00:00folks you better buckle up in today's
00:01video we are going to go through the top
00:03five penny stocks for extreme growth
00:06through April 2024 now each of the
00:08lovely stocks on this list are solid
00:10buys however we're going to go through
00:11the why fair prices to pay solid
00:13strategies and how to take advantage and
00:15each of the tickers on this list also
00:17have real massive growth behind their
00:18businesses and or a clear upcoming
00:20catalyst so they aren't baseless hype
00:22stocks and we're going to get to work
00:24but first the only thing I ask of you in
00:26return for all the work that goes into
00:27making a video like this is that you hit
00:28that ravishing like button turn on the
00:30notifications and subscribe if you find
00:32Value in the content and as always never
00:34buy a stock just because we talk about
00:36it in a video you must do your own
00:37research and come to your own
00:38conclusions if you are the one taking
00:40the risk you got to be the one doing the
00:41ultimate Frisk first let's go ahead and
00:43start with Market context so markets
00:45have been a bit more slow as of late and
00:47tested a downtrend the last week or so
00:49but overall markets are still hot and
00:50headed upward as Traders it is our job
00:53to acknowledge Trends and the trend
00:55continues to be to the upside remember
00:57the trend is your friend until the trend
00:58bends and then that trend is no longer
01:00your friend a trend Bend is when you get
01:02a 10% dip from highs until then it's our
01:05job as traders to not assume a trend
01:07will break but just to strategically
01:09enjoy the trend with clear and concrete
01:11stop losses you and I both know that
01:13there have been no shortage of people
01:14who have been short the S&P 500 since
01:16the.com bust and gone on CNBC in
01:18Bloomberg every week virtue signaling
01:20about their short positions and how we
01:22are in a multi-generational bobble and
01:24sure they do often identify real issues
01:26excess money printing debt geopolitical
01:29problems but you you have to always
01:30remember that you can make money on
01:32whatever Trend you are given and just
01:34because you have a lot of massive
01:35downside risks doesn't mean that Trend
01:38to the upside won't continue to inflate
01:41a Trader only relies on a trend to make
01:43money and right now Trends are upward
01:45and will be until we get that
01:46statistically significant break of 10%
01:49now in terms of new predictions though
01:50analysts from Capital economics just
01:52predicted that quote the S&P 500 is set
01:54to SAR to 6,500 by the end of 2025
01:57implying a 26% increase from it current
02:00levels and the argument they're making
02:01is based on a combination of the FED
02:03lowering interest rates and the
02:04relatively low level of excess Cape
02:06yield when compared to previous Market
02:08tops if you pull up the S&P 500 excess
02:10Cape yield which is the cyclically
02:12adjusted price to earnings ratio well we
02:14are down here which is historically
02:15lower than the 2020 Heights and the 2008
02:17Heights and a lot of the other Heights
02:19throughout history now if you go and you
02:20look at the more traditional S&P 500 PE
02:22ratios which aren't cyclically adjusted
02:24you're still not super pricey I mean we
02:25were at 28.25 that's still a chunk below
02:292021 2020 Heights a lot below 2008
02:32Heights and below the Doom bubble but
02:33certainly it is on the high side when
02:35comparing today to pre easy money policy
02:37eras so what does this mean in effect
02:39well it means that if the economy just
02:40stays the same as it is today the
02:42government continues Printing and the
02:43FED goes through with the trade Cuts
02:45well you should continue to see
02:46ballooning evaluations in the overall
02:48uptrend that we are on sure you'll see
02:50some big sell-offs and attempted
02:51Corrections here and there but overall
02:53trend is upward as of right now and
02:55again as Traders it is our job to assume
02:56it will continue to be upward until you
02:58get that statistically significant
02:59breakdown throughout most of History
03:00many people make the mistake of assuming
