(NASDAQ: NVDA), and trade it accordingly. You just have to understand that this probably isn’t the next NVIDIA Corp. This could be huge - but it’s probably just a pump. They function as predictive engines, drawing on large data sets to figure out what words are most common after the last words that were written. LLMs are what drive AI chatbots like ChatGPT and Google’s Bard. Its average 60-day volume is just over 100,000 shares traded. That means the 16 million shares traded on the day of its announcement can really impact the supply. On June 14 it announced that it was working on its own proprietary large language model (LLM) - sending its stock up nearly 150%!Ĭheck the float. My third Robinhood stock pick is WeTrade Group Inc. (NASDAQ: WETG) - The Low-Float AI Stock with News But the otherwise thin volume can mean lots of volatility combined with poor liquidity. When news hits, this thing can really spike (check out its 1,000% push in mid-April). It’s been able to hold support due to its tiny 1.7 million share float and the strength of the AI sector… It might be setting the table for another leg up. In June, it looks like it’s consolidating near its highs. This is one of the hottest runners in 2023. My second Robinhood penny stock pick is CXApp Inc. (NASDAQ: CXAI) - The Low-Float AI Stock Supernova SOFI’s been on a tear in May and June 2023 - rising 100%. The end of this pause, in effect since early 2020, should get the ball rolling again for SOFI. SOFI had a rough 2022, but a major turning point is on the horizon: the end of the federal student loan repayment pause in August 2023. But here’s the thing - tragedy often leads to opportunity.įintech companies, particularly those offering digital banking and lending, are stepping up to fill the void. Traditional banks are in trouble, and some are failing. SOFI is part of a sector that’s undergoing seismic shifts due to the ongoing banking crisis… financial technology, or fintech. My first Robinhood penny stock pick is SoFi Technologies Inc. (NASDAQ: SOFI) - The Banking Crisis Hedge Penny Stock Sign up to our NO-COST weekly watchlist here! SoFi Technologies Inc. The best traders watch more than they trade - that’s what I’m trying to model here. I’m watching them to see if they match my preferred setups - only then will I trade them. There’s no guarantee I’ll trade any of these stocks. The following are some of the stocks that people on Robinhood have been trading more than most of the market… The Meme Stock That’s Back from the Dead NASDAQ: TOP - TOP Financial Group Ltd.My top 7 Robinhood penny stocks to watch for June 2023 are: List of the Hottest Penny Stocks on Robinhood in June 2023 10 Robinhood Penny Stocks to Watch: Conclusion.9 Can You Get Rich Trading Penny Stocks?.7 Should You Trade Penny Stocks on Robinhood?.6 Robinhood Penny Stocks to Watch: How to Make Your List of Penny Stocks.5 How to Trade Penny Stocks on Robinhood.4 How to Choose Penny Stocks on Robinhood.
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