Subject: Portfolio Strengthening and Diversification with Penny Crypto Hello, I’m looking to strengthen my portfolio, which is currently worth around $3,600, all tied up. I’ve been trading with you for about two weeks now. My current holdings include: 50 shares of Ford Motor Group 50 shares of NAMS 8 shares of GXO 100 shares of ACCD 5 shares of KO 4 shares of UL 5 shares of BAC 25 shares of NRT 75 shares of AUST 1000 shares of SVMH 9 shares of GT 34 shares of JTAI 64 shares of KXIN 72 shares of NIVF 10 shares of GBXI I’m looking to diversify further and add penny crypto stocks that show good potential for growth. You recommended PHUN—should I add it to my portfolio? Do you have any other suggestions for penny cryptos that might fit my investment goals?

Strengthening and Diversifying Your Portfolio

Given your current portfolio worth $3,600 and your interest in diversifying with penny crypto stocks, it's important to consider the potential benefits and risks involved. Penny crypto stocks, like PHUN, can offer substantial upside potential but also come with higher risk due to their lower market capitalizations.

1. Assessing PHUN: Phunware (PHUN) is a company that has shown strong recent performance with a 28.86% 1-week percentage change and a 36.46% 1-month percentage change. However, its market capitalization of $51.14 million as of October 11, 2024, is relatively large, which might not align with your intent to add a penny crypto to your portfolio.

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PHUN Market Cap

2. Alternative Penny Crypto Options:
   • Applied Digital Corporation (AAOI): This penny crypto stock has a market capitalization of $730.4 million, a 1-month percentage change of 25.65%, and a trading volume of 2.33 million shares. It stands out with its strong recent performance and high liquidity, which could be a good fit for your portfolio.
   • Other penny crypto options, such as Direct Digital (DRCT), Aehr Test Systems (AEHR), and BK Technologies (BKTI), show strong volatility and recent performance, but their market capitalizations are also larger than PHUN.

Quantitative Recommendation Score(6092)

Quantitative Recommendation Score top #, rank from largest to smallest 5(5)

market cap less than $1 billion(3367)

volatility > 5%(776)

1-week's percentage change greater than 10%(294)

1-month's percentage change greater than 20%(548)

trading volume greater than 1 million shares(5931)

last-price	last-change%	Quantitative Recommendation Score	Quantitative Recommendation Score rank	Market Cap(USD)2024.10.11	Weekly Volatility%2024.10.11	Interval Percentage Change%2024.10.07-2024.10.11	Interval Percentage Change%2024.09.13-2024.10.11	Trading Volume(Share)2024.10.11
3.02	26.36%	0.46	2137/6092	43.33M	9.03	35.43	20.32	234.34K
16.02	20.27%	0.41	2588/6092	474.69M	7.20	30.67	25.65	9.40M
27.00	10.16%	0.41	2615/6092	95.50M	8.71	12.83	37.06	44.37K
7.13	15.56%	0.33	3238/6092	160.46M	6.24	11.06	22.51	429.70K
17.86	7.20%	0.33	3279/6092	730.40M	5.19	16.28	23.00	2.33M

Ticker
DRCTDirect Digital
AEHRAehr Test Systems
BKTIBK Technologies
VOXXVOXX International
AAOIApplied

View 5 results

3. Portfolio Considerations:
   • Given your portfolio's current composition and your interest in diversification, replacing shares of less volatile stocks with PHUN or other penny cryptos could help balance risk and potential growth.
   • It's crucial to consider your risk tolerance, which is around 65%, and ensure that any new investments align with this profile.
   • Before making any changes, review the specific features and risks of each potential investment, and consider consulting with a financial advisor if needed.

In conclusion, while PHUN is not a traditional penny crypto, there are other options that might better fit your criteria for growth and diversification. AAOI, DRCT, AEHR, and BKTI are worth considering based on their recent performance, liquidity, and market capitalization. Ensure that any investment aligns with your risk tolerance and overall investment strategy.