03:02we are heading for a crash at every
03:04single down day or every single down
03:05couple of weeks but the truth is that
03:07the trend isn't over until it's over
03:09right and the vast majority of the time
03:11you were wrong if you bet on a trend
03:12change before it actually broke down a
03:15statistically significant amount and
03:16back to the capital economics thesis
03:18they said quote expect risky assets
03:20especially equities to continue to
03:21outperform Safe ones over the next
03:23couple of years as a bubble continues to
03:25inflate in the stock market and when
03:27you're talking about some of the more
03:28risky assets in the Equity space What
03:30are you looking at you're looking at the
03:31penny stocks you're looking at some of
03:33the hottest of the hot stocks in the
03:35market today and that's what leads us to
03:38today's main entree which are the top
03:40five penny stocks for April 2024 okay
03:42let's go ahead and start with number one
03:44OSS onstop systems One-Stop systems
03:47creates cuttingedge Computing equipment
03:49tailored for AI powered activities that
03:51need to operate in tough conditions like
03:53those found in defense oil fields mining
03:55SES self-driving cars and outdoor
03:57entertainment setups they make strong
03:59and durable servers devices that boost
04:01computing power storage units for lots
04:02of data and specialize software for
04:04managing and storing important
04:05information these products help in
04:07gathering AI data learning from it and
04:09making smart decisions on a large scale
04:11essentially OSS provides the tech
04:13backbone that allows AI to work
04:14efficiently outside the comfort of
04:16normal office settings helping machines
04:17learn and act smartly no matter where
04:19they are now reasons that made the list
04:21today well two weeks ago they announced
04:22they beat on EPs and revenue for Q4 of
04:242024 which I believe could be part of a
04:27broader turnaround in the company's
04:28finances and overall TR dor which could
04:30motivate the stock largely and
04:32aggressively to the upside I'd argue
04:34that the q1 report has a strong shot of
04:36being very very impressive with all the
04:38demand in the space right now and may
04:40just outpace the industry average as a
04:42whole given the hot AI Market we are
04:44currently in and the fact that this is a
04:46super small cap with a tiny valuation
04:48well it makes me think this is prone for
04:50more aggressive rallies and
04:51opportunities down the road their stock
04:53had a nice uptrend cycle earlier this
04:55year and has been discounted pretty
04:56largely from its Highs at 458 allowing
04:58for a pretty nice opportunity for a
05:00rebound so in my view watch for
05:02bottoming and then an next surge cycle
05:04the stock could easily climb well above
05:05$5 in the next Euphoria cycle which
05:08could just be a few weeks away number
05:09two nnx AKA Nano X Imaging limited so a
05:13couple months ago it was revealed that
05:14Nvidia had some investments in a select
05:16number of small cap companies and one of
05:18them was this one Nano X Imaging limited
05:20so what does this company actually do
05:22and why did the holy Invidia invest in
05:24it well thank you for asking this
05:26company is targeting the medical imaging
05:28sector with the AIM ofre inreasing the
05:30global accessibility and affordability
05:31of diagnostic services a considerable
05:33number of people worldwide do not have
05:35adequate access to essential diagnostic
05:37services often experiencing long wait
05:40times for Imaging scans and results and
05:42that's a big stinking problem because
05:43early detection is key in a lot of
05:46diseases and to mitigate this Nano X is
05:48working on creating an infrastructure
05:49for medical imaging that incorporates
05:51its digital mems Source technology
05:54alongside AI driven Solutions and
05:55teleradiology services aiming to provide
05:58comprehensive Imaging Solutions from
05:59start to finish these efforts are
06:01intended to facilitate the early
06:02detection of chronic diseases and
06:04support Health initiatives globally key
06:06products of nanox include the Nano x.
