Stock Trading
Aug. 1, 202521 min read

Stocks To Watch Today: Be Updated

Tim BohenAvatar
Written by Tim Bohen Reviewed by Jeff Zananiri Fact-checked by Ben Sturgill

 

My top stocks to watch in August 2025 have the kind of volatility that smart traders target. Every day, week, and month I survey the entire market, looking for stocks that are trending in one direction or another. Our job is to identify the stocks that have the potential to make moves and be ready to trade them if those opportunities come about.

7 Top Stocks To Watch

My top stock watchlist picks for August 2025 — based on pattern, price action, and catalyst — include the following:

Stock Ticker Company Performance (YTD)
NASDAQ: RGTI Rigetti Computing Inc  
NYSE: QBTS D-Wave Quantum Inc  
NYSE: WOLF Wolfspeed  
NASDAQ: SMCI Super Micro Computer  
AMEX: BMNR Bitmine Immersion Technologies Inc  
NASDAQ: APLD Applied Digital Corporation  
NASDAQ: OPEN Opendoor Technologies Inc  

The penny stocks on this list are some of the craziest movers on the market …

Only trade these stocks if you have a solid plan and an understanding of the risks involved. I don’t trade until I see a setup I like.

Jump ahead to get to my trading plans for these top penny stocks!

Top Stocks to Watch Today

My top 7 stock picks are:

  • NASDAQ: RGTI — Rigetti Computing Inc — The Quantum Computing Stock That Just Had a Breakthrough
  • NYSE: QBTS — D-Wave Quantum Inc — The Quantum Computing Stock at All-Time Highs
  • NYSE: WOLF — Wolfspeed — The Chip Supplier for AI Data Centers
  • NASDAQ: SMCI — Super Micro Computer — The Comeback AI Stock of 2025
  • AMEX: BMNR — Bitmine Immersion Technologies Inc — The New Cathie Wood Crypto Treasury Stock
  • NASDAQ: APLD — Applied Digital Corporation — The Data Center Provider Partnered With CoreWeave
  • NASDAQ: OPEN — Opendoor Technologies Inc. — The New Meme Stock Supernova

Bitcoin is back over $100,000, short sellers are getting steamrolled, and the crypto sector is once again at the center of the market’s attention.

From meme coins to mining mergers, it’s starting to feel like 2021 again — but this time with political backing. The Trump administration has thrown its full weight behind crypto, and the market is reacting in a big way.

We’ve seen huge moves in names linked to Bitcoin, blockchain, mining, and digital assets. And behind most of these rallies? Short sellers who got too comfortable and too aggressive.

Remember — we’re traders, not investors. You need to keep that mentality in mind even if you’re a swing trader.

That means:

  • Always having a trading plan — and sticking to it.
  • If a stock drops below risk, you need to sell. Only losers hold onto losers.

We still only want to trade the best setups. Here they are … 

Rigetti Computing Inc (NASDAQ: RGTI) — The Quantum Computing Stock That Just Had a Breakthrough

My first penny stock pick is Rigetti Computing Inc (NASDAQ: RGTI).

Rigetti is back in play as the quantum computing narrative gains steam again.

After a steep pullback earlier in 2025 — triggered by Nvidia’s CEO downplaying near-term quantum prospects — Rigetti just flipped the script with a key tech breakthrough: it achieved a 99.5% median fidelity rate for two-qubit gates on its 36-qubit modular chip.

That puts Rigetti within striking distance of the coveted 99.9%+ range required for fault-tolerant quantum computing.

It’s the holy grail for running long-duration quantum algorithms with precision.

The update sparked a 40% rally in late July as traders rushed back into speculative quantum names.

Rigetti’s CEO, Subodh Kulkarni, told Benzinga they’re only four years away from achieving quantum advantage — a major leap that could unlock enterprise-level use cases and real revenue potential.

Remember, this stock ripped 1,100%* in 2024. And traders are eyeing this as another high-upside comeback story in a sector heating up again.

Quantum hype is re-accelerating, and RGTI is now closing in on a major technical zone at $20.

Here’s the trade potential:

  • Bullish Scenario: A breakout and hold above $20 with solid volume could launch the next leg higher.
  • Bearish Scenario: A failed breakout might lead to a sharp pullback — but that could set up a dip buy around $11 support if the theme stays hot.

This is a volatility-heavy, news-sensitive setup.

Treat it like the speculative quantum sympathy play it is — high risk, high reward, and driven by headlines.

D-Wave Quantum Inc (NYSE: QBTS) — The Quantum Computing Stock at All-Time Highs

My second penny stock pick is D-Wave Quantum Inc (NYSE: QBTS).

D-Wave is separating itself as the top momentum name in quantum computing right now.

