Published on 21 Aug 2024 on Insider Monkey · via Yahoo Finance
Lantronix, Inc. (LTRX): A Popular AI Penny Stock Under $5
We recently compiled a list of the 7 Most Popular AI Penny Stocks Under $5. In this article, we are going to take a look at where Lantronix, Inc. (NASDAQ:LTRX) stands against the other popular AI penny stocks under $5.
An Analysis of AI Breakthroughs
Artificial intelligence has become increasingly important for businesses and industries to thrive in today's rapidly evolving economy. Grand View Research reported that the global AI market was valued at $196.63 billion in 2023 and is expected to grow at a compound annual growth rate of 36.6% from 2024 to 2030 and reach $1.81 trillion by the end of the forecast.