Stock Screener


Stocks Under $1

Best penny stocks under $1 for 2023 - Find a list of top penny stocks to trade for May. This penny stocks list is updated daily to search for top gainers and losers of the day. This list includes stocks under $1 on Robinhood that you can trade with and are all listed on NYSE and NASDAQ, unlike OTCBB stocks in which you cannot trade with the Robinhood app.




Last updated: May 26, 2023

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Symbol Chart Open High Low Close Volume % Change Stock Predictions
VSTM 0.50 1.21 0.46 1.01 83477500 124.44% VSTM Stock Predictions
PRST 2.19 4.00 2.13 3.59 10727600 63.93% PRST Stock Predictions
SFR 0.39 0.43 0.30 0.32 57025300 60.00% SFR Stock Predictions
ALAR 2.40 3.77 2.40 3.15 8040200 45.83% ALAR Stock Predictions
PRSO 0.48 0.75 0.46 0.69 2698400 40.82% PRSO Stock Predictions
ANNX 2.10 2.85 2.09 2.85 6459700 35.71% ANNX Stock Predictions
RGTI 0.81 1.11 0.76 1.07 5744800 33.75% RGTI Stock Predictions
QBTS 1.21 1.67 1.15 1.67 16815800 33.60% QBTS Stock Predictions
TCRX 2.00 3.28 1.96 3.19 4417500 31.28% TCRX Stock Predictions
IRNT 0.19 0.27 0.19 0.26 8594100 30.00% IRNT Stock Predictions
TLS 2.61 3.36 2.61 3.32 2037100 27.20% TLS Stock Predictions
EFTR 0.72 0.74 0.57 0.66 32698500 24.53% EFTR Stock Predictions
SIFY 1.30 1.61 1.27 1.58 559900 22.48% SIFY Stock Predictions
ERNA 2.02 2.92 1.94 2.32 699800 21.47% ERNA Stock Predictions
ARQQ 1.18 1.36 1.12 1.36 3763200 21.43% ARQQ Stock Predictions
MFH 2.20 2.46 2.10 2.32 383100 20.21% MFH Stock Predictions
ONFO 1.84 2.40 1.34 1.40 73841000 19.66% ONFO Stock Predictions
VIRI 1.23 1.48 1.23 1.44 1430400 19.01% VIRI Stock Predictions
TMPO 0.27 0.32 0.27 0.32 642300 18.52% TMPO Stock Predictions
QMCO 1.04 1.20 1.04 1.17 791200 17.00% QMCO Stock Predictions
XELA 4.03 4.88 4.03 4.68 1899000 17.00% XELA Stock Predictions
ACRX 1.00 1.25 1.00 1.11 472300 16.84% ACRX Stock Predictions
SNMP 0.06 0.07 0.06 0.07 1378100 16.67% SNMP Stock Predictions
EVLO 0.13 0.15 0.13 0.15 1094900 15.38% EVLO Stock Predictions
QH 2.00 2.19 1.76 1.92 4768900 14.29% QH Stock Predictions
EGHT 3.65 4.28 3.59 4.12 4603200 12.57% EGHT Stock Predictions
FBIO 0.49 0.56 0.49 0.55 1257400 12.24% FBIO Stock Predictions
SOND 0.47 0.56 0.46 0.56 1684600 12.00% SOND Stock Predictions
AKTX 0.17 0.20 0.17 0.19 369600 11.76% AKTX Stock Predictions
ANGN 0.99 0.99 0.87 0.95 722100 11.76% ANGN Stock Predictions
ENVB 3.76 4.62 3.76 4.32 728800 11.63% ENVB Stock Predictions
BTBT 2.49 2.89 2.49 2.77 5403500 11.24% BTBT Stock Predictions
EEIQ 2.15 2.73 2.15 2.68 364000 11.20% EEIQ Stock Predictions
ARVL 3.46 4.02 3.20 3.80 1150500 10.79% ARVL Stock Predictions
GNS 0.75 0.85 0.73 0.83 1028800 10.67% GNS Stock Predictions
CGEN 1.00 1.18 0.97 1.06 2797400 10.42% CGEN Stock Predictions
CTV 1.24 1.32 1.18 1.32 1185700 10.00% CTV Stock Predictions
ONCR 0.23 0.23 0.19 0.22 7998600 10.00% ONCR Stock Predictions
RCRT 0.20 0.23 0.20 0.22 358100 10.00% RCRT Stock Predictions
COMM 4.07 4.47 4.07 4.45 2451000 9.88% COMM Stock Predictions
LXRX 3.06 3.24 2.94 3.18 5902900 9.66% LXRX Stock Predictions
OTLK 1.41 1.49 1.35 1.48 568000 9.63% OTLK Stock Predictions
TUYA 1.78 1.97 1.78 1.94 576700 9.60% TUYA Stock Predictions
AXTI 3.34 3.71 3.32 3.66 328700 9.58% AXTI Stock Predictions
SURF 0.73 0.83 0.72 0.81 331200 9.46% SURF Stock Predictions
