1. Home
  2. /
  3. investing ideas
  4. /
  5. stocks
  6. /
  7. The 7 Best AI...

The 7 Best AI Stocks Under $5 For June 2024! 

Best AI Stocks Under $5

Artificial intelligence stocks are the future of investing. This innovative tech has the potential to reshape almost every aspect of our lives, which is why investors want in on the ground floor. If you’re looking for the best Artificial intelligence stocks under $5, keep reading for our top picks.

Artificial intelligence stocks are on the rise, and for good reason.

AI is one of the hottest industries in the tech sector right now, and more and more companies are investing in it every day.

In fact, the market for AI stocks has grown so much in recent years that it’s become a popular investment vehicle for both expert and novice investors.

But what are the best stocks to buy, and where can you buy them?

Best AI Stocks Under $5

Best AI Stocks Under $5

Cheetah Mobile (NYSE: CMCM)

Cheetah Mobile is a Chinese mobile app producer based in Beijing, China.

The company is famous for developing different mobile games and apps for a variety of purposes, from browser applications to antivirus systems.

It is also involved in the development of AI and AI systems for its suite of artificial intelligence products, ranging from voice recognition to bots that speak with consumers.

With over 600 million active monthly users, Cheetah Mobile has already proven that it can create apps and AI systems that will sell to the average consumer.

Cheetah Mobile spent a lot of money in the fall, with several product launches like the smart vending robot.

This resulted in a lackluster financial report, and share prices dipped to a bite-size range.

As the artificial intelligence market continues to grow, especially in the company’s primary market in China, Cheetah Mobile could have high growth potential.

If you’re a growth investor, this might be a stock to watch out for.


Best AI Stocks Under $5


Nerdy Inc. (NYSE: NRDY)

Nerdy Inc. is an online learning platform that uses AI to link teachers and students.

Through Nerdy’s system, tutors, teachers, and other education professionals are paired with users who are students, parents, and other users. 

Nerdy offers over 3,000 course topics and a variety of delivery options, such as one-on-one tutoring, small groups, and large virtual classrooms. 

Nerdy leverages AI in a number of ways, such as improving course personalization, selecting the top experts via automated evaluations, creating learner-centered course content, and, of course, utilizing its potent student-to-expert matching algorithm.

Best AI Stocks Under $5

The stock is currently trading at about $3.5, having increased by 62% over the past year.

With a 15.6% increase in the most recent fiscal year and a 35% increase in the previous one, revenues have also been rising consistently in tandem with the stock price.

Rekor Systems Inc (NASDAQ: REKR)

Maryland-based Rekor Systems Inc. is one of the strongest-performing AI stocks in the last year.

This artificial intelligence technology company creates real-time traffic intelligence products.

Its in-house AI technology tackles important issues related to transportation management and public safety.

Governmental organizations, law enforcement, and the private sector all use the company’s solutions.

Rekor Systems collates and organizes mobility data worldwide.

Rekor OneTM, its AI-driven operating system for digital infrastructure, takes in billions of data points from various sources.

By using this data, transportation systems are enhanced and roads are made safer.

Best AI Stocks Under $5

The solutions provided by Rekor Systems are used to enhance decision-making capability for law enforcement, government organizations, and commercial use cases.

Additionally, it facilitates the flow of current, useful vehicle recognition data between the public and private sectors. 

Last year, the company’s revenues climbed by 72% to $19.92 million. Furthermore, the stock has increased by more than 150% over the past year and is currently trading at more than $2.75.

Qudian, Inc. (NYSE: QD)

Qudian Incorporated is a Chinese financial service and credit provider.

The fintech company operates a platform of the same name that aims to empower and improve the everyday lives of young and mobile-active consumers in China.

Qudian’s niche is an underserved market with plenty of potential for rapid growth and development.

It was the largest online provider of small cash credit products in the entire country during 2017.

Through artificial intelligence and machine learning, Qudian has created an accurate credit assessment model that analyses a borrower’s ability and willingness to repay loans.

Short-term credit is quickly becoming the go-to choice for many young Chinese consumers, and Qudian is at the receiving end of this increased demand and profitability.

This tech has seemingly immeasurable room to grow in China, and Qudian seems to have everything in place to capitalize on it.

With share prices above $1.5 of late, investors are ideally situated to benefit from the potential growth as well.

Top AI Tech Stocks Under $5

Creative Realities, Inc. (NASDAQ: CREX)

Creative Realities is a digital marketing solutions company that provides analytic tools, technology design, and content management software.

The company’s focus is on developing and delivering retail technology and solutions for its clients with the help of artificial intelligence and machine learning.

Through this tech, Creative Realities provides analytics, scheduling, and content management tools for its clients.

Much of its business is seen through digital advertising both on the web and in the real world.

Creative Realities is also in the process of merging with Reflect Systems to further expand its footprint.

Share prices have seen ups and downs, making Creative Realities attractive to day traders.

