5 AI Penny Stocks to Buy NOW in 2024

#NVDA stock has returned nearly 700% in less than two years on the AI stock boom but to do that again, it would have to grow larger than the next 10 largest companies combined and half the US economy! That's not going to happen but I've found five #pennystocks that could return 10X your money and more. I'll reveal those #aistocks but more importantly I'll show you how to find the #stockstobuy and how to create a #portfolio for high return and diversification.

Understand that many of these artificial intelligence penny stocks are very risky and I don't recommend putting all your money in them. #Investing is about creating a portfolio around the ETFs and your favorite #stocks that will reach your #investment goals. I'll show you how to do that with these stocks in this video.

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My Investing Recommendations 📈

0:00 AI Penny Stocks to Buy Now
0:36 Why Penny Stocks offer the Best Returns
1:20 The Nerdiest AI Penny Stock #NRDY
2:46 The Risk in AI Penny Stocks
3:22 How to Analyze Penny Stocks
6:08 A Cash Flow Profitable Penny Stock #LTRX
7:30 AI Penny Stock Up 73% in Two Months #OSS
9:31 AI Penny Stock in One of My Favorite Themes #BBAI
11:20 AI Stock I Wish I Had Bought MORE #SOUN
12:22 How to Build an AI Stocks Portfolio

Joseph Hogue, CFA spent nearly a decade as an investment analyst for institutional firms and banks. He now helps people understand their financial lives through dividend stocks, investing and ways to make more money. He has appeared on Bloomberg and on sites like CNBC and Morningstar. He holds the Chartered Financial Analyst (CFA) designation and is a veteran of the Marine Corps.

Disclosures:
All content on this channel is for informational purposes only and should not be construed as professional financial advice or recommendation to buy or sell any securities. Trading stocks, ETFs, other securities, and/or cryptocurrencies poses a considerable risk of loss. Neither host or guests can be held responsible for any direct or incidental loss incurred by applying any of the information offered. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Should you need such advice, consult a licensed financial or tax advisor. When you make purchases through links in this video description, the author may earn a commission.

[CliveBirse]

I agree that AI stocks will dominate 2024. Why I prefer NVIDIA is that they are better placed to maintain long term growth potential, and provide a platform for other AI companies. I know someone who has made more than 200% from NVIDIA last year.

[rrandd]

I recently read an article about a man who identified AI stocks before the AI boom, highlighting the importance of information and insight. I believe AI is poised to enter a new phase, and I aim to position my $200k investment portfolio to capitalize on significant gains.

[frankedwardark]

I agree that many people are considering NVDA as the "Stock of the year." However, I'm curious about which stocks could potentially become the next META in terms of growth over the next decade. I've allocated $200k for investment, looking for companies to make additions to boost performance

[andersonedward]

Purchasing a stock may seem straightforward, but selecting the correct stock without a proven strategy can be exceedingly challenging. I've been working on expanding my $210K portfolio for a while, and my primary obstacle is the lack of clear entry and exit strategies. Any advice on this matter would be greatly appreciated.

[CarolJ.Sorenson]

This was clear, precise and insightful. A financial advisor handles my trades and long invested in some of these penny stocks. I'm now compounding a bit over $900k. In my opinion, it's best to work with an pro.

[michaelschiemer]

I believe investors should focus on under-the-radar stocks, especially given the present rollercoaster nature of the stock market. 35% of my $270, 000 portfolio consists of collapsing stocks that were previously respected, and I don't know where to go from here.

[c.o.l.ek]

80% stocks 20% cash. I plan to take advantage of the s&p 500 as leading indicators predict above 10% rise by this year, my only issue is how to properly allocate a large stock/bond 5m portfolio for substantial gains at minimum risk of inflation.

[jameswood]

I think it's important to stick to stocks that are immune to economic policies. I'm looking at NVIDIA and other AI stocks. It seems AI is the trajectory most companies are taking, including even established FAANG companies. Maybe there are other recommendations?

[LiamDee-uigz]

the yield on bonds have decreased especially on the long end (30 and 10 Y) indicating that the demand is still there even if the supply remains huge showing a preference for safety. I'm still at a crossroad regarding whether or not to liquidate my $138k

[GeneralSharma-mnqp]

I guess I am ultra risk lover. Even though I dont hold meme coins, I only hold AMX100T and ETH . Fingers crossed 🤞 🤞

[MathiasLaurel]

The S&P 500 moved 8.9% higher last Month, achieving one of its best monthly performances in history.. which is an indicator for profits to continue to improve. I just want my money to keep outgrowing the inflation rate. I'm still looking for companies to make additions to my $500K portfolio, to boost performance. Here for ideas...

[CorbinSawinski]

I much prefer AMX100T, last bullrun ETH became unusable to many use cases due to its ridiculously high gas fees

[JeanetteShiers]

AMX100T to the moooon 🚀. AMX100T will hit 1bn marketcap soon, its volume is insane. Binance or coinbase listing might be soon🎉🎉

[TwilaLockman]

Love the AMX100T Alt videos. AMX100T has been my biggest position and really love exploring the ecosystem.

[NathanHarrison]

Thank you for sharing your vast experience and dozens of hours of research with us. Subscribed. And I am now a member of the blossom app.

[cojlmti]

Hi Joe, what tool do you use to do comparable of tech companies or any other sector. In real estate they use comps inc or geodata to do comparable of homes to come up with a price value.

[unjookang]

wow you are so good at commentating, better than the TV Finance news. Keep it up!!

[MatthewMS.]

There will never be another Nvidia. Long time investor and fan here of Nvidia. No one knows how great it is yet. I have been waiting for its 2024 moment for years, its been fun.

[jayboley]

OSS could be something to look into. Did well on there recent earnings

[firozjivanjee]

Hi Joe

I bought Remark Holdings based on your video last year sometime-- lost money on it. You should do follow up videos at least regularly if you dont believe in them. / or you load up more on the dtocks you recommend. Thanks