MARK 1.10 1.21 1.10 1.20 414800 9.09% MARK Stock Predictions
MVIS 3.69 4.24 3.69 4.05 4956900 8.87% MVIS Stock Predictions
MRIN 0.68 0.80 0.66 0.74 517100 8.82% MRIN Stock Predictions
GOL 3.16 3.37 3.14 3.34 1003300 8.79% GOL Stock Predictions
BVS 2.57 2.91 2.52 2.86 705300 8.75% BVS Stock Predictions
KOPN 1.62 1.76 1.58 1.74 1308900 8.75% KOPN Stock Predictions
MMAT 0.24 0.26 0.23 0.25 4292700 8.70% MMAT Stock Predictions
SHFS 0.46 0.51 0.46 0.50 612900 8.70% SHFS Stock Predictions
INAB 2.58 2.95 2.58 2.81 302400 8.49% INAB Stock Predictions
LTCH 0.80 0.96 0.76 0.92 1180400 8.24% LTCH Stock Predictions
ORMP 3.80 4.05 3.65 3.96 633500 8.20% ORMP Stock Predictions
DCFC 1.11 1.21 1.10 1.19 763300 8.18% DCFC Stock Predictions
ADN 1.11 1.13 1.00 1.06 862500 8.16% ADN Stock Predictions
ATTO 1.39 1.46 1.20 1.46 848800 8.15% ATTO Stock Predictions
APGN 0.48 0.58 0.47 0.54 903300 8.00% APGN Stock Predictions
RXT 1.25 1.41 1.22 1.37 1738900 7.87% RXT Stock Predictions
NVOS 0.13 0.14 0.13 0.14 5700000 7.69% NVOS Stock Predictions
PGY 1.05 1.17 1.03 1.13 3200500 7.62% PGY Stock Predictions
GETR 0.57 0.60 0.55 0.57 932300 7.55% GETR Stock Predictions
SONN 0.43 0.49 0.36 0.43 13610700 7.50% SONN Stock Predictions
VERI 3.75 4.18 3.72 4.02 532400 7.49% VERI Stock Predictions
GOTU 2.45 2.58 2.41 2.49 2953500 7.33% GOTU Stock Predictions
CYTO 0.82 0.90 0.80 0.88 782500 7.32% CYTO Stock Predictions
OMH 4.48 5.07 4.33 4.74 1329800 7.24% OMH Stock Predictions
OCUP 3.65 4.11 3.61 3.89 424900 7.16% OCUP Stock Predictions
ATER 0.56 0.60 0.56 0.60 835300 7.14% ATER Stock Predictions
HUT 1.88 2.00 1.87 1.97 6127000 7.07% HUT Stock Predictions
REKR 1.35 1.50 1.32 1.38 485800 6.98% REKR Stock Predictions
CLPS 1.20 1.34 1.15 1.23 1004400 6.96% CLPS Stock Predictions
DOMA 0.29 0.31 0.29 0.31 402500 6.90% DOMA Stock Predictions
ATUS 2.36 2.50 2.32 2.50 4051300 6.84% ATUS Stock Predictions
BZUN 3.86 4.18 3.85 4.10 405700 6.77% BZUN Stock Predictions
IBRX 2.40 2.57 2.35 2.54 2352600 6.72% IBRX Stock Predictions
CYXT 0.16 0.18 0.15 0.16 2946300 6.67% CYXT Stock Predictions
LYRA 2.70 2.73 2.36 2.59 1226200 6.58% LYRA Stock Predictions
TRVN 1.08 1.17 1.07 1.15 308400 6.48% TRVN Stock Predictions
SMMT 1.58 1.67 1.58 1.65 779400 6.45% SMMT Stock Predictions
EVC 4.19 4.42 4.08 4.38 692300 6.31% EVC Stock Predictions
CDTX 1.30 1.36 1.29 1.36 905400 6.25% CDTX Stock Predictions
ABSI 1.61 1.77 1.58 1.71 548600 6.21% ABSI Stock Predictions
GRCL 2.83 2.86 2.69 2.80 326300 6.06% GRCL Stock Predictions
BON 0.66 0.80 0.63 0.70 639800 6.06% BON Stock Predictions
AKTS 2.82 3.09 2.82 3.01 330700 5.99% AKTS Stock Predictions
HCDI 3.74 4.11 3.55 3.96 411900 5.88% HCDI Stock Predictions
SEV 0.17 0.19 0.17 0.18 583700 5.88% SEV Stock Predictions
IHRT 2.30 2.42 2.21 2.39 613300 5.75% IHRT Stock Predictions
SY 2.19 2.24 2.18 2.21 388100 5.74% SY Stock Predictions
MNMD 3.31 3.58 3.31 3.54 360100 5.67% MNMD Stock Predictions
YSG 0.91 0.95 0.88 0.94 860500 5.62% YSG Stock Predictions
DSX 3.73 3.82 3.70 3.78 716700 5.59% DSX Stock Predictions
AREB 0.20 0.21 0.18 0.19 1245500 5.56% AREB Stock Predictions
EFSH 0.37 0.40 0.35 0.38 360600 5.56% EFSH Stock Predictions
HGBL 3.61 3.81 3.57 3.81 319200 5.54% HGBL Stock Predictions
KZR 2.68 2.90 2.66 2.86 756000 5.54% KZR Stock Predictions
ACHR 2.95 3.13 2.91 3.06 2506700 5.52% ACHR Stock Predictions

