Are those Robinhood Small Cap Penny stocks worth it?

When looking for the best subtitles to buy, it’s easy to start by looking at some of the biggest winners. While this can be a good strategy from the start, it often doesn’t take into account other penny stocks which may not be as popular at the moment.

So, when building a penny stock watchlist, using all the research tools available to you will help make your penny stock list competitive even with the best traders.

So, as we move into the next week, it’s important to consider what’s going on in the world right now. And in 2021, there are a few things to look out for. First and foremost is the ongoing pandemic.

While things have eased considerably in the United States, Covid is still there. But, this opened the door for many penny stocks to reopen to see solid gains. In addition, many biotechnology penny stocks have also benefited greatly.

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Then we have the effects of the shortages of microprocessors around the world. This has resulted in a decrease in the supply of everything from electric vehicles to regular cars and tech products.

So while it’s not a complete list, it should be a great starting point for anyone looking to build a proper watchlist. With all of that in mind, let’s take a look at three Robinhood penny stocks to watch for next week.

3 Robinhood Penny stocks to watch out for

1. MICT Inc. (NASDAQ: MICT)
2. Sio Gene Therapies Inc. (NASDAQ: SIOX)
3. Creative Realities Inc. (NASDAQ: CREX)

1. MICT Inc. (NASDAQ: MICT)

On Friday May 21, MICT shares rose significantly. This is likely due to the fact that it will release its first quarter financial results on May 24 in pre-release. Often times, when a company announces that it will release financial data, its stock price can go up or down depending on investor sentiment. So before that, let’s take a look at what the company does.

MICT is a technology stock, working in several unique markets around the world. It operates through its subsidiaries, GFH Intermediate Holdings Ltd., several VIE structures and Micronet Ltd. GFH is a provider of proven technologies for use in the global FinTech market. Micronet Ltd. is a provider of telematics and commercial management of mobile resources or MRM services.

He works primarily in the United States and Europe, providing advanced IT solutions for fleet operators or those in the field. Just a few weeks ago, Micronet announced certification to operate its smart camera product on the T-Mobile global network.

“The certification of Micronet’s mobile smart camera to operate on T-Mobile’s network, which is one of the largest in the United States, is an important step forward for Micronet as it validates the technology with one of the main mobile network providers to the world.

MICT CEO, Darren Mercer

This is a big problem for investors and for the company. However, it also adds a layer of wide-scale adoption of Micronet technology. So, as an end-to-end cutting-edge technology company, MICT Inc. might be worth watching.

2. Sio Gene Therapies Inc. (NASDAQ: SIOX)

Stepping out of the pure-play tech market, Sio Gene Therapies is a leading science-based company working on the development of genetic drugs. These drugs include AV-based gene therapies for GM1 gangliosidosis and Tay-Sachs disease. They are rare, but very destructive diseases, with a great unmet clinical need.

The company says it is working to broaden the scope of its compounds to potentially treat Parkinson’s disease and other more common conditions. This could help bring its products to millions of people suffering from these diseases.

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A few weeks ago, Sio Gene Therapies announced the presentation of its new biomarker data from the study of AXO-AAV-GM1, a candidate for gene therapy by adeno-associated viral vector. These data were presented at the 24th Annual Meeting of the American Society of Gene & Cell Therapy.

“AAV9 is one of the best-studied vector systems currently in development. These new data on CSF biomarkers at 6 months are an important update to the growing body of evidence for AXO-AAV-GM1 where we now provide direct evidence of biodistribution and biochemical effect in the CNS at dose. the lowest, similar to what we saw previously. translational studies with natural animal models. ”

Gavin Corcoran, MD, R&D Director at Sio Gene Therapies

Due to this big job, it looks like Sio Gene Therapies might have an increased chance of seeing future momentum. Much will depend on the speed and scale of its marketing efforts. With that in mind, will SIOX stock be on your watch list?

3. Creative Realities Inc. (NASDAQ: CREX)

If you haven’t heard of Creative Realities Inc., you probably aren’t alone. And for this reason, let’s go into detail on what it does. Creative Realities is a technology company that strives to deliver omnichannel technologies that translate into better customer experiences. This includes products such as SaaS and support services in more than fifteen unique markets.

Some of them are automobiles, advertising, clothing, convenience stores, games, theater, etc. It operates primarily in North America, but the company says it has contracts in more than ten other countries as well. Earlier in the week, CREX released its first quarter financial statements for the period ended March 31, 2021.

“During the first quarter of 2021, CRI generated approximately $ 5 million in revenue and effectively achieved break-even operating results, which are in line with the expectations we communicated in our most recent call for results.

We generated net income during the period of $ 1.3 million and, consistent with the third and fourth quarters of 2020, we generated positive EBITDA and Adjusted EBITDA, underscoring our continued focus on cost control and income-generating activities.

CEO of Creative Realities Inc., Rick Mills

This is an exciting prospect for the company as profitability and consistent profitability are both hard to come by. With the pandemic slowing down in the number of cases, time will tell if Creative Realities can continue to grow its business. But for now, it looks like CREX is in a good financial position.

What Penny Stocks Are You Watching?

Finding the best penny stocks to watch on Robinhood or wherever you buy and sell stocks can be difficult. But, with the right tools at your disposal, like the right business training and knowledge, it can be much easier.

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With thousands of penny stocks to choose from, making a watch list will always be your best chance of seeing consistent success. And due to the volatility of the market right now, there are always opportunities to see gains (or losses). With that in mind, what penny stocks are you looking at?