06:08Arc which is a medical tomographic
06:11imaging system and the Nano x. Cloud a
06:13cloud-based platform offering imag
06:15reconstruction SAS building in a
06:16Marketplace to connect Imaging
06:18facilities with Radiologists furthermore
06:20the company is developing AI software
06:22for Imaging Solutions to assist in the
06:23identification of medical conditions
06:25such as osteoporosis and cardiovascular
06:27disease through the analysis of CT scan
06:29data okay but what about the results
06:31Charlie show me the money we care about
06:32helping people but we also want to help
06:34ourselves right well the company is
06:36still in the early stage and losing
06:37money but the company is seeing pretty
06:39damn dramatic improvements on net income
06:41which is up 80% year-over-year and net
06:43profit margin which is up 82% and while
06:45it did beat on EPS for Q4 it also missed
06:47on Revenue now q1 of 2024 was super
06:50super hot for AI companies and it's easy
06:52to see this company really blowing
06:53people away when reports start coming
06:55out for q1 but bigger picture this is
06:57not a financials play If you're looking
06:59for financials play this is just simply
07:01not it and you probably want to get out
07:02of the penny stock sector overall if
07:05you're looking for a financials play
07:06this in my view is an underlying asset
07:09Play N nox's products like Nano x. Arc
07:13distinguishes Itself by potentially
07:14lowering the cost and increasing the
07:16accessibility of Imaging products and
07:18services globally and This Promise of
07:20making Medical Imaging more affordable
07:22and accessible addresses a very very
07:24vastly unmet need particularly in some
07:26very big underserved regions throughout
07:28the globe back in February Nano X's AI
07:30imaging software Health FLD AI received
07:33FDA clearance which is a really really
07:34big deal and the average analyst price
07:36Target on this is $18 which represents
07:38some 70% of upside but I mean at the
07:40same time it doesn't have much coverage
07:42from other analysts throughout the
07:43market which means quite frankly there's
07:45a lot of people that are overlooking
07:47this company which means that once you
07:49start seeing more analysts covering it
07:50there could be some more inflowing into
07:52the stock and so overall while
07:53relatively young Nano X's innovative
07:55business model centered around its
07:57technology platform and services
07:58ecosystem presents pretty damn
08:00significant growth potential the
08:01company's efforts to commercialize its
08:03Imaging systems and expand its service
08:05offerings globally indicate a pretty
08:07clear and clever strategy for scaling
08:09its operations and achieving Financial
08:11growth down the road so I'd argue keep
08:12this on your radar it is easily a $20
08:15plus stock in the next Euphoria cycle
08:16okay number three soundtown or soundtown
08:18AI so soundtown AI is a company that
08:20specializes in voice Ai and speech
08:22recognition technology it has developed
08:24various Technologies including speech
08:25recognition natural language processing
08:28and sound recognition it's very very
08:30focused on natural speech recognition
08:32which is something that a lot of AI
08:34sound tools just haven't really gotten
08:36down the company's featured products
08:38include a voice AI developer platform
08:39soundtown chat Ai and a voice enabled
08:41digital assistant amongst others the
08:44company has found several key
08:45applications in several Industries such
08:46as Automotive where it became the first
08:48music recognition Service shipping in
08:50cars the company has evolved
08:51significantly over the years marking
08:53Milestones with its partnership with
08:54major Automotive Brands including again
08:56Hyandai but also Mercedes-Benz and Honda
08:58to provide voice inter interaction for
09:00their products using its Hound toi voice
09:01AI platform by 2016 SoundHound had
09:04amassed over 300 million users worldwide
09:06it went public in 2022 listed under the
09:08symbol sound on NASDAQ following a
09:10merger agreement and the company's
09:11mission is to make every product and
09:13service voice enabled and right now in
09:14terms of the stock price I mean sound is
09:16cooling down pretty aggressively from
09:17highs reached in mid-march at $105 and
09:20it's now been haved which makes it an
09:21ideal time to start paying attention to
09:23the stock NOW context here we originally
09:25called this a Buy in this cycle at $354
09:28and it ran to $10 54 over the coming
09:30weeks before it had this latest dip
09:32cycle and that's how you can expect this
09:34stock to trade massive Catalyst D4
