In this article, we will list the 5 Best Strong Buy Penny Stocks to Invest In Now. Please visit 12 Best Strong Buy Penny Stocks to Invest In Now if you would like to see the extended list and the methodology behind it.
5. Prime Medicine, Inc. (NASDAQ:PRME)
Number of Hedge Fund Holders: 23
Prime Medicine, Inc. (NASDAQ:PRME) is one of the best strong buy penny stocks to invest in now. Prime Medicine, Inc. (NASDAQ:PRME) announced on July 8 a positive, binding resolution of its previously disclosed arbitration with Beam Therapeutics, Inc. relating to the parties’ 2019 Collaboration and License Agreement. The company reported that the Tribunal declared that PM647, which is the company’s investigational Prime Editing drug for Alpha-1 Antitrypsin Deficiency (AATD), is within its “Field” as defined by the Agreement, and that Prime Medicine, Inc. (NASDAQ:PRME) therefore did not breach the Agreement and does not owe monetary damages to Beam Therapeutics.
It further clarified that PM647 leverages Prime Medicine’s (NASDAQ:PRME) universal liver lipid nanoparticle to correct the E342K (Pi*Z) mutation in the SERPINA1 gene, which is the most prevalent disease-causing mutation in AATD. Treatment with PM647 in fully humanized mouse models attained high levels of editing efficiency and restored the corrected protein isoform (M-AAT) into the healthy human range at clinically relevant doses.
Prime Medicine, Inc. (NASDAQ:PRME) is a biotechnology company involved in the development of one-time curative genetic therapies.
4. Inventiva S.A. (NASDAQ:IVA)
Number of Hedge Fund Holders: 24
Inventiva S.A. (NASDAQ:IVA) is one of the best strong buy penny stocks to invest in now. Inventiva S.A. (NASDAQ:IVA) announced on July 9 the completion of the final step of the transactions previously announced on June 2, 2026, through the issuance of approximately 15.7 million new warrants to the European Investment Bank, along with the surrender and cancellation of all remaining warrants originally issued to the EIB in January 2024 that were not repurchased in the Combined Transaction.
Andrew Obenshain, CEO of Inventiva S.A. (NASDAQ:IVA), stated that the completion of the EIB warrant restructuring marks a notable step in bolstering the company’s capital structure and improving alignment with its shareholders, and added that through the replacement of the remaining legacy EIB warrants with a simplified warrant instrument that no longer includes specific contractual anti-dilution protection mechanisms, the company has managed to eliminate a potential source of future uncertainty and dilution. This provides the company with increased financial flexibility, according to Obenshain, as it continues to advance the development of lanifibranor, which is its investigational pan-PPAR agonist for the treatment of MASH.
Inventiva S.A. (NASDAQ:IVA) is a clinical-stage biopharmaceutical company that develops oral small-molecule therapies to treat non-alcoholic steatohepatitis, or NASH, and other diseases with significant unmet medical need.
3. i-80 Gold Corp. (NYSEAMERICAN:IAUX)
Number of Hedge Fund Holders: 32
i-80 Gold Corp. (NYSEAMERICAN:IAUX) is one of the best strong buy penny stocks to invest in now. i-80 Gold Corp. (NYSEAMERICAN:IAUX) announced on June 25 the remaining assay results from the completed 2025-2026 infill drill campaign within the upper 426 zone of the Archimedes Underground Project, which is situated on the Company’s Ruby Hill property in northeastern Nevada, USA. Development there remains on schedule to attain first gold in the fourth quarter of 2026. The company further stated that it is continuing to optimize the sequencing of its development plan, and that “the timing of feasibility-level technical studies for Granite Creek underground and Cove underground is being extended from the second quarter of 2026 to the third quarter of 2026”.
In another development, i-80 Gold Corp. (NYSEAMERICAN:IAUX) announced on June 26 its entry into a termination and settlement agreement with Vox Royalty Cayman SEZC and its parent company, Vox Royalty Corp., to terminate the company’s gold offtake agreement. The termination of the agreement is expected to offer greater financial and commercial flexibility to the company and bolster its balance sheet further.
i-80 Gold Corp. (NYSEAMERICAN:IAUX) provides gold production and development services.
2. Sable Offshore Corp. (NYSE:SOC)
Number of Hedge Fund Holders: 34
Sable Offshore Corp. (NYSE:SOC) is one of the best strong buy penny stocks to invest in now. Sable Offshore Corp. (NYSE:SOC) received a rating update from Gerdes Energy Research on July 6. The firm upgraded the stock to Buy from Neutral, adjusting the price target on the shares to $8, down from $11. The rating update came after the issuance of “necessary equity capitalization” and convertible debt, with the firm telling investors that the stock has depreciated by about 67% since June 1. The firm’s revised target reflects significantly over 20% equity value upside.
Sable Offshore Corp. (NYSE:SOC) also received a rating update from Jefferies the same day. The firm cut the price target on the stock to $11 from $24 and maintained a Buy rating on the shares, with the rating update coming after what the firm calls “a challenging couple of weeks”, which includes an unexpected equity/convertible note as government support failed to materialize. The firm further stated that although the dilution “has been frustrating for existing equity holders,” the focus is on Judge Wilson’s ruling in July with refinancing complete.
Sable Offshore Corp. (NYSE:SOC) is involved in offshore oil and gas field operations. The company’s focus is on the development of the prolific Santa Ynez Unit in federal waters offshore California.
1. Grab Holdings Limited (NASDAQ:GRAB)
Number of Hedge Fund Holders: 50
Grab Holdings Limited (NASDAQ:GRAB) is one of the best strong buy penny stocks to invest in now. Grab Holdings Limited (NASDAQ:GRAB) received a rating update from Barclays on July 9. The firm cut the price target on the stock to $5 from $7 and maintained an Overweight rating on the shares. For reference, in its financial results for fiscal Q1 2026, Grab Holdings Limited (NASDAQ:GRAB) reported that revenue grew 24% year-over-year to $955 million. On-Demand GMV for the quarter also rose 24% year-over-year to $6.1 billion, while profit for the period was $120 million. Management further reported that adjusted EBITDA grew 46% year-over-year to $154 million in fiscal Q1 2026, with adjusted free cash flow of $489 million on a trailing twelve-month basis.
Grab Holdings Limited (NASDAQ:GRAB) also stated that with trailing twelve-month adjusted free cash flow expanding to $489 million in the first quarter, it remains focused on disciplined capital allocation to drive profitable growth and maintain its commitment to return capital to shareholders.
Grab Holdings Limited (NASDAQ:GRAB) provides millions of consumers access to its merchant and driver partners for food delivery, ride or taxi hailing, package delivery, payment for online purchases, and services such as telemedicine, lending, and insurance through its application.
While we acknowledge the potential of GRAB to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than GRAB and that has 100x upside potential, check out our report about the cheapest AI stock.
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