How to Trade Stocks Under $1

Any stock trading under $1 is considered a penny stock. There are two kinds of penny stocks that are trading under $1. Those that trade on regular stock exchanges such as the NASDAQ, NYSE, and AMEX, and then the ones that are trading on the OTCBB market.

The ones that are trading on the regular exchanges are highly regulated and therefore much safer than the ones that are trading on the OTC market.

To trade stocks under $1, we must understand why stocks are trading below $1 per share. The reason is simple, most stocks that are trading under $1 are either having temporary financial difficulties or struggling to survive. There are very few companies with competitive products, making good money, and trading below $1 per share. The market is always right, so to invest in stocks under $1 in the long term is a very risky bet.

However, there is still money to be made when we trade stocks under $1 for the short term instead of investing in the company for the long term. We want to buy a penny stock and sell it within 10 days and try to profit from the price fluctuation of these 10 days. Penny stocks are volatile, so while it is easy to make a quick 20% gain on a trade, it is equally easy to lose 20% on a trade.

To trade stocks under $1 successfully, there are three skills that every trader should learn, mental discipline, a penny stock strategy, and trading rules.



Penny Stock Strategies

Our penny stock strategy is a simple one. You can adjust or modify it for your own needs.

We are looking for stocks that made big moves recently and then decline sharply and are approaching the previous support level.

These stocks have the potential to rally again in the near future, although they may not reach their previous peak, substantial money can still be made trading these stocks.

We will add a stock to our penny stocks to watch list if it meets the following criteria.

