Best Robinhood Stocks Under $1 [Penny Stocks]

Best Robinhood Stocks Under $1 [Penny Stocks]

It’s no secret that Robinhood and other mobile-first trading platforms have made it easier than ever for newcomers to get involved in the markets. And with penny stocks on robinhood breaking out left and right, it’s a great time to get started. Of course, there are some limitations when trading on a platform like Robinhood – but the quick trade execution is hard to beat. So if you’re looking for some penny stocks on robinhood to buyrobinhood stocks under $1, we’ve got you covered.

Read: How To Invest 500k For Income? Detailed Guide

Here are three penny stocks to buy in Robinhood right now, all for under $1 per share:

  • United States Antimony Corp. (NYSE: UAMY)
  • Ocera Therapeutics, Inc. (OCRX)
  • UroGen Pharma Ltd. (URGN)
  • Koss Corporation (KOSS)

Best penny stocks on robinhood – United States Antimony Corp. (NYSE: UAMY): 

UAMY is the best penny stocks on robinhood to watch right now as the company’s share price has been on the rise in recent weeks. The company is a producer of antimony, a mineral used in various industries, including electronics and construction. And with solid demand for antimony expected to continue, UAMY could be poised for more gains in the months ahead.

Over the last 52 weeks, shares of UAMY have risen 35%, and with the company set to report its latest quarterly earnings on April 19th, it could be an excellent time to robinhood stocks under $1. And if you’re looking for a low-risk entry point, now could be a reasonable time.

Penny stocks on robinhood- Ocera Therapeutics, Inc. (OCRX): 

While a slowdown in China has rattled some investors in recent weeks, it’s worth noting that the country has provided strong demand for lithium, a key component in batteries. And as battery manufacturers look to increase capacity as part of their efforts to meet growing demand, companies that provide lithium supplies could see substantial gains. OCRX is one such company, as it is focused on developing technology related to lithium extraction.

Over the last 52 weeks, shares of OCRX have risen a whopping 179%, becoming one of the best penny stocks on robinhood, and the company is set to release its latest earnings results on April 2nd. With shares trading at just $9 per share, now could be an excellent time to go long and robinhood stocks under $1.

Best penny stocks on robinhood- UroGen Pharma Ltd (URGN): 

URGN is a specialty pharmaceutical company that develops drugs for treating urological disorders. The company’s lead treatment is UGT-102, designed to treat overactive bladder. And with the potential for that drug to become a blockbuster, URGN could be a very intriguing opportunity in the months ahead.

Over the last 52 weeks, shares of URGN have risen 192%. That’s quite impressive. And if you’re looking for a low-risk entry point, now could be an opportune time for robinhood stocks under $1.

Read: How To Invest $100k To Make $1 Million? Detailed Guide

Best penny stocks on robinhood – Koss Corporation (KOSS): 

KOSS is a well-known name in the headphones industry, and its shares have been on the rise of late. For instance, shares have gained 29% over the last 52 weeks, and with the company set to report its latest quarterly results on May 3rd, it could be an excellent time to go long.

Of course, investors should consider KOSS’s exposure to China and the ongoing strength of demand for headphones in North America. But with shares trading at just $2.30, now is undoubtedly an excellent time to consider owning KOSS.

Jesse Strahan

Jesse is a passionate and experienced writer at BusinessBlizz. She takes pride in providing the best version of a blog possible to her readers. As a Business writer, her goals include providing financial knowledge to a mass audience and helping people learn business and investing. In addition, she is very committed to her work and recognized as one of the best writers for her extraordinary commitment to writing.

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