AIFF stock price gained 0.7% to $4.84, supported by upbeat investor sentiment in Nasdaq-listed AI firms. Options market activity suggests traders are positioning for a possible 5% swing over the next week, aligning with sector volatility trends. We sifted through financial media reports and stock screeners to compile a list of the top AI penny stocks that were trading under $5 as of March 24. We then selected the 10 AI stocks that were the most popular among elite hedge funds and that analysts were bullish on. The stocks are ranked in ascending order of the number of hedge funds that have stakes in them, as of Q4 2024. The hedge fund data was sourced from Insider Monkey’s database which tracks the moves of over 900 elite money managers. The Penny Stock Screener helps investors scan stocks based on numerous parameters, including Sector, Price Target Upside, Smart Score, Analyst Consensus, Dollar Volume, and Price Change. AIFF stock price eased to $4.79 in afternoon trade despite sector news highlighting record venture funding for AI fintech startups. Analysts argue this underlying trend could lift valuations in the medium term.
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