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 bucks, 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
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.
Ideanomics, Inc. (NASDAQ: IDEX)
Ideanomics Incorporated is primarily an electric vehicle company focused on adopting sustainable energy solutions for the e-mobility industry.
Aside from its electric vehicle focus, Ideanomics is also involved with financial technology, renewable energy, agriculture, and real estate industries.
Ideanomics Capital is a division of the company that provides innovative fintech solutions.
These solutions include a digital commodities trading platform and an online real estate platform that uses AI to create powerful and convenient tools for buyers, sellers, and professionals.
Simply put, Ideanomics uses artificial intelligence and machine learning to innovate while promoting efficiency and profitability.
After a solid first half of 2021, net income and diluted earnings per share were down in the third quarter.
Share prices have been declining since June as Ideanomics waits for e-mobility to become more mainstream.
As the world continues to transition towards cleaner energy sources, Ideanomics’ goal of driving transformation through sustainability can help lead the company toward profitability.
Remark Holdings, Inc. (NASDAQ: MARK)
Remark Holdings works to bring AI technologies to other businesses around the globe through its subsidiary Kankan.
Kankan develops custom AI-based solutions for industries in education, banking, public safety, entertainment, and more.
The AI venture also carries a portfolio of other brands, such a bikini.com, Remark Entertainment, sharecare, and lasvegas.com.
Throughout these companies, Remark applies its own AI to give itself a leg up on the competition.
Investors seem to feel that Remark needs to find a focus to find true success.
Although trading for less than a dollar now, remark Holdings has a large market cap of nearly $100 million.
Remark could quickly see higher numbers, so this looks like a great time to pick it up on the dip.
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 at $1 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.
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.
CooTek (Cayman), Inc. (NYSE: CTK)
CooTek is a Chinese mobile internet company based in Shanghai, China.
The tech firm develops mobile games, applications, and platforms for American and Chinese mobile markets.
Besides app development, CooTek also uses artificial intelligence with its products.
TouchPal is a smart input method for mobile devices.
The company also has Fengdu Novel, a free app with several built-in book genres.
Although its products are doing well in the Chinese market, there is plenty of room for growth.
As CooTek continues to embrace AI to reach more users, its products will likely grow in their respective niches.
This may be an excellent time to get on board while share prices are only 50 cents apiece.
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.
Where to Buy AI Stocks Under $5?
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.
Robinhood
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
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
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.
Artificial Intelligence Stocks Under 5 Bucks: 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.
Jenna Gleespen is a published author and copywriter specializing in personal and investment finance. Her expertise is in financial product reviews and stock market education.
Tags:
