December 30, 2024
 
 

Small Stocks, Big Money™

Weekly Newsletter
REDCHIP.COM
 
 
Small Stocks, Big Money:
Top-Performing Stocks of 2024
 
2024 has been an exceptional year for small-cap stocks, with several companies delivering impressive gains and creating significant value for investors. In this year’s top 10 performers list, we celebrate the companies that exemplify innovation, resilience, and growth.
 
 
 
 
 
 
 
 
 
Gorilla Technology Bolsters Capital Structure, Prepares for Growth Surge
 
Gorilla Technology Group (Nasdaq: GRRR) strengthened its financial position with a $6 million capital injection from warrant exercises, bolstering its balance sheet and supporting its strategic share buyback initiatives. With a robust project pipeline, key partnerships, and a focus on AI-driven solutions in high-growth markets like smart cities and cybersecurity, Gorilla is well-positioned to drive long-term growth and deliver value to stakeholders.
 
 
 
 
 
 
 
BullFrog AI Poised for Breakout 2025 with Groundbreaking AI Advancements and Strategic Milestones
 
BullFrog AI (Nasdaq: BFRG) closed 2024 with significant progress, advancing its AI-driven bfLEAP™ platform, forging impactful collaborations like its breakthrough work with the Lieber Institute for Brain Development, and expanding research on its promising assets such as BF-114 for liver disease. With a strong leadership team, enhanced IP portfolio, and $8.83 million in new funding, the company is poised to drive growth and achieve significant milestones in 2025.
 
 
 
 
 
 
 
 
 
 
Mobilicom Secures $1.2 Million from Warrant Exercises, Extends Cash Runway through 2026
 
Mobilicom Limited (Nasdaq: MOB) bolstered its balance sheet with $1.2 million in cash proceeds from recent warrant exercises, extending its cash runway to at least 24 months. With revenues tripling and operating efficiencies improving in 2024, the company is poised for continued growth in the high-demand drone and robotics market. CEO Oren Elkayam highlighted strong market dynamics and increasing adoption of Mobilicom’s cybersecure solutions, setting the stage for a promising 2025.
 
 
 
 
 
 
 
60 Degrees Pharmaceuticals and Tufts Medical Center Partner to Advance Tafenoquine for Babesiosis Treatment
 
60 Degrees Pharmaceuticals (Nasdaq: SXTP) and Tufts Medical Center signed a Patent License Agreement to co-develop and commercialize tafenoquine for babesiosis, a serious tick-borne disease. The collaboration includes joint patent ownership, exclusive commercialization rights for 60 Degrees, and ongoing research led by Tufts. Currently in clinical trials, tafenoquine has potential as the first prophylactic treatment for babesiosis, addressing a critical unmet need for patients with limited options and coinfections like Lyme disease.
 
 
 
 
 
Recent News
 
 
 
 
 
 
 
 
Recent Research Coverage Updates
 
Company Rating Price Target Firm Report Date
Calidi Biotherapeutics (NYSE American: CLDI) Buy $10 Ladenburg Thalmann November 21, 2024
ASP Isotopes (Nasdaq: ASPI) Buy $4.50 Cannacord Genuity October 4, 2024
LOBO EV (Nasdaq: LOBO) Buy $5 Zacks Small-Cap Research May 15, 2024
GreenPower Motor (Nasdaq: GP) Buy $1.65 Roth August 15, 2024
Enlivex Therapeutics (Nasdaq: ENLV) Buy $13 EF Hutton August 27, 2024
GreenPower Motor (Nasdaq: GP) Buy $3 RF Lafferty September 11, 2024
GreenPower Motor (Nasdaq: GP) Buy $5 Maxim July 2, 2024
GreenPower Motor (Nasdaq: GP) Hold n/a BTIG July 1, 2024
GreenPower Motor (Nasdaq: GP) Buy $3 Roth April 1, 2024
BioVie (Nasdaq: BIVI) Buy $3 ThinkEquity July 1, 2024
Calidi Biotherapeutics (NYSE American: CLDI) Buy $1 Ladenburg Thalman June 27, 2024
Calidi Biotherapeutics (NYSE American: CLDI) Buy $1 Rodman & Renshaw June 27, 2024
Calidi Biotherapeutics (NYSE American: CLDI) Buy $2 RW Baird May 14, 2024
Unusual Machines (NYSE American: UMAC) Buy n/a ThinkEquity June 17, 2024
Soligenix (Nasdaq: SNGX) n/a $4.15 Zacks Research June 14, 2024
Enlivex Therapeutics (Nasdaq: ENLV) Buy $6 HC Wainwright June 11, 2024
Sixty Degrees Pharma (Nasdaq: SXTP) Hold n/a HC Wainwright June 6, 2024
Sixty Degrees Pharma (Nasdaq: SXTP) Buy n/a Ascendiant May 21, 2024
American Resources (Nasdaq: AREC) Buy n/a HC Wainwright June 3, 2024
 
 
 
 
Small Stocks, Big Money™ Podcast
 
The podcast features in-depth interviews with CEO’s from the top names in small-cap stocks, providing listeners with a unique perspective not found anywhere else.
Available on:
amazon music apple music spotify music
 
 
 
 
 
 
Upcoming Events
 
 
8
 
 
Jan 2025
 
NASDAQ: LOBO - LOBO EV
4:15pm Eastern
 
LOBO EV, headquartered in Wuxi, China, is a pioneering OEM and ODM manufacturer and seller of electric vehicles (EVs), including e-bicycles, e-mopeds, e-tricycles, and electric off-highway four-wheeled shuttles, tailored for various demographics, including mobility solutions for the elderly and disabled.
 
 
 
 
 
 
 
9
 
 
Jan 2025
 
NASDAQ: STSS - Sharps Technology
4:15pm Eastern
 
Sharps Technology is an innovative medical device and pharmaceutical packaging company offering patented, best-in-class smart-safety syringe products to the healthcare industry.
 
 
 
 
 
 
 
Archived Events
 
 
19
 
 
Dec 2024
 
NASDAQ: BIAF - bioAffinity Technologies
4:15pm Eastern
 
bioAffinity Technologies, Inc. addresses the need for noninvasive diagnosis of early-stage cancer and diseases of the lung and broad-spectrum cancer treatments.
 
 
 
 
 
 
Quote of the Week
 
"Invest in something you can get your arms around and be very conservative, own enough stock so that you are not putting all your eggs in one basket."