Top Penny Stock of 2024: #1

Right now, all the most explosive profit opportunity is concentrated in one small segment of the stock market…

Penny stocks.

These cheap stocks are not for everyone, and require a solid risk management approach. But only stocks selling for under $5/share can provide true “lotto ticket” gains – blowing Amazon, Microsoft, and even Tesla out of the water.

Dozens of tiny stocks are capitalizing on this mad rush in 2024, and already we've seen real gains of 209%… 903%… 1,434%… even 2,351% in one year…

The answer, for many, is still penny stocks…. and our new hotlist (below) is an excellent tool.

Related: Tiny tech stock about to explode

Not only is a stock trading below $5 a share much more affordable for regular investors… but cheaper stocks also tend to belong to smaller companies, who can double or triple in size much easier than a giant like Amazon.

In fact, some of the greatest companies in the world used to be tiny stocks themselves. Amazon traded for less than $2 a share in 1997. Now it's over $3,000.

Of course, with higher potential reward comes higher risk. Smaller companies and cheaper stocks means there’s more volatility and more room for bad actors to influence stock prices, so please exercise caution, and keep an eye on your trades.

These cheap stocks can go from slumber to life-changing jackpot – and sometimes back down again – in a matter of days, sometimes hours.

Here is our #1 penny stock to buy right now…

Nauticus Robotics

Nauticus Robotics (NASDAQ: KITT) combines two disruptive, rapidly growing trends: robotics and artificial intelligence. Moreover, the company has found a unique niche: specifically, the company has developed AI-powered robots that operate in oceans. And intriguingly, Nauticus reports that it employs many ex-NASA engineers — trailblazers — with decades of experience in researching, engineering, and building space robotics.

The company has developed “a robotic navy,” consisting of 20 pairs of robots. Nauticus said they would be “deployed in multiple offshore industries serving applications ranging from subsea maintenance and intervention to data collection activities.” The company explains that its robots are “controlled through acoustic communication networking and can perform a wide range of data collection, inspection, and manipulation tasks.”

Providing some validation for Nauticus, its technology, and its products, the Pentagon’s Defense Innovation Unit last year gave the company a contract to create a robot that will enable the Marines to eliminate mines from “shallow water” and develop an autonomous robot that can operate both on sea and land.

In its most recent quarterly earnings report, the robot maker’s top line increased to $3 million, up from $2 million during the same period a year earlier.

#1 AI Stock Trading for $3

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AI is by far the biggest tech investing trend of 2024.

But Ross Givens says the #1 artificial intelligence stock is NOT Microsoft, Google, Amazon or Apple.

Nope – his research is pointing to a tiny, under-the-radar stock that's trading for just $3 right now…

And could soon shoot to the moon, handing early investors a windfall.

This company already has 98 registered patents for cutting-edge voice and sound recognition technology…

And has lined up major partnerships with Honda, Netflix, Pandora, Mercedes Benz and many, many others.

So if you missed out on Microsoft when it first went public back in 1986…

This could be your shot at redemption.

Click here now for the full details of this $3 stock that's set to rocket in the AI revolution…