Moreover, in recent H2 results, management has given guidance that it is likely to meet consensus revenue figures, which is bound to be positive for the stock price.

However, as more companies and businesses transition toward digital transformation, Creative Realities has the opportunity to deliver on growing demands with its suite of sophisticated AI solutions.

This could mean significant gains on the growth side of things down the line.

Alithya Group Inc. (NASDAQ: ALYA)

Alithya Group represents a team of advisors who look to support clients through technology and innovation.

To do so, the company combines machine learning and artificial intelligence to shape its services.

It provides solutions to anything from initial business strategy to application services in Canada, the United States, and Europe.

There are specific solution suites dedicated to medical and nuclear facilities.

However, Alithya’s expertise has also expanded into investments, banking, manufacturing, retail, and insurance.

Share prices have been on a bit of a roller coaster but ultimately sit 16% higher than a year ago.

The company’s financial numbers have looked solid for all of 2021.

Evolv Technologies Holdings Inc (NASDAQ: EVLV)

Evolv Technology is a startup that has created AI based sensors for detecting concealed weapons.

These sensors can be used at entry points in various public places to screen people as they enter.

Evolv’s products offer a touchless way to deter attackers from bringing weapons into offices, public spaces, or schools.

It’s systems are capable of detecting a wide variety of weapons, such as explosives, knives, and firearms.

People can move through at a normal pace within these screens without having to slow down or place their belongings on a cabinet X-ray system, thanks to its AI based sensor.

These sensors can check on thousands of people every hour. 

Artificial Intelligence Stocks Under $5

Last year, the company saw a 135.95% increase in revenue to $55.20 million. There has also been a notable increase in comparison to the first two quarters of last year.

Investors are showing a great deal of interest in the stock, which was recently trading as high as nearly $8.

Even though it has fallen down a bit recently and is currently trading around the $3.5 mark, it is still up more than 40% over the previous year.

What You Should Know About Penny Stocks

Penny stocks trade for $5 or less and are usually owned by companies with a small market cap.

While some penny stocks are traded on large exchanges, most are done over the counter.

With their often low liquidity and lack of ready buyers in the market, investing in penny stocks comes with risks.

Also, their high implied volatility means that they could swing hard in either direction at a moment’s notice.

Be sure to do your due diligence and invest with caution.

Should You Buy Artificial Intelligence Stocks?

It’s hard to give a definitive “no” or a resounding “yes” to the question of whether or not you should buy artificial intelligence stocks.

As with any investment — investing in AI stocks isn’t without risks.

Still, it’s worth mentioning the growing importance and influence of artificial intelligence on our world today.

Artificial intelligence is a technology that has the potential to radically change our future for the better — and even today, it is already playing an integral role in many industries. 

As with many other types of investments, it’s crucial to determine which companies have a good chance of success before putting your money down.

That being said, AI has a strong foothold on the future of technology and will likely be a big part of the tech movement going forward.

Best AI Stocks Under $5: Where to Buy Them?

Our top platform for investing is public.com, but they don’t trade over-the-counter markets, which means that some AI stocks from companies with a micro-market cap might be unavailable.

If you want even more brokers to choose from, keep reading.


Although Robinhood doesn’t support OTC trading, it’s a great place to find penny stocks that trade on NASDAQ or NYSE.

Robinhood is a trusted and well-known broker, and its mobile app also provides great accessibility for traders and investors.

We also have a guide on the best penny stocks on Robinhood if you want more stock picks.


Fidelity is a great platform for most traders as it provides an easy-to-use interface that is continuously updated in real-time.

The platform does not charge a commission for the trading of U.S. stocks, including artificial intelligence stocks.

Charles Schwab

Charles Schwab provides a complete suite of tools for stock trading and investment.

The platform is ideal for traders who want to stay up with the most recent market information, as it has a wealth of tools and widgets.


TradeStation is a well-known and established platform for stock trading.

To level the playing field for experienced and novice traders, they provide an intuitive yet powerful platform for trading that can be accessed through their website and mobile app.

With over 30 years of proven and tested experience in the industry, TradeStation makes trading accessible.

Interactive Brokers

Interactive Brokers provides a centralized account synced in real-time across different devices on its platform.

As artificial intelligence penny stocks are more volatile and unpredictable, you’ll want to consistently stay up to date on your shares’ performances on the markets.

Traders can easily monitor stock market activity wherever they may be through their desktop, web, and mobile platforms.

Best AI Stocks Under $5: Final Thoughts

If you want to invest in artificial intelligence stocks before they blow up, now is the time.

AI companies are poised for serious growth, and there’s a lot of profit potential for investors that get in on the ground floor.

Any growth investor dealing in small-cap or micro-cap stocks would be wise to keep an eye on this market.


Jessica is a published author and copywriter specializing in personal and investment finance. Her expertise is in financial product reviews and stock market education.