish an Ethereum treasury strategy.
Cryptocurrency stocks are volatile right now because there’s a crypto bill that’s working its way through congress. Plus, Bitcoin is trading near all-time highs once again.
Keep an eye on this crypto catalyst in June.
There are a lot of crypto-related stocks that we can use to trade this momentum. Whether it’s an intraday trade on a stock like SBET or a swing trade on a larger name like Coinbase Global Inc. (NASDAQ: COIN) …
To quote Tim Sykes, SBET went full supernova on Thursday, May 29. The multi-day spike measures 1,700%*.
This is the latest supernova of the year. We see a few every month. Study this price action and get ready for the next one.
Oklo Inc (NYSE: OKLO) — The Trump Bump Nuclear Sector Leader
My second Reddit penny stock pick is Oklo Inc (NYSE: OKLO).
On Friday, May 23, the market learned of Trump’s executive orders to support growth in the nuclear sector.
Here’s the headline:
Oklo Shares Surge on Tailwinds from US Nuclear Support
We saw multiple nuclear stocks spike as a result.
Here are some other examples of nuclear runners:
- NuScale Power Corporation (NYSE: SMR) spiked 45%.
- Cameco Corporation (NYSE: CCJ) spiked 17%.
OKLO is trading near all time highs right now.
A breakout could come any day. And when stocks break to new all-time highs, the move can be extremely explosive.
Here’s why: There aren’t any traders holding shares above the new highs. That lack of selling pressure adds to the upward momentum.
Keep an eye on this stock. Use our AI swing-trading bot to build smart positions before a breakout.
Lightbridge Corp (NASDAQ: LTBR) — The Lower-Priced Nuclear Stock on a Tear
My third Reddit penny stock pick is Lightbridge Corp (NASDAQ: LTBR).
This stock is also hovering near all-time highs …
It got a huge bump from Trump’s nuclear-sector executive orders.
OKLO, from earlier in this list, is a little higher priced. So I included LTBR as an alternative.
LTBR is also set to join the Russell 2000 and 3000 indexes …
That’s important because these nuclear companies are generally new and unestablished. Some don’t even have profits yet.
With that in mind, it’s good to see that LTBR is recognized and included on two publicly traded indexes.
Since Trump’s announcement, the price spiked 60% and made new all-time highs. This momentum could continue in June.
Uranium Energy Corp (AMEX: UEC) — The Uranium Penny Stock
My fourth Reddit penny stock pick is Uranium Energy Corp (AMEX: UEC).
Notice the number of nuclear stocks on this watchlist …
There’s so much momentum in the market as a result of Trump’s actions in office. Whether we’re talking about tariffs or individual executive orders, the White House is giving us some of the best catalysts for volatility right now.
UEC is trading below the all-time highs, but the momentum since Trump’s announcement makes it a no question watch.
The price spiked 35% after the executive orders.
Look for another rally in June.
Siyata Mobile Inc (NASDAQ: SYTA) — The AI User Bump Mobile Gaming Stock
My fifth Reddit penny stock pick is Siyata Mobile Inc (NASDAQ: SYTA).
On May 9, we learned that Core Gaming’s AI Comic App reached 300k users, after launching 24 hours earlier.
And due to SYTA’s $160 million merger agreement with Core Gaming in February, SYTA benefits from the AI app’s user bump.
The stock went full supernova later in May. The multi-day move measures 810%*.
Like I mentioned, we see a few supernova spikes every month. Get ready for the next one.
Asset Entities Inc (NASDAQ: ASST) — The Bitcoin Bet Penny Stock
My sixth Reddit penny stock pick is Asset Entities Inc (NASDAQ: ASST).
On May 7, we learned that ASST merged with Strive Asset Management to create the first publicly traded Bitcoin treasury company.
This was another supernova from May. The price spiked 2,100%*.
Check out the latest ASST news here!
The stock could rally in June. But ultimately, I’m on high alert for the next stock to go supernova.
These spikes are incredible. And we can use Sykes’ patterns to trade the momentum.
Study this price action.
Richtech Robotics Inc (NASDAQ: RR) — The Robotics Stock That Joined the Russell 2000
My seventh Reddit penny stock pick is Richtech Robotics Inc (NASDAQ: RR).
This stock is included in the Russell 2000 index alongside LTBR.
And RR has a great history of running. Between December 2024 and January 2025, the price spiked 760%*.
The price has already rallied a bit, but it’s far from the $5 per share highs from January.
When we consider the rally of the rest of the tech market, RR could be next on the list to spike in June.
Set alerts in StocksToTrade and wait for the price to cross key dollar levels with strong trading volume.
*Past performance does not indicate future results
What to Consider When Trading Penny Stocks Popular on Reddit
When trading penny stocks popular on Reddit, you want to tread carefully. Reddit forums like r/WallStreetBets have become influential market movers, often driving sharp price increases in certain penny stocks.
Here’s the “but” — these price movements are driven by speculation and crowd mentality, not by a company’s fundamentals. That means these stocks could collapse as soon as the excitement dies down.
Do Thorough Research and Utilize Resources from the Community
In the world of penny stocks, knowledge is power. Armed with the right information, a savvy trader can spot an opportunity that others might overlook.
Reddit is a starting point, a place to find the pulse of the crowd. You’ll need to supplement the info you find there with your own detailed research.
Don’t just rely on the buzz in Reddit comments. Dig deeper. Take advantage of the wealth of data, resources, and technology available at your fingertips to unearth the facts about the company behind the stock.
For those looking to explore trading on Robinhood, understanding the nuances of Robinhood penny stocks can be a game-changer. From identifying trends to analyzing financials, the right tools can make a significant difference.
I use StocksToTrade to scan for news, tweets, earning reports, and more — all covered in its powerful news scanner.
It has the trading indicators, dynamic charts, and stock screening capabilities that traders like me look for in a platform. It also has a selection of add-on alerts services, so you can stay ahead of the curve.
Grab your 14-day StocksToTrade trial today — it’s only $7!
Monitor Market Trends and Analyze Companies’ Financials Carefully
When trading penny stocks, you’re not just investing in a company — you’re investing in the broader market too.
Keep your eyes on the NYSE, Nasdaq, and over-the-counter (OTC) markets to keep up with market sentiment.
Don’t stop at the chart. You should also check the company’s financials.
Is their balance sheet strong? Do they have positive cash flow? Do they have a viable business model? These questions help me decide whether to hold a stock overnight.
Set Your Risk Tolerance Appropriately
Trading penny stocks comes with as much downside as there is upside.
Set your risk tolerance appropriately. The true measure of a trader is how they respond to losing — so make sure any money you put into penny stocks is money you can afford to lose.
The volatility of penny stocks means they can experience significant price swings in a short period, and it’s up to you to protect your account.
Regularly Monitor Your Investments
If your trading strategy is a long-term one, make sure to regularly monitor your investments. This should be happening whether you’re trading penny stocks or blue-chip companies.
Keep a close eye on the news surrounding the companies you’re invested in. Regular monitoring allows you to react quickly to changes and make informed decisions based on the latest information.
Diversify Your Portfolio with Different Types of Assets
One investing strategy involves diversification.
You know that you don’t want to put all of your money into one stock — that’s a gambling maneuver, not a strategy. Diversification could include a mix of blue-chip stocks and hot runners, or it could include an asset mix.
If you’re interested in expanding your portfolio, consider exploring Nasdaq penny stocks to find potential hidden gems.
The only rule here is to make sure you research all your investments and build a trading plan that you stick to!
How to Find Penny Stocks on Reddit Before They Spike
Want to find Reddit penny stocks before they go viral?
Start by checking the most upvoted and discussed tickers on r/WallStreetBets, r/pennystocks, and r/smallstreetbets. Use keyword searches like “short squeeze,” “low float,” or “merger” to filter out hype and zero in on real catalysts.
