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Hot Penny Stocks: CXAI INVO JAGX CLNN DFLI

Hot Penny Stocks: CXAI INVO JAGX CLNN DFLI
Written by
Alex Carlson
Published on
April 16, 2024
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InsidrFinancial

In this video, Insider Financial recaps Tuesday's small cap action and covers our trading plan for the rest of the week.

This video covers WISA, KAVL, SXTC, DFLI, DJT, DXYZ, CLNN, JAGX, INVO, CXAI.

Video Summary

DFLI had earnings last night. Green candle. Closed up 36% today.

Two names that I warned everyone about 2 weeks ago are DJT and DXYZ. I said trade them, don’t own them. Play the momentum, not red. These are text book examples of when to get out. They will pump again, but have to be patient. Keep them on your radar screen and play the technicals. I will be doing more videos and maybe even a livestream on how I do this in my own trading.

DJT I said $50 was make or break level. Below we would target $40 and today we took that level out.

DXYZ was completely detached from reality. IPO was something like $4.

Our favorite pumper Mr Zack Morris is back. Yesterday it was KAVL and today it’s SXTC.

CLNN rallied 52% in post-market trading Tuesday after the company presented positive Phase 2 data for its drug CNM-Au8 in the treatment of multiple sclerosis, or MS.

JAGX rallied 50% Tuesday after the drugmaker said it signed a five-year exclusive licensing deal with Venture Life Group to market the cancer-treatment support product Gelclair in the U.S.

INVO earnings after the bell. Just a 2.59m float. Look at the revenue growth for just a $2m market cap.

CXAI is also out with news tonight. The company announced record double-digit Annual Recurring Revenue (ARR) growth in the fourth quarter of 2023 and 24% ARR growth for the full year 2023.

Bottom Line

As we keep saying, there are always opportunities in the markets, and it’s our job to find winning stocks to trade. Huge gains can be made in such a short amount of time.

It’s essential to look for stocks that have yet to run. There are plenty of opportunities, and we look at hundreds of stocks weekly for our subscribers.

Remember, all it takes is one or two to become a winner, and you’ve crushed the market indices (and Jim Cramer) for the year.

Good luck to all (except the shorts and Cramer)!

WHEN INSIDER FINANCIAL HAS A NEW COMPANY TO RESEARCH, IT IS IMPORTANT TO PAY ATTENTION. AFTER ALL, OUR FREE NEWSLETTER PROFILED MANY TRIPLE-DIGIT WINNERS FOR SUBSCRIBERS. WE ALWAYS ARE LOOKING FOR MOMENTUM BEFORE IT HAPPENS!

Disclosure: ONE22 MEDIA, LLC HAS BEEN COMPENSATED A FEE OF TEN THOUSAND  USD BY A THIRD PARTY, SICA MEDIA, LLC FOR A ONE DAY WISA PROFILE, WHICH HAS NOW EXPIRED. O22 HAS PREVIOUSLY BEEN COMPENSATED A FEE OF TWELVE THOUSAND USD BY A THIRD PARTY, SICA MEDIA, LLC FOR A ONE DAY WISA PROFILE. Insider Financial is not an investment advisor; this article/video does not provide investment advice. Always do your research, make your own investment decisions, or consult with your nearest financial advisor. This article/video is not a solicitation or recommendation to buy, sell, or hold securities. This article/video is our opinion, is meant for informational and educational purposes only, and does not provide investment advice. Past performance is not indicative of future performance.

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