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12 Best Penny Stocks Under $1 to Buy Now

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On July 18, Greg Tuorto of Goldman Sachs joined CNBC’s ‘Closing Bell’ to state that the small-cap market is starting to show signs of life. Tuorto said that despite recognized issues with the small-cap index itself, his team still identifies opportunities within it. He noted that the current month was proving favorable for small-cap stocks relative to large-cap stocks due to the presence of catalysts within these stocks, their low valuations, and the underlying economic environment. He also highlighted that the anticipation of the Fed cutting interest rates in the latter half of the year provides additional tailwinds for small caps.

Tuorto also confirmed that a broadening M&A landscape is highly beneficial for small-cap companies, although it has been notably quiet this year. He mentioned that bank CEOs, including their own, have indicated building backlogs in M&A activity, which they anticipate will materialize in H2 of the year. When asked about specific sectors within small caps that might see catalysts, Tuorto explained that the consumer sector had been the primary driver of performance up to that point. On the notion that increasing trade limitations due to tariffs and geopolitical tensions could favor domestically focused pure plays, Tuorto agreed and called it a great tagline for small caps. He emphasized the domesticity of the asset class and noted that many small-cap companies are heavily focused on the US market because going and sourcing overseas incurs significant costs. He also explained that while the largest and market-driving semiconductors generate a lot of buzz, the small-cap market features many picks and shovels companies that are crucial for connectivity, such as those connecting data centers.

That being said, we’re here with a list of the 12 best penny stocks under $1 to buy now.

A professional stock market trader in a suit in front of a computer, monitoring movements of different stocks.

Methodology

We sifted through the Finviz stock screener to compile a list of the top penny stocks under $1 as of July 22. We then selected the 12 stocks that were the most popular among elite hedge funds and that analysts were bullish on. The stocks are ranked in ascending order of the number of hedge funds that have stakes in them, as of Q1 2025.

Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).

12 Best Penny Stocks Under $1 to Buy Now

12. Aspire Biopharma Holdings Inc. (NASDAQ:ASBP)

Share Price as of July 22: $0.40

Number of Hedge Fund Holders: 10

Aspire Biopharma Holdings Inc. (NASDAQ:ASBP) is one of the best penny stocks under $1 to buy now. On July 9, Aspire Biopharma Holdings announced positive initial consumer feedback for its new sublingual pre-workout supplement, called BUZZ BOMB.

The product features 50mg of caffeine and provides sustained energy and mental focus to athletes and fitness enthusiasts, using a sublingual nano technology that delivers caffeine rapidly to the bloodstream. This delivery method allows for nearly instant energy.

Aspire began a soft launch of BUZZ BOMB last month and introduced it to strength trainers, consultants, and fitness professionals. The company positions BUZZ BOMB as a science-driven brand focused on optimizing nutrition and performance. Initial production of BUZZ BOMB has already commenced, and the product will be available in 30-unit packs across 4 flavors.

Aspire Biopharma Holdings Inc. (NASDAQ:ASBP) is an early-stage biopharmaceutical company that develops and markets disruptive technology for novel sublingual delivery mechanisms in the US.

11. Brand Engagement Network Inc. (NASDAQ:BNAI)

Share Price as of July 22: $0.31

Number of Hedge Fund Holders: 10

Brand Engagement Network Inc. (NASDAQ:BNAI) is one of the best penny stocks under $1 to buy now. Earlier in June, a collaborative effort was announced between the University of KwaZulu-Natal/UKZN, Valio Technologies, and Brand Engagement Network/BEN to launch an inclusive and AI-powered mental health program.

The initiative provides private, 24/7 mental health support to students in South Africa, particularly in underserved communities where access to traditional care is limited. The program will initially roll out at UKZN, and insights gained from this implementation will help guide its expansion across the region.

The core of this program is BEN’s proprietary iSKYE platform, which is an AI-powered system designed to offer personalized mental health support.

Brand Engagement Network Inc. (NASDAQ:BNAI) is a technology company that provides conversational AI assistants.

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AI, Tariffs, Nuclear Power: One Undervalued Stock Connects ALL the Dots (Before It Explodes!)

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!

AI is eating the world—and the machines behind it are ravenous.

Each ChatGPT query, each model update, each robotic breakthrough consumes massive amounts of energy. In fact, AI is already pushing global power grids to the brink.

Wall Street is pouring hundreds of billions into artificial intelligence—training smarter chatbots, automating industries, and building the digital future. But there’s one urgent question few are asking:

Where will all of that energy come from?

AI is the most electricity-hungry technology ever invented. Each data center powering large language models like ChatGPT consumes as much energy as a small city. And it’s about to get worse.

Even Sam Altman, the founder of OpenAI, issued a stark warning:

“The future of AI depends on an energy breakthrough.”

Elon Musk was even more blunt:

“AI will run out of electricity by next year.”

As the world chases faster, smarter machines, a hidden crisis is emerging behind the scenes. Power grids are strained. Electricity prices are rising. Utilities are scrambling to expand capacity.