While most quantum plays are still trying to reclaim lost ground, QBTS ripped to new all-time highs on July 21. That shows real strength and leadership in the sector.

D-Wave isn’t just another speculative name. It’s a commercial pioneer — the first company to deliver quantum computers to the market and the only one building both gate-model and annealing-based systems.

Its quantum hardware boasts 99.9% uptime, and over 200 million problems have already been run through its Advantage and Advantage2™ platforms.

More than 100 organizations are actively using the tech for AI, optimization, and advanced research — a rare level of real-world traction in a sector still dominated by prototypes and promises.

That’s what sets D-Wave apart. It’s not just riding the hype cycle, it’s solving problems today.

The stock’s up 430%* in 2025, and the breakout to fresh highs shows this is where traders are placing their bets for sector leadership.

This is the quantum frontrunner — and when leaders run, they often go farther than anyone expects.

Here’s the trade potential:

  • Bullish Scenario: If it holds above the recent all-time high, I’d watch for a continuation setup driven by momentum buyers chasing strength.
  • Bearish Scenario: If the breakout fails, watch for a flush to $14 — a key support area where panic dip buyers might step in.

This is the top dog in the quantum trade right now.

Keep an eye on sympathy plays like QUBT and RGTI — strong leaders often spark sector-wide momentum.

Wolfspeed (NYSE: WOLF) — The Chip Supplier for AI Data Centers

My third penny stock pick is Wolfspeed (NYSE: WOLF).

Wolfspeed is the chip supplier that’s quietly powering the AI revolution — and now it’s doing it with a cleaner balance sheet.

The company is a world leader in silicon carbide and GaN semiconductors. They’re foundational components for high-efficiency systems across AI data centers, EVs, military tech, and telecom infrastructure.

It’s the backbone behind the scenes — providing the materials and power modules that drive performance in cutting-edge hardware.

In early July 2025, Wolfspeed shocked the market by filing for Chapter 11 reorganization, aiming to eliminate $4.6B in debt. Rather than triggering panic, the move sparked a 750%* rally, making it the stock’s biggest one-day gain since the IPO.

The rationale? This is a creditor-supported reset, not a liquidation.

Majority debt-holder approval and a fast-track restructuring path targeting Q3 emergence show that investors view this as a turnaround story — not a death spiral.

The restructuring frees up capital for Wolfspeed to double down on its silicon carbide production — a key input in high-demand AI and EV sectors.

Its U.S.-based fabrication corridor offers supply chain security that aligns with national priorities around semiconductor independence.

The chart is consolidating around $1.50, digesting its vertical move.

Here’s the trade potential:

  • Bullish Scenario: A breakout over $2 with volume could squeeze short sellers and trigger a momentum chase back toward post-spike highs near $3.30.
  • Bearish Scenario: A fade under $1.50 could offer a flush back to $1 support.

I’m watching for Chapter 11 progress, creditor votes, or volume surges.

Super Micro Computer (NASDAQ: SMCI) — The Comeback AI Stock of 2025

My fourth “penny stock” pick is Super Micro Computer (NASDAQ: SMCI).

Super Micro isn’t done, it’s just reloading.

After a meteoric AI-fueled rise, the data center king is gearing up for another run.

In the heat of the 2023–2024 NVIDIA-led AI boom, SMCI became the go-to hardware name for scalable, high-performance AI servers. Its modular architecture and power-efficient full-rack systems made it indispensable for hyperscalers chasing next-gen compute power.

But even market darlings stumble. Accounting concerns cooled the stock’s rally, sending shares tumbling from their euphoric highs and spooking fast money.

Now, in mid-2025, SMCI is re-emerging with sharper fundamentals. Revenue is ticking higher again, major cloud partnerships are expanding, and the whisper across fund desks is that institutions are starting to reload.

SMCI isn’t a hype name — it’s the real deal in AI infrastructure. The tech is legit, the demand is sticking around, and the company has already proven it can scale with the AI arms race.

It’s a classic “broken leader” setup that still owns critical mindshare in the AI buildout narrative. 

With earnings momentum returning and volume building, the next leg could be in play.

Read more: AI Stock to Watch: Why SMCI Could Skyrocket by 2026 

Here’s the trade potential:

  • Bullish Scenario: A clean break above $65 on volume could ignite a trend toward gap-fill territory and eventually challenge all-time highs.
  • Bearish Scenario: A pullback into the $48–$50 range may set up a second-chance dip buy as long as support holds.

The dust has settled. Now it’s all about whether SMCI can reassert itself as another hardware backbone of the AI supercycle.

Bitmine Immersion Technologies Inc (AMEX: BMNR) — The New Cathie Wood Crypto Treasury Stock

My fifth penny stock pick is Bitmine Immersion Technologies Inc (AMEX: BMNR).

