Best Robinhood Penny Stocks to Trade Now

robinhood penny stocks

Robinhood penny stocks trade below $5 per share on the Robinhood mobile brokerage platform. Penny stocks have the potential of creating significant returns for day traders considering their affordability. The returns can be generated within a short time, which is why penny stocks are becoming increasingly popular among day traders—although they do require constant babysitting.

The advantage for traders on the Robinhood platform is that they trade 100% free without any commissions, nor a minimum balance requirement. However, it is important to note that these penny stocks lack liquidity because they are infrequently traded, therefore making them susceptible to volatility.

Here are three Robinhood penny stocks to keep an eye on:

Best Robinhood Penny Stocks to Trade Now: GoPro Inc. (NASDAQ:GPRO)

robinhood penny stocks

Since mid-March, GoPro stock has gained 60%. Last week, the company withdrew its financial guidance in the wake of the COVID-19 pandemic. The company is also reducing its workforce by 20%, and changing its business model to direct-to-consumer in what it hopes will be a clear path towards profitability. The motion camera maker has been hit during this crisis as most people across the globe are stuck at home because of COVID-19 restrictions.

>> 4 Biotech Penny Stocks Up Big in April: Will the Gains Continue?

In Q1, the company reportedly sold around 700,000 cameras, missing on its target guidance of between 850,000 and 900,000 that management had estimated in February. Its revenue is expected to be approximately $119 million, falling short of the guidance range of $140 million to $160 million. Adjusted earnings per share loss will be around $0.30.

Best Robinhood Penny Stocks to Trade Now: Vislink Technologies Inc. (NASDAQ:VISL)

Over the past week, Vislink Technologies stock has gained around 75% in value. The company deals with the development and distribution of various advanced communication products and solutions. For over 50 years, the company has dominated the industry with its innovative products and turnkey solutions that offer reliable connectivity to the military, live production, and government sectors in some of the remotest places across the world.

Recently, Vislink announced that it had received an order of $180,000 for the deployment of satellite communication equipment in Asia. Vislink CEO Carleton Miller indicated that the company’s Satcom solutions have continued to gain robust traction in various international markets. The Satcom system offers reliable, immediate, and secure communications to clients in tough environments where there is no prepositioned infrastructure, or it is unreliable. The company’s product range entails flyaway terminals, man-portable units, vehicle-mounted systems, and other related modules meant to enhance performance and optimize bandwidth.

Best Robinhood Penny Stocks to Trade Now: Verastem Inc. (NASDAQ:VSTM)

robinhood penny stocks

Verastem stock took a hit this week, plunging 40% on Monday after it released data from its study investigating its RAF/MEK inhibitor in combination with FAK inhibitor. The company announced data from the ongoing Phase 1 study on VS-6766, which is the RAF/MEK inhibitor combined with defactinib, the FAK Inhibitor, in the treatment of patients with KRAS mutated solid tumors.

There was an overall response rate of 67% in four out of six patients with low-grade serous ovarian cancer who were treated for 20.5 months. On the other hand, in a cohort of 10 patients with non-small lung cancer, one patient attained partial response, with another eight achieving disease control. Around 70% continued receiving the treatment for 12 weeks, while around 30% continued for around 24 weeks. The combination of VS-6766 monotherapy with defactinib demonstrated ORR of 57% in KRAS non-small cell lung cancer.

Bottom Line

Robinhood penny stocks can generate significant returns within a short period for day traders. However, it is important to remember that these stocks are susceptible to volatile markets, and there is a possibility of losing your investment.

>> Read More Penny Stock News

>> Read More Robinhood News

Featured image: Pixabay

Please See Disclaimer

If You Liked This Article Click To Share

Risks and Disclosure:

Information provided in this correspondence is intended solely for informational purposes and is obtained from sources believed to be reliable. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained on this website is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between any predictions made or suggested and the actual results.

All statements and opinions expressed are the opinions of the author and not of or its officers. The author is wholly responsible for the validity of all statements. was not involved in any aspect of the article preparation. The author was not paid by Market Jar Media Inc for this article. The author did not pay to publish or syndicate this article.

This article does not constitute as investment advice. Each reader is encouraged to consult with his or her individual financial advisor; any and all actions taken by a reader as a result of the information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to's terms of use and full legal disclaimer. This article is in no way a solicitation for investment. does not render general or specific investment advice. Any information on should not be considered a recommendation to buy or sell any security. does not endorse or recommend the business, products, services or securities of any company mentioned on

Futures, stocks and options trading involves substantial risk of loss and is not suitable for every investor. The valuation of futures, stocks, and options may fluctuate, and, as a result, clients may lose more than their original investment and possibly their entire investment. Any content on this website should not be relied upon as advice or construed as providing recommendations of any kind. It is your responsibility to confirm and decide which trades to make. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.

Please see our full disclaimer here for additional details before making any investment decisions.