And that’s where the real opportunity lies…

One little-known company—almost entirely overlooked by most AI investors—could be the ultimate backdoor play. It’s not a chipmaker. It’s not a cloud platform. But it might be the most important AI stock in the US owns critical energy infrastructure assets positioned to feed the coming AI energy spike.

As demand from AI data centers explodes, this company is gearing up to profit from the most valuable commodity in the digital age: electricity.

The “Toll Booth” Operator of the AI Energy Boom

  • It owns critical nuclear energy infrastructure assets, positioning it at the heart of America’s next-generation power strategy.
  • It’s one of the only global companies capable of executing large-scale, complex EPC (engineering, procurement, and construction) projects across oil, gas, renewable fuels, and industrial infrastructure.
  • It plays a pivotal role in U.S. LNG exportation—a sector about to explode under President Trump’s renewed “America First” energy doctrine.

Trump has made it clear: Europe and U.S. allies must buy American LNG.

And our company sits in the toll booth—collecting fees on every drop exported.

But that’s not all…

As Trump’s proposed tariffs push American manufacturers to bring their operations back home, this company will be first in line to rebuild, retrofit, and reengineer those facilities.

AI. Energy. Tariffs. Onshoring. This One Company Ties It All Together.

While the world is distracted by flashy AI tickers, a few smart investors are quietly scooping up shares of the one company powering it all from behind the scenes.

AI needs energy. Energy needs infrastructure.

And infrastructure needs a builder with experience, scale, and execution.

This company has its finger in every pie—and Wall Street is just starting to notice.

Wall Street is noticing this company also because it is quietly riding all of these tailwinds—without the sky-high valuation.

While most energy and utility firms are buried under mountains of debt and coughing up hefty interest payments just to appease bondholders…

This company is completely debt-free.

In fact, it’s sitting on a war chest of cash—equal to nearly one-third of its entire market cap.

It also owns a huge equity stake in another red-hot AI play, giving investors indirect exposure to multiple AI growth engines without paying a premium.

And here’s what the smart money has started whispering…

The Hedge Fund Secret That’s Starting to Leak Out

This stock is so off-the-radar, so absurdly undervalued, that some of the most secretive hedge fund managers in the world have begun pitching it at closed-door investment summits.

They’re sharing it quietly, away from the cameras, to rooms full of ultra-wealthy clients.

Why? Because excluding cash and investments, this company is trading at less than 7 times earnings.

And that’s for a business tied to:

  • The AI infrastructure supercycle
  • The onshoring boom driven by Trump-era tariffs
  • A surge in U.S. LNG exports
  • And a unique footprint in nuclear energy—the future of clean, reliable power

You simply won’t find another AI and energy stock this cheap… with this much upside.

This isn’t a hype stock. It’s not riding on hope.

It’s delivering real cash flows, owns critical infrastructure, and holds stakes in other major growth stories.

This is your chance to get in before the rockets take off!

Disruption is the New Name of the Game: Let’s face it, complacency breeds stagnation.

AI is the ultimate disruptor, and it’s shaking the foundations of traditional industries.

The companies that embrace AI will thrive, while the dinosaurs clinging to outdated methods will be left in the dust.

As an investor, you want to be on the side of the winners, and AI is the winning ticket.

The Talent Pool is Overflowing: The world’s brightest minds are flocking to AI.

From computer scientists to mathematicians, the next generation of innovators is pouring its energy into this field.

This influx of talent guarantees a constant stream of groundbreaking ideas and rapid advancements.

By investing in AI, you’re essentially backing the future.

The future is powered by artificial intelligence, and the time to invest is NOW.

Don’t be a spectator in this technological revolution.

Dive into the AI gold rush and watch your portfolio soar alongside the brightest minds of our generation.

This isn’t just about making money – it’s about being part of the future.

So, buckle up and get ready for the ride of your investment life!

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A New Dawn is Coming to U.S. Stocks

I work for one of the largest independent financial publishers in the world – representing over 1 million people in 148 countries.

We’re independently funding today’s broadcast to address something on the mind of every investor in America right now…

Should I put my money in Artificial Intelligence?

Here to answer that for us… and give away his No. 1 free AI recommendation… is 50-year Wall Street titan, Marc Chaikin.

Marc’s been a trader, stockbroker, and analyst. He was the head of the options department at a major brokerage firm and is a sought-after expert for CNBC, Fox Business, Barron’s, and Yahoo! Finance…

But what Marc’s most known for is his award-winning stock-rating system. Which determines whether a stock could shoot sky-high in the next three to six months… or come crashing down.

That’s why Marc’s work appears in every Bloomberg and Reuters terminal on the planet…

And is still used by hundreds of banks, hedge funds, and brokerages to track the billions of dollars flowing in and out of stocks each day.

He’s used this system to survive nine bear markets… create three new indices for the Nasdaq… and even predict the brutal bear market of 2022, 90 days in advance.

Click to continue reading…