3 Robinhood Penny Stocks For Your High Volume Watchlist
Finding penny stocks on Robinhood is one of the most popular pastimes for all small-cap investors in 2021. While not all use Robinhood, the trading platform presents one of the most accessible places for investors to find small-caps. And because of this, trading has never been more democratized than it is today.
In addition, there are billions of dollars in new capital, and therefore, higher volume with penny stocks than in many years prior. Considering that there are hundreds of penny stocks on Robinhood to choose from, how can we as investors find the best ones for our watchlists? Well, there are a few things to keep in mind.
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For one, investing in penny stocks on Robinhood means that you will likely have to deal with high volatility. This is simply something that comes with the territory. In addition, investors should try and stay up to date with Reddit penny stocks, or other small-caps mentioned frequently online. These can be great indicators for where industry-wide momentum maybe, or simply which penny stocks may be the most volatile right now.
So, with the pandemic still in full swing, investors should adjust their portfolio strategies accordingly. Considering all of this, let’s take a look at three high-volume Robinhood penny stocks to watch right now.
3 High Volume Robinhood Penny Stocks For Your Watchlist
- Sos Ltd. (NYSE: SOS)
- Ambev ADR (NYSE: ABEV)
- Antelope Enterprise Holdings Ltd. (NASDAQ: AEHL)
Sos Ltd. (NYSE: SOS)
The technology industry this past year has increased tremendously in both its financial value and the amount of innovation occurring. Because of the high competitiveness of the field itself, there is a great deal of volatility around. And as far as popular tech penny stocks go, SOS Limited could be worth keeping an eye on right now.
For some context, SOS is a tech company that operates within the fields of blockchain technology and artificial intelligence (AI). These novel technologies are just now being implemented in many companies, which is an exciting prospect for this company’s future.
Currently, SOS’s main focus is on data accumulation and cloud computing. The company provides its customers with big data, digital asset management, trading services, and other technological products. In addition, its SaaS cloud platform is comprised of three products: the cooperative cloud, the information cloud, and the basic cloud. These products aid emergency rescue services as the companies name may suggest.
While it may seem odd that SOS works in both emergency rescue and blockchain/software, if we look at the history of the company, we see that SOS goes where the money is. And to date, this has paid off relatively well for the company. YTD, shares of SOS stock are up by over 90%, and since mid-July, shares are up by almost 15%. So, while SOS stock may be quite volatile, it could be worth adding to your watchlist next month.
Ambev ADR (NYSE: ABEV)
One penny stock we have covered frequently over the past couple of months is Ambev ADR. If you’re not familiar with it, you probably have drunk at least one of the products that it offers. For some context, Ambev is the producer of a wide range of beer, carbonated soft drinks, and other beverage products that are shipped globally.
Some of its brands include Modelo, Corona, Lipton Iced Tea, Canada Dry, Pepsi, Busch, Michelob, and more. As you see, it holds claim to some of the largest alcoholic and non-alcoholic beverage names in the world. And for this reason, many investors have shown positivity toward ABEV stock in the past year or so.
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Because alcohol sales tend to increase in both times of economic prosperity and hardship, Ambev could be in a good position for the coming future. And despite higher Covid rates in the past month due to the Delta variant, people are still going out and enjoying the nightlife with friends and family.
We do have to consider that the trajectory of the pandemic has a high correlation with how well ABEV stock is performing. But, it seems as though the company could benefit from both increased lockdowns and economic reopening. So, if you’re looking for a multifaceted penny stock to watch, ABEV could be worth adding to your list of penny stocks to watch right now.
Antelope Enterprise Holdings Ltd. (NASDAQ: AEHL)
Today, shares of AEHL stock shot up by around 5% or so, ending the day at just under $3 per share. This is one of a few instances of large intraday moves for AEHL stock in the past few weeks. YTD, AEHL stock is up by a respectable 22% or so, indicating decent bullish sentiment. And to understand why Antelope Enterprise could have value, let’s take a closer look at what the company does.
AEHL is a diversified business that specializes in the manufacturing and distribution of ceramic tiles in China. These tiles are found in both residential and commercial buildings around the country. It operates out of two major facilities, located in Jinjiang, Fujian Province, and Gaoan, in the Jiangxi Province. Both these locations were chosen because of their abundant clay resources and convenient manufacturing regions. While tile production maybe its primary business, AEHL engages in several other opportunities as well.
It’s worth noting that Antelope Enterprise as a whole is the parent company to both Chengdu Future Talented Management and Consulting as well as Antelope Holdings. These subsidiaries provide fintech solutions using novel blockchain technology and other financial solutions.
Similar to SOS, we see that AEHL is quite broad and spread out in the way it operates. However, this broadness could be a value point for some investors to consider. And, with the growing popularity of blockchain and anything relating to it, AEHL stock could be worth keeping an eye on in the near future. Considering all of this, is Antelope Enterprise Holdings Ltd. on your list of penny stocks for August 2021?
Which Robinhood Penny Stocks Are You Watching Right Now?
If you’re looking for penny stocks on Robinhood, there’s no better time to start than now. With so many small-caps to choose from, making the decision all comes down to what type of trader you are, and what you’re looking for in an investment.
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However, it’s important to consider that the penny stocks that are on Robinhood, can be more volatile than most. But, this is something that can be used as an advantage if you have the right tools. Considering this, which Robinhood penny stocks are you watching right now?