Penny stock criteria

  1. A stock must rise over 80% or more in a day or across multiple consecutive days, with at least a 30% rise on a single day.
  2. The day where the stock spikes should have much more volume than the average trading volume of the stock
  3. The stock is falling over 60% from the peak intraday high, or 40% from the peak closing price with very low volume.
  4. We are looking for stocks that are falling and are approaching the previous low, we can only buy a stock when it is within 10% from the previous support when our stop loss is 10%. The closer the price is to the support, the better because then we can set smaller stop losses. In other words, we can buy the stock when it is only 5% from the support, but we can't buy a stock when it is 20% away from the support.

Profit Target
Set a target price of 30%, and you can adjust this number based on your own trades.

Stop Loss & Time Exit

  1. Set 10% stop loss
  2. Set time exit of 10 days, if a stock didn't make any move in 10 days, and did not hit our stop loss or target price, we will exit the trade.

To learn more about this strategy and get all the details, read the article How to Buy Penny Stocks.





How to Trade Penny Stocks

Following are some examples of how to select winning stocks using our penny stock strategy.

On June 1, AESE was trading at a peak of $5.94 which is over a 300% gain from the closing pricing two days earlier. In addition, the stock went up with huge volume, almost 80 million shares were traded that day which is much larger than the average volume of 100,000 prior to June 1. The stock then declined to a low of $1.96 in about 10 trading sessions.



Following our trading system above, we would have added the stock to our watchlist when the stock declines 60% from the 6/1 intraday high of $5.94. The technical setup looks good because the stock is approaching the previous support which is $1.83 from May 28's closing price.

  • Assume we buy the stock when it was 9% from the support which happened on 6/17, which makes our entry price $2.01.
  • Set stop loss of 10% which makes our stop-loss price of $1.81
  • Set profit target of 30% which makes our exit price of $2.61

The stock hit a low of $1.96, so it didn't hit our stop loss and the stock gaped up on June 18 at a price of $3.26. If we sell it at the open, we would have made a profit of 62% the next day even though our profit target was only 30%.

Another recent success example is BYFC. The stock hit a new high of $7.23 on June 19, which is over 400% gain from the closing price two days ago. The stock spiked over 150% on a single day with a volume of over 170 million which is much higher than the normal trading volume for the stock. It then retrieves over 65% with light volume, and that's when we add the stock to our watchlist.

However, we won't buy the stock until the price is within 10% of the previous support or $1.7. In other words, if our stop loss is 10%, we want to buy at a price so that it doesn't hit our stop loss at the support.



  • Assume we buy this stock at the price of around $1.82 which is about 7% of the support of $1.7. We would have bought the stock on June 26.
  • Set stop loss of $1.64 which is 10% from our entry price.
  • Set profit target of 30% or $2.5

The stock gaped up two days later at $3.16. We would have made a profit of 73% on this trade should we follow our strategy.

To learn more about this strategy, read penny stock strategies.





Recent Winners

Following the penny stock trading strategies layout above, here are a few recent winners, IGC, MOGU, NTN, and MPT. Please note none of the penny stocks are meant to behold for the long term.

Once a stock pops and hits our target, we should sell it right away because there is a good chance that the stock will dip again the next day. We can't afford to miss any chance to exit a profitable trade. I always set a GTC (good till canceled) limit order to sell just in case.

Sometimes, I adjust the price of my limit orders intraday when the trade is already working in our favor. I use a mental stop-loss order for my losing trades.



Mental Discipline

To gain an advantage in trading penny stocks, a trader must study technical analysis and stock chart patterns, and develop the discipline that is needed to succeed in penny stocks trading. Remember, in order for a trader to make money on trade, another trader must be losing by taking on the opposite side of that trade. Nobody wants to lose money in the market, yet most people who trade loses.

Among the ones who lose money, many are very intelligent in their own fields, such as lawyers, doctors, engineers, and others. The key to winning in the stock market has nothing to do with intelligence or your education level. It is about how much time you dedicated to studying the market and yourself. Studying the market is obvious, but studying yourself might not be obvious.

