5 ChatGPT Penny Stock Picks Right Now

This article presents an overview of 5 ChatGPT Penny Stock Picks Right Now. For a detailed overview of such stocks read our article, 12 ChatGPT Penny Stock Picks Right Now.

5. Pulse Biosciences, Inc. (NASDAQ:PLSE)

Number of Hedge Fund Investors: 3

Pulse Biosciences, Inc. (NASDAQ:PLSE) is using its exclusive technologies to treat heart diseases. The stock is up 33% over the past one year. Earlier this month Pulse Biosciences, Inc. (NASDAQ:PLSE) filed prospectus to sell subscription rights to purchase up to 6 million units for  about $60 million.

4. Aurora Cannabis Inc. (NASDAQ:ACB)

Number of Hedge Fund Investors: 6

Canadian-based cannabis company Aurora Cannabis Inc. (NASDAQ:ACB) is one of the penny stocks recommended by ChatGPT. The AI chatbot said Aurora Cannabis Inc. (NASDAQ:ACB) could benefit from “continued” growth in the cannabis industry. The stock has gained about 24% so far this year.

3. Ocugen, Inc. (NASDAQ:OCGN)

Number of Hedge Fund Investors: 6

Ocugen, Inc. (NASDAQ:OCGN) makes gene and cell therapies for different diseases. The stock has gained about 140% so far this year. Earlier this month, the FDA cleared Ocugen, Inc.’s (NASDAQ:OCGN) investigational new drug amendment to begin a late-stage clinical trial of its gene therapy product candidate.

A total of six hedge funds tracked by Insider Monkey reported owning stakes in Ocugen, Inc. (NASDAQ:OCGN) as of the end of the fourth quarter of 2023.

2. Senseonics Holdings, Inc. (NYSE:SENS)

Number of Hedge Fund Investors: 8

Glucose monitoring systems company Senseonics Holdings, Inc. (NYSE:SENS) ranks second in our list of the penny stock picks by ChatGPT. In February, Senseonics Holdings, Inc. (NYSE:SENS) posted fourth quarter results. Adjusted EPS in the quarter came in at -$0.03 beating estimates by $0.01. Revenue in the period jumped 42% year over year to $8 million, beating estimates by $0.38 million.

1. Nano Dimension Ltd – ADR (NASDAQ:NNDM)

Number of Hedge Fund Investors: 12

Additive manufacturing solutions and 3D printing company Nano Dimension Ltd – ADR (NASDAQ:NNDM) is one of ChatGPT penny stock picks. Earlier this month Nano Dimension Ltd – ADR (NASDAQ:NNDM) announced unaudited approximated consolidated revenues of $13.2 million for the first quarter of 2024. For 2024, Nano Dimension Ltd – ADR (NASDAQ:NNDM) targets to cut its cash burn by 75% to 80% as compared to 2023.

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