What are the Top AI Penny Stocks to Watch in 2021?
As AI technology continues to expand and improve, many investors are looking for penny stocks in this sector that have the potential for growth in 2021. Here are some of the top AI penny stocks to watch for this year:
1. Remark Holdings Inc. (MARK)
Remark Holdings is a Las Vegas-based AI solutions provider that utilizes advanced technologies such as facial recognition and natural language processing to create innovative solutions for various industries. The company has partnerships with major brands such as Alibaba and MGM Resorts and has seen a significant increase in its stock price in recent months.
2. Digital Turbine Inc. (APPS)
Digital Turbine is amobile software companythat uses AI to optimize the placement and delivery of ads on mobile devices. The company's AI algorithms analyze user data to provide targeted and relevant ads to users. With the growing use of mobile devices and the increasing demand for personalized ads, Digital Turbine is poised for growth in 2021.
3. Veritone Inc. (VERI)
Veritone is a California-based AI company that provides solutions for media and entertainment, government, and legal industries. The company's proprietary operating system, aiWARE, uses machine learning and natural language processing to analyze and understand audio and video content. With the increasing demand for AI-powered solutions in these industries, Veritone has the potential for significant growth in the coming year.
4. Brainstorm Cell Therapeutics Inc. (BCLI)
Brainstorm Cell Therapeutics is a biotech company that uses AI to develop treatments forneurodegenerative diseasessuch as ALS and multiple sclerosis. The company's proprietary technology, NurOwn, uses AI algorithms to create personalized stem cell therapies for patients. With the growing need for effective treatments for these diseases, Brainstorm Cell Therapeutics has the potential for significant growth in 2021.
5. Zedge Inc. (ZDGE)
Zedge is a mobile content platform that uses AI to provide personalized content to users. The company's algorithms analyze user data to provide customized wallpapers, ringtones, and other mobile content. With the increasing demand for personalized content and the growing use of mobile devices, Zedge is poised for growth in 2021.
Investing in penny stocks can be risky, but with proper research and a sound investment strategy, investors can potentially see significant returns. It is important to keep in mind that investing involves risk and past performance is not indicative of future results. As always, it is recommended that investors consult with a financial advisor before making any investment decisions.
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