Next, cross-reference Reddit buzz with price and volume spikes using a stock screener like StocksToTrade. Stocks that are moving on both price and social chatter are often the biggest winners — or the fastest faders.
Reddit doesn’t move stocks alone — you need volume, volatility, and a plan to trade the setup.
Managing Penny Stock Risks
Managing risk should be the most important part of your trading strategy.
Here’s what you should be paying attention to…
Risk Mitigation Techniques
Risk mitigation can involve strategies like diversification, hedging, and stop-loss orders. Don’t be afraid to exit a position if the chart is looking bad.
Remember: only losers hold losers!
Position Sizing
An essential part of risk management is position sizing.
New traders are usually too aggressive. They haven’t experienced the dangers of the markets.
Your number one job is to protect your account. Good position sizing insulates you from one trade hurting you too much.
When you start off, I recommend a fixed position size in dollars. For example, your position size could be $100 for each trade.
From there, you could move on to risk-based position sizing. This usually is measured in relation to the size of your overall account.
When you start day trading, stick to a small risk, like 1% or less of your account. That can potentially help you stay in the markets longer.
Position Size Calculator
Number of Shares = Account Value x Percentage Risk / (Entry Price – Stop Price)
Position Size = Number of Shares x Entry Price
Enter your stop price, entry price, percentage risk, and account value to find your risk-based position size.
Stop-Loss Orders
Stop-loss orders are a MUST for managing risk. Whether you set an automatic stop-loss or just have a clear plan in your head, cutting losses is essential.
Automatic stop-loss orders let you specify a price at which you’ll automatically sell a stock if it drops to that level. This can help you limit your losses if a stock’s price takes a dive.
Just be careful — if a stock falls through your stop AND your limit, it might not execute. This can leave you with bigger losses than you’d planned for.
Key Takeaways
Trading penny stocks, particularly for new traders, can be an effective strategy to grow your trading account. The key here is to always have a plan — and follow that plan. These penny stocks won’t make you rich, but if you trade with risk in mind they can make for some tidy day trading gains!
Here are a few key points to keep in mind:
- Be cautious with penny stocks: Many of these stocks have a questionable reputation — for a good reason! When trading penny stocks, be aware that the risk is often amplified due to the lack of extensive company information and the prevalence of questionable promotional tactics.
- Potential for significant gains: I like trading penny stocks because you can conservatively trade while still achieving substantial gains. These stocks have the potential to go supernova, and smart traders can protect themselves by focusing on “the meat of the move.”
- The companies are often in their early stages: A number of penny stocks represent relatively new companies. This means their market trajectory and valuation can change dramatically, presenting both opportunities and risks.
Although I’ve provided a list of seven penny stocks to keep an eye on within Reddit, it’s important not to blindly follow these picks. The key to successful trading is understanding the reasons behind each selection and applying that knowledge to develop your own list of stocks to watch. This approach, along with careful market observation and trading, will serve you well as you navigate the complexities of penny stock trading.
Have you traded penny stocks on Reddit? Write “I always trade with a plan” in the comments!
Frequently Asked Questions
What Are Reddit Penny Stocks?
Reddit penny stocks are low-priced stocks — often under $5 — that gain traction in Reddit trading communities like r/pennystocks and r/WallStreetBets. They’re typically high-risk and high-volatility, with sharp moves driven by news, hype, or crowd momentum.
How Do I Find Penny Stocks on Reddit Before They Spike?
Start by searching Reddit’s top trading subreddits for tickers with high engagement and strong upvotes. Then use a stock screener to confirm if there’s momentum behind the buzz. Stocks with both Reddit attention and strong price action are worth watching.
Are Penny Stocks on Reddit Good for Day Trading?
They can be. Many of these stocks offer explosive intraday moves — but the risk is just as high. Stick to a solid strategy and avoid chasing hype without a setup you trust.
What Causes Penny Stocks to Spike on Reddit?
Most penny stock spikes on Reddit are triggered by catalysts like mergers, crypto news, or short squeeze setups. The combination of a catalyst and social media momentum can lead to massive moves — and just as big reversals.