Most beginners never realized trading psychology is more important than any tool, method, or trading system you have. In order to beat the market consistently, you need to control your emotions and have the proper trading psychology to make money in the stock market.

Traders without discipline may be able to make a few profitable trades following certain stock chart patterns, but they will eventually give it all back plus some more. This happens frequently to traders who have ego problems. They want to brag to their friends and families about their trades, and their stock-picking skills. Whenever they are in a losing position, they just allow the losses to get bigger and bigger until it crushes their whole portfolio.

Two traders who follow the exact same strategy may produce dramatically different results. To improve your trading results, you must know your inner self and upgrade as you gain more experience.





Penny Stock Rules

You don't need a complicated trading system, method, or strategies to make money in stocks. However, you need to be able to develop the mental attitude and discipline to follow through with your trades and the rules that you set along the way.

Following are a few basic rules that you need to follow before you put on any trade.

  1. Stop Loss - You must have a stop loss for all your trades. I personally use a 10-12% stop loss for penny stocks trading because low-price stocks are more volatile than regular stocks. You can use a small stop loss if you want, but we don't recommend anything higher than 12%. Once your stop-loss is hit, exit the trade no matter what the market tells you.
  2. Profit Target - Set a maximum profit target for your trades. You can set a profit target of 30%, but if a trade doesn't feel right, you can always exit early.
  3. Time Stop - If a trade doesn't move in 10 trading days, you should exit the trade no matter what. The longer we stay on a trade, the riskier it gets. As we stated above, most low-price stocks tend to go bankrupt in the long run.
  4. Never risk more than 5% of your total portfolio on any trade.
  5. Take a break from the market if you are experiencing a bad day, week, or month.
  6. First survive, then thrive, which means you need to first learn to cut your losses short. You can't go broke with small losses. Most traders got wiped out because they were taking too much risk and had no stop loss.
  7. Focus on becoming a better trader instead of money. I know, I know, the goal of every trader is to make money. But that's the primary reason why most traders go broke. You should focus on being disciplined and follow your rules all the time, and money will come naturally.
  8. Be patient - If the patterns that your strategy requires don't show up, be patient and wait. Do not force a trade because you feel bored. Depending on the market conditions, sometimes your pattern just won't show up in a long time.
  9. Focus on the pattern - Based your trading decision on the patterns, and not how much money you want to make or lose from a trade.
  10. Add your own set of rules as you gain more experience.


How to Find Stocks Under $1

You can use the penny stock search, or best penny stocks to find low price penny stocks with a volume filter. You can also use the Top 10 Penny Stocks to get trading ideas.



Final Words

The examples we showed above were winning trades. But you will find yourself with many unsuccessful trades, either the stock hits your stop loss or fails to make a move before your time exit. Do not let a 10% loss be turned into a 50% loss or even bigger loss.

Trading is not science, a lot of times we will miss a potentially profitable trade by placing our entry price only a few cents too low. Other times, we may set our stop loss too tight and see a stock rebound right after our stop loss is hit. There is no need to kick yourself or be emotional when that happens. Missing out is part of the game, and you will just have to learn to live with that.

The hardest part of trading is not the time it takes to develop a winning strategy, it is the time that it takes to develop a winning attitude. It is easy to study stock charts and technical patterns to come up with a pattern that works, but it is ten times harder to take a loss when the pattern fails on some trades.

Have a plan before you enter a trade and follow your buying and selling rules. You can adjust and optimize a trading system and strategy as you gain more experience. However, one thing you should never change is the stop loss and time loss. Once your stop loss or time loss is hit, exit the trade.

Trade with logic, not with your emotions. No matter what or how you feel, the market won't respond to your feelings or emotions. It doesn't care if you are getting hurt or crushed. Therefore, you must develop the mental discipline that is required for success in trading the stock market.

Always remember our goal is to first protect our capital and then profit. We don't want to take excessive risks in any trade. Being emotionless is important in trading, and the only time that you can be emotionless is when you are trading with the money that you can afford to lose. Do not take out a loan or borrow money to trade. It is risky enough to trade stocks, and it is, even more, riskier to trade penny stocks.




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