New Penny Stocks to Buy in 2024

Hour Loop was founded in 2013 with headquarters in Redmond, Washington. It’s an online retailer involved in e-commerce in the United States that hit the public markets on Jan 7th of 2022. The company sells home/garden decor, electronic products, kitchenware, and apparel through walmart.com, amazon.com, and hourloop.com.

The new penny stock has an average trading volume of around $45K, and the 1-year price target is $5.00, which represents an upside of 66.67%. Therefore, it’s a good investment opportunity among most penny stocks

HeartCore Enterprises is a software development company that provides Saas (Software as a Service) solutions to Japanese and international enterprises. It was founded in 2009 with headquarters in Tokyo, Japan. Their products include services in the areas of content management systems, service, sales, and marketing. HeartCore Enterprises is one of the penny stocks to watch in 2024.

This new penny stock was first released on Feb 10th, 2022, and has an average trading volume of around $200K. Its 12-month price outlook is $2.50, which is an upside of 123.21%. Therefore, the stock has the potential to provide a good return for investors. Investing in penny stocks can potentially yield high returns, but it is also a speculative and risky investment strategy. Penny stocks are shares of small companies with low market capitalization and are traded at a low price. Although some investors have made significant profits by investing in penny stocks, it is important to research them carefully, be prepared for potential risks, and diversify your portfolio to avoid relying solely on them or any other single investment strategy. If you're willing to invest less than 1$ per stock we have developed a list of best stocks under 1$.

TC BioPharm is a clinical-stage biopharmaceutical company with a focus on developing immunotherapy products. The firm was established in 2013 with its main headquarters in Motherwell, United Kingdom. One of the products in the pipeline is Omnlmmune, which helps treat Acute Myeloid Leukaemia.

The new penny stock was released on February 11th of 2022. At the time of writing, it had an average trading volume of $ 5.733 million, so it has a lot of potential for investors. TC BioPharm is one of the penny stocks to watch in 2024.

Blue Water Vaccines is a biopharmaceutical company with a focus on the development of transformational vaccines. The upside of the company comes from the holding of rights to proprietary technology developed at the University of Oxford and Cincinnati Children’s Hospital Medical Center.

This new penny stock was released on Feb 18th, 2022, and the average daily trading volume is around $200K. The stock has a 1-year price target of $5.50, which is an upside of 326.36%. Therefore, investors may potentially have big returns if the company develops in the right direction. This makes Blue Water Vaccines a good choice to trade penny stocks and enrich your investment portfolio with this top penny stock. While it is possible to get rich trading penny stocks, it is important to remember that there are significant risks involved. Penny stocks are highly volatile. Therefore, it is not a reliable or guaranteed way to get rich. In the market, the cheapest penny stokes can be also found for less than 2$.

Rail Vision was incorporated in 2016 with headquarters in Ra’anana, Israel. It is a railway detection systems company that promotes predictive maintenance, efficiency, and operational safety in Israel. Its products include thermal cameras, visible light spectrum cameras, and optics.

Rail Vision also works towards improving the durability of onboard computer systems so they can operate in the rough environment of a locomotive.

The new penny stock entered NASDAQ on March 31st, 2022 with an average trading volume of around $55K. Analysts agree that RVSN is a must-buy because the stock is expected to increase during the next 12 months.

Expion360 came into existence in 2016 with headquarters in Redmon, Oregon. It specializes in assembling and manufacturing lithium iron phosphate batteries. The application of the batteries covers several industries, including residential, industrial, golf, marine, and recreational vehicles.

The penny stock was released as an IPO on April 1st, 2022, with an average trading volume of around $276k. Additionally, the stock is predicted to increase in price over the next year.

Aclarion was founded in 2008 with headquarters in San Mateo, California. It is a healthcare technology company that provides software apps for United States-based magnetic resonance spectroscopy. Its evidence-supported solutions help physicians distinguish between painful and non-painful spine discs. Aclarion is one of the penny stocks to watch in 2024

The new penny stock was released as an IPO on April 22nd, 2022, with an average trading volume of around $24K. This stock is predicted to reach $3 within the next year, representing an increase of 331.59%. This makes Aclarion a good choice to trade penny stocks.

Heart Test Laboratories was founded in 2007 with headquarters in Southlake, Texas. It is a medical technology company that offers cardiovascular diagnostic devices which help in detecting cardiac dysfunction and offer information on the 12-lead resting ECG. Haert Test Labaratories is one of the top penny stocks in the market.

Their devices are used in hospitals, urgent care centres, doctor’s offices and clinics.

The Peny stock was released on NASDAQ on June 15th, 2022 and it has an average trading volume of around $33K. Also, the 12-month price target for the stock is $3, which is an upside of 244.79%.

Nexalin Technology is a medical device company incorporated in 2021 with headquarters in Houston, Texas. It designs and develops neurostimulation products to treat mental health patients in China and the United States.

It focuses on alleviating insomnia and anxiety with its drug-free and non-invasive therapies.

This new penny stock was launched on September 16th, 2022, and the average trading volume is around $44K. Keep an eye on the news about the products Nexalin Technology offers to see if positive developments occur. This makes Nexalin Technology a good choice to trade tech penny stocks.

Atlis Motor Vehicles is an electric truck manufacturer that was incorporated in 2016 with headquarters in Mesa, Arizona. It supplies the charging station infrastructure and the setup includes a superior battery technology solution, a pickup truck, and an advanced charging station.

This new penny stock launched on September 27th, with an average trading volume of $1.59 million, reflecting the hype around electric vehicles. Also, the speculators suggest the 1-year price target is $15, which is an upside of 370.22%.

TradeStation consistently ranks as one of the best stock trading platforms and has won industry awards. It is headquartered at Plantation in Florida. The platform’s highlights include an intuitive user interface, quick trading, and a highly-rated mobile app that allows you to trade on the move, especially penny stocks. The platform offers some of the best research and technical analysis tools in the industry, enabling beginners to use market insights, community forums, and webinars to improve their trading skills in penny stocks trading.

Fidelity was founded by Edward C. Johnson II with headquarters in Boston, Massachusetts. It is one of the best new penny stocks trading platforms since you can participate in all new IPOs. Users need to complete at least 36 trades within 12 months to access the Fidelity Active Trader Pro platform. This tool offers some of the best research and analysis tools on the market that will help you with investing in penny stocks.

It is a good choice for traders looking for new penny stocks to trade and expecting higher returns. We recommend you sign up for an account to test the feature and execute trades using the demo version. On a further note, Penny stocks are often referred to as "cheap stocks" because they are typically traded at a low price, often less than $5 per share. This is because penny stocks are shares of small companies with low market capitalization and are considered to be less established and less well-known than larger, more established companies. This makes one of the reasons why penny stocks are referred to as cheap stocks.

Though convenient and attractive at first, penny stocks trading is a risky venture – traders need to understand the risks and benefits involved from the get-go;