10 Best Rising Penny Stocks to Buy According to Analysts

2. Microbot Medical Inc. (NASDAQ:MBOT)

Price: $2.55

1-Month Performance: 53.61%

Analyst Upside Potential: 252.94%

Number of Hedge Fund Holders: 1

Microbot Medical Inc. (NASDAQ:MBOT) is a preclinical medical device company that specializes in the design and development of robotic systems for minimally invasive endoluminal surgery. Its key products include Liberty Endovascular Robotic Surgical System, which is a disposable single-use robotic system for endovascular procedures, and NovaCross, which is a platform for intraluminal revascularization devices. The company is currently in the pre-commercial stage advancing its technology for regulatory approvals and market launches.

On April 9, Microbot Medical Inc. (NASDAQ:MBOT) presented clinical data for Liberty Endovascular Robotic Surgical System, which showed 100% success in robotic navigation and a 92% reduction in radiation exposure with no adverse events. The result shows that the system is feasible and safe for medical procedures. It is one of the best-rising penny stocks to buy according to analysts as analysts expect more than 252% upside from the current levels.