BitMine Immersion just became Cathie Wood’s newest crypto conviction — and it’s not riding Bitcoin, it’s betting big on Ethereum.

BMNR exploded 3,600%* from late June into July, propelled by a $250M private placement aimed at turning the company into one of the world’s largest ETH treasury holders. But that was before July 30, when ARK Invest disclosed a $15.2M position across its flagship ETFs (ARKK, ARKW, ARKF).

The move signals that Wood sees BitMine not just as a mining name, but as a pure-play Ethereum proxy — one that’s already holding 625,000 ETH (~$2.37 billion) and pivoting away from BTC. BitMine now claims the title of largest ETH treasury among public companies.

Backing the vision is Tom Lee of Fundstrat, who joined as Chairman and believes BitMine is at the intersection of stablecoin adoption, DeFi, and ETH-layer finance.

The company aims to control 5% of ETH supply — a moonshot, but one drawing deep-pocketed support from Founders Fund, Pantera, Galaxy, and Kraken.

BMNR isn’t just another crypto miner. It’s now a full-throttle ETH treasury play backed by major TradFi and DeFi investors, institutional ETF buying, and a capital-light business model.

It’s rare to see a narrative this strong — crypto + Cathie + ETH accumulation — and this early in the reprice cycle.

Here’s the trade potential:

  • Bullish Scenario: A push back above $40 could squeeze shorts and re-emphasize the bullish theory emerging behind this stock.
  • Bearish Scenario: A dip past $30 support could offer a high-risk, high-reward setup if ARK adds or ETH surges.

It’s ARK-backed. ETH-heavy. And still under most traders’ radar.

Applied Digital Corporation (NASDAQ: APLD) — The Data Center Provider Partnered With CoreWeave

My sixth penny stock pick is Applied Digital Corporation (NASDAQ: APLD).

Applied Digital is rapidly emerging as a key player in the AI infrastructure space.

Check out my 7 Best AI Infrastructure Stocks to Buy in 2025!

The company just signed a massive 250MW lease agreement with CoreWeave (CRVW) for its Ellendale facility — a liquid-cooled, AI-optimized data center set to launch in late 2025.

This is a big win.

CoreWeave, riding high from its recent IPO, is one of the top GPU infrastructure names right now. Combine that with APLD’s earlier $5.4 billion in funding commitments from Macquarie and SMBC, and its clear institutional support is backing their hyperscale buildout.

APLD positions itself as a “dirt-to-data” provider — developing AI-first campuses from the ground up. This latest CoreWeave deal pushes it firmly into the upper ranks of AI data center leaders.

The stock ripped 120%* higher in June, riding the wave of AI data center hype.

Now it’s gearing up for another test of that key $15 breakout area, with fresh momentum from the CoreWeave news.

Here’s the trade potential:

  • Bullish Scenario: If APLD clears and holds above $15 with strong volume, it could trigger a powerful breakout move.
  • Bearish Scenario: If it stalls below $15, look for potential support near $9, which could offer a bounce opportunity for dip buyers.

This is a high-momentum AI name — price action will be key, especially with a red hot AI infrastructure sector.

Opendoor Technologies Inc. (NASDAQ: OPEN) — The New Meme Stock Supernova

My seventh penny stock pick is Opendoor Technologies Inc. (NASDAQ: OPEN).

Opendoor is the meme stock revival play nobody saw coming — and it just reminded the market how wild things can get.

The real estate platform spiked 800%* in July, riding a fresh wave of Reddit-fueled meme stock mania that lit up names like Krispy Kreme (DNUT), GoPro (GPRO), and Rocket Mortgage (RKT). Together, they formed the now-infamous “DORK” basket — meme tickers reborn for the TikTok era.

Read more about the insane spike from OPEN’s stock.

Truth is, these kinds of explosive moves aren’t new. We see supernovas every month in small-cap land. What is new is the mainstream media’s attention, which tells you just how strong momentum is right now. For financial outlets to declare “the meme frenzy is back” means the heat isn’t just real — it’s visible.

OPEN’s move wasn’t driven by fundamentals. It was pure narrative ignition — crowd-sourced hype, nostalgic callbacks to 2021, and even identity-driven meme fuel from its status as the first meme-runner led by a female CEO.

This is the kind of stock that thrives when the right mix of sentiment, short interest, and social volume collide.

If the market continues to chase volatility, OPEN stays on the radar — whether as a leader or a sympathy laggard.

Here’s the trade potential:

  • Bullish Scenario: A reclaim of $3 with volume could ignite a fresh run to the recent highs at $5.
  • Bearish Scenario: A fade under the $2 range may set up emotional dip-buy scenarios — especially if another meme name pops.

