Which penny stocks are good investments on Robinhood?

Asked 4 years ago

I'm new to Penny Stocks and went with Robinhood. Which penny stocks would be a good investment? Any recommendations or suggestions are welcome. Also, I saw that Robinhood has applied an AI option that we can utilize. Has anyone here used it? Is AI trading worth it?

Penny stocksRobinhoodOpinions on specific stocks

Andia Rispah Igobwa

Friday, October 15, 2021

A penny stock usually costs less than $5 per share.

You can buy some of these penny stocks from Robinhood:

  1. Ideanomics Inc
  2. Safe Bulkers Inc.
  3. Uxin Limited
  4. The U.S. Well Services Inc.
  5. Abeona Therapeutics Inc.
  6. Applied Genetic Technologies Corporation
  7. NexGen Energy Ltd.
  8. Mind Medicine (MindMed) Inc.

Andrew Moran

Sunday, October 17, 2021

The problem with penny stocks is that are many that are easy to manipulate and have turned into pump-and-dump investments.

That said, if you look deep enough, you can find some decent over-the-counter stocks that trade more than just a few pennies.

Here are some good penny securities you will find on Robinhood:

  1. Green Organic Dutchman Holdings Ltd (TGOD): $0.18
  2. Leap Therapeutics (LPTX): $3.15
  3. Pieris Pharmaceuticals (PIRS): $4.51

The reviews of Robinhood's AI trading have been mixed, so proceed with caution!

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