These Tech Penny Stocks Could Really Take Off! 🚀

[Image](www.elitetrade.club) Dear Trader, Welcome to our brand-new Sunday Brief! Here are the stocks we're watching this week. These Tech Penny Stocks Could Really Take Off! Over the last year and a half, tech companies have been among the most popular on the market. This is because the tech sector offers a wide range of prospects that other industries generally lack, including artificial intelligence (AI). If you're looking for a way to grow your portfolio in the tech sector, check out our list of tech penny stocks to keep on your radar. Sponsored ["Boring Trade" Generates $185 Every Day. Like Clockwork.]( Forget cryptos, pot stocks, and other "shiny object" investments. Instead, you could collect an average of $185 every day of the year with this "boring" trade strategy Forbes magazine says is "like finding money in the street." In fact, I've used this strategy consistently to help grow my personal account from $50K (much more than I needed actually) to $5.3M! [For Full Details, Click Here...]( [Image](?awt_a=q9dU&awt_l=9uwww&awt_m=hQxLOGvgEttOLdU) Ideanomics (NASDAQ: IDEX) Although Ideanomics is best known as a financial technology firm based in New York, its electric vehicle division accounts for the majority of the company's income. The firm now presents itself as a fintech company while also extensively promoting itself as an EV company, relying on the popularity of both sectors and Wall Street's bullishness on both. Ideanomics' primary purpose is to invest in cutting-edge technologies, such as bitcoin, the Internet of Things, and self-driving vehicles. Today the company and its businesses focus on vehicles, charging, and energy. IDEX could be an excellent stock for short-term traders in a highly speculative and volatile market. Revenue has been up considerably but didn't meet expectations set by investors, contributing to a decline in share price. Even so, this tech penny stock could prove to be profitable in the long term growth potential due to its diversified investments in potential big players in the tech industry. Eltek (NASDAQ: ELTK) Eltek is the leading manufacturer of rigid printed circuit boards (PCBs) in the world. The company first opened its doors 50 years ago in Israel and has made a global impact since. Its circuit boards appear in various military, medical, and industrial sectors. These markets are known for repeat contracts and long-term offers. Best of all, Eltek works directly with customers to design PCBs that meet specific product requirements. The team even formed a partnership with telecommunications company Telefonica to help meet higher energy density needs. Share prices have struggled to cross back over the $5 line, and a recent revenue miss isn't helping the situation. Still, Eltek is making the right moves to be a major player in the years to come. DiDi Global (NYSE: DIDI) DiDi Global is an Asian rideshare business that looks to outshine even the likes of Uber and Lyft. The mobility technology platform extends from Asia to Russia, Latin America, and Africa. While smaller than the big names in the space, DiDi already has a significant presence in these regions while looking to expand into Europe and the United States. At present, DiDi serves nearly 500 million users on an annual basis. It also provides jobs to drivers while providing a safe transportation service. DiDi only went public in July of 2021 but has a massive market cap of $12.7 billion to back up its success. Share prices may be down as DiDi continues to find its place, but it's likely only a matter of time before as we see trends moving in the upward direction. Globalstar Inc. (AMEX: GSAT) Globalstar Inc. is a wireless telecommunications company that provides mobile voice and data services. The company offers its services through a network of low earth orbit satellites in the high-frequency bands reserved for satellite use. This technology can be seen in satellite phones and remote areas where communication is difficult. It serves several different spaces, including public safety, construction, maritime, agriculture, forestry, energy, and transportation. Larger businesses like Nokia and Qualcomm are making use of Globalstar's technology in some of their platforms. Share prices appear to be making a comeback after a quiet first half of 2022 but have yet to catch up to last year. Favorable revenue numbers are a likely contributor. With all of this success, GSAT is one of the top tech penny stocks to keep an eye on. Alpha Metaverse Tech (OTC: APETF) If you're looking for a tech penny stock under $1, we recommend keeping Alpha Metaverse on your shortlist. The company, rooted in the esports space, has recently reinvented itself as a driver in its future through the metaverse. Esports and online betting are two new emerging niches in the tech industry. Alpha Metaverse is a newcomer to the scene, and since its public debut, it has focused on expanding its global reach. As Alpha expands, its gaming platform has grown to include four different internet sites, each with its own niche. The last year's partnership with Net Gaming Crew (NBA 2k Affiliate of the Brooklyn Nets) significantly boosts its reach. Alpha has also built for big names such as Red Bull, Intel, and the Olympics. Overall, these partnerships and acquisitions help Alpha Metaverse increase its shareholder value, operational expansion, and expanded global user base. Exela Technologies, Inc. (NASDAQ: XELA) Exela Technologies plugs into business process automation to serve the masses. The company steps in to improve processes, update old systems, and provide the insights needed to take a business to the next level. It currently attends to over 4,000 businesses in 50 countries around the world, with many of these businesses currently listed on the Fortune 100. A $58 million market cap shows a lot of stock fluidity and a large presence for a small stock. Exela continues to miss the mark with revenue numbers, leaving investors waiting for some good news. With a solid client base and room to grow, Exela could see positive momentum at any time. LAIX Inc (NYSE: LAIX) LAIX is a Chinese-based tech company that creates products and services that quickly help people learn the English language. The company owns a platform called "Liulishuo," which teaches English to students globally. Liulishuo uses AI to hear, comprehend, communicate, and evaluate the performance of its users. This allows the software to personalize the experience for each user, addressing their strengths and weaknesses. The firm's product will save governments, parents, and taxpayers worldwide a lot of money if it can effectively educate kids. LAIX is still getting its feet wet in many ways, having only been listed for four years on the NYSE. This blend of tech and education provides an interesting niche for traders looking to invest outside of the box. Remark Holdings (NASDAQ: MARK) Remark Holdings, Inc. is a multinational technology firm that creates AI solutions and digital media properties through its KanKan Business. The company focuses on creating and implementing AI-based solutions for enterprises and software developers in numerous sectors. In particular, Remark's face detection cameras are now widely used by law enforcement agencies and school security departments in China. It is also considering bidding on the second phase of China Mobile's Smart Community business. Remark is planning to develop an AI platform that would enforce health codes, conduct real-time temperature checks, ensure mask use, restrict vehicle access, and assist with the protection of the elderly and children. With its AI technology adapting to the world's current situation, Remark's stocks can potentially skyrocket in the near future. That’s it for our Sunday Brief! Don't forget to reply to this email with your feedback. We’ll see you again before the open on Monday. Thanks for being an Elite Trade Club member! Best Regards, Elite Trade Club P.S... Want alerts delivered straight to your cell every morning for free?* [Click Here Now]( to get Elite watchlists sent directly to your phone *Standard message/carrier rates may apply. Legal Stuff: Stocks featured in this newsletter are for entertainment purposes only. You should not base any investment decisions on information contained in my newsletter. 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