09:36driven rallies and then big dumpy dumpo
09:38and then recycling back and forth
09:40soundtown AI is another example of an
09:42Nvidia buy and a company that is very
09:44very very very valuable inside
09:45technology the value of this company is
09:47what they own the patents they own and
09:49the technology and the Partnerships but
09:51again the financials I wouldn't say
09:53they're super duper exciting like most
09:55penny stocks on this list this company
09:56is really about what they own and or
09:59what they developed now I do think
10:00they're artificially getting beat down
10:01right now which is an opportunity and
10:03they're getting beat down right now
10:04because of what I see as a mostly bogus
10:06short seller report calling soundtown
10:08nothing but a cheeseburger AI now we
10:10know how short Sellers play they go very
10:12very aggressively short a stock and then
10:14they put out a bunch of negative press
10:16releases trying to get people to freak
10:17out about the stock and often times
10:19after the people are done freaking out
10:21these short sellers can cover their
10:22shorts profitably and then boom the
10:23stock price goes back up like nothing
10:25ever happened so I'd argue sound should
10:27be a top your penny stock watch list
10:29right now watch it sell off a little bit
10:30more but I believe you're going to see
10:31another bull cycle number four bbai Big
10:34Bear AI so bbai is a killer stock that
10:36just keeps coming down from Highs but it
10:38has a lot of upside just to get back to
10:39where it was during its previous
10:41Euphoria cycle at five bucks bbai is a
10:43company that specializes in AI power
10:45decision intelligent solutions the
10:47company provides a range of services
10:48including national security supply chain
10:50management and digital identity and
10:52biometric Solutions it is known for its
10:53capabilities in data ingestion data
10:55enrichment data processing artificial
10:58intelligence machine learning Predictive
10:59Analytics and predictive visualization
11:01these Services cater to various
11:03Industries including National Defense
11:05and intelligence agencies Border
11:06Protection Transportation Security
11:08manufacturing distribution and Logistics
11:10travel entertainment and tourism sectors
11:12BB's recent exciting activities include
11:15the completion of an acquisition of PR
11:17LLC from panum Ultimate Holdings and of
11:19the five analysts covering it the price
11:20Target averages at about four bucks a
11:22share now I know we've talked about bbai
11:24substantially in the past and it has
11:26continued going down quite frankly but
11:27as it's gone cheaper it's making more
11:29and more of an argument for a dip buy my
11:32thoughts well I'd say watch for more
11:33bottoming evidence and then watch for a
11:35little bit of an uptake and then watch
11:37the next momentum cycle play out it's
11:40just a matter of time in my opinion
11:41before you get that next Euphoria cycle
11:43number five Sofi so if there is one
11:44stock on this list to buy and hold and
11:46just forget about it it would be the F
11:47of the so Sly Sofi sofi's Evolution from
11:51a company primarily known for student
11:52loans to a comprehensive Financial
11:54Services fintech platform positions it
11:56as a serious Contender today for a dip B
11:59we've been talking about Sofi for years
12:01and by acquiring the bank Charter in
12:022022 Sofi has significantly Diversified
12:04its offerings this strategic positioning
12:06enabl Sofi to provide a wide array of
12:08financial services from high yield
12:10saving accounts to personal loans
12:12effectively becoming a One-Stop
12:14Financial shop for its users and I mean
12:15the results are pretty damn wild not
12:17only have members ballooned from just
12:18under 1 million members in q1 of 2020 to
12:227.5 million as of the last report but
12:24they're adjusted eitas ballooning as
12:26well products are ballooning usage
12:28across the board is ballooning and I
12:30believe that membership will continue
12:31exploding and that will continue
12:33motivating upward these numbers for
12:35nearly every segment of their business
12:37there's just so much cross selling
12:38potential here once you get a new member
12:39on board so anyways SOI in my view is
12:41easily a $15 plus stock by the end of
12:43the year and one that you want to keep a
12:45top your radar anyways that caps off
12:47today's video let us know your favorite
12:48penny stocks for April 2024 which one
12:50was your favorite on the list is there
12:51any that you didn't like let us know
12:52down below and in conclusion a quick
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