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Barchart
Barchart
Ruchi Gupta

After Key Hyperscaler Wins, How High Can This AI Penny Stock Soar?

Rezolve AI (RZLV) is a little-known company that offers generative artificial intelligence (AI) solutions for information technology (IT) and human resources (HR) functions. According to its website, it aims to “augment” human workers and increase IT efficiency. Trading below $3.50, it is solidly in penny stock territory. 

Its shares have spiked more than 60% in the last five trading days as investors and analysts react to deals the company has inked with Google (GOOGL) and Microsoft (MSFT). Roth MKM initiated coverage of the stock with a “Buy” rating and a target of $4.

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