The media may have just confirmed what traders already knew: momentum is back.



*Past performance does not indicate future results

Top Stocks Under $5

Hot sector penny stocks — whether we’re talking AI penny stocks, biotech penny stocks, or another sector attracting a lot of news — are something traders should always be looking at. The allure lies in the potential for substantial returns on investment, as even minor developments or positive news within these sectors can lead to significant price jumps.

It’s important to proceed with caution and a well-thought-out strategy. The inherent volatility of penny stocks, combined with the speculative nature of emerging sectors like renewable energy and tech innovations, underscores the importance of a meticulous approach. Before diving in, ensure you’ve done your due diligence, looking past the initial excitement to assess the true potential and risks of these ventures. It’s wise to trade these stocks rather than invest long-term, given their unpredictable nature.

Success in trading hot sector stocks priced under $5 hinges on a selective and strategic approach. The goal is to tap into their explosive growth potential while implementing robust risk management practices. By zeroing in on companies making news in their specific niches, traders can seize opportunities for disproportionate gains. This strategy, coupled with a disciplined approach to maintaining a tight investment strategy and promptly cutting losses, can pave the way for trading success in these dynamic market segments.

What Do You Need to Trade Stocks?

The biggest thing you need to become a self-sufficient trader is something money can’t buy…

Patience.

Everything else is easy enough to come by.

Most brokers don’t charge commissions when you buy listed stocks — which is every stock on this list.

You can see the brokers I recommend here.

What else do you need?

You’ll need a trading computer and decent internet. You’ll also need a powerful trading platform like StocksToTrade…

StocksToTrade puts top-of-the-line charts and stock screening at your fingertips. It’s got a built-in news scanner that puts earnings reports and news that move stocks in one place.

 

We think you’ll see the difference immediately. Get your first 14 days here for only $7.

Then comes the hard part…

You need to learn patterns. You need to find out which strategies work for you. You need to put in screen time…

Paper trading is a good way to get your feet wet. StocksToTrade can do that too.

You need to make trading plans and track your trades. I know, it’s a lot. That’s why I’ve designed the best mentorship program out there — Daily Income Trader.

Our trading community will bring you live webinars, strategy sessions, and the chance to ask questions of me and other top traders.

My goal is to teach you how to think for yourself and trade through any kind of market.

Here’s one of the biggest things I teach you to do… 

How to Find Your Top Stocks to Watch: 5 Tips for Every Day

The best traders don’t believe in ‘hot stocks.’ They watch what the market is doing every single day.

There’s no trick to it. Building a daily watchlist comes down to five easy steps.

#1: Run Your Scans

You know what’s moving by setting your stock screener to pick up the right stocks.

I run scans all through premarket, looking for stocks up at least 10%, on decent volume and a catalyst that isn’t complete garbage.

The market is a game of supply and demand. A stock screener is the best way of measuring that demand.

#2: Know Your Catalysts

Crappy penny stocks will always have press releases and celebrity tweets when they’re running. It’s your job to know what’s fluff and what isn’t.

Luckily, it isn’t hard. Is the market reacting well to it? Then it’s probably decent news.

We have an add-on service specifically dedicated to the news that moves stocks. It’s called Breaking News Chat — and it can be your secret weapon. 

#3: Study the Charts

Studying charts can be the difference between randomly trading a stock and seeing a good entry.

How do I know that most days TSLA starts the day red it often finishes green? It’s because I’ve studied its charts.

#4: Look for Volume

Volume is the biggest indicator of price action.

You can trade a stock move with no news. But you probably don’t want to make a trade with no volume.

This is another thing to study when you’re looking at a chart.

Take a look at a stock’s biggest moves. How much volume does it get when it’s making a move? 

#5: Learn From Other Traders

Never copy another trader’s trades. If you’re last in on a trade, you’ll only make money by luck. And you sure won’t learn to trade for yourself.

The training we offer at StocksToTrade is designed to help you become a self-sufficient trader. We show you how we come up with our trade ideas, we don’t give them to you.

Profit and loss isn’t the mark of a good trader. It’s the planning and execution you put in.

We can help you get there in a few different ways:

Conclusion

I’ve shown you the work that goes into building a watchlist…

And I hope I’ve scared you enough that you don’t take these picks as recommendations!

Trading is something you do at the same time as millions of other people. Having stock picks is as silly as taking cue cards on a date…

And it works about as well.

Your trading success doesn’t depend on any ‘secrets’ I can tell you. The only thing it depends on is you learning about your own trading style.

Treat this watchlist as a starting point. Keep on working on your own watchlists until they fit the way you trade.

What do you think about the stocks I’m watching this month? Have you traded any of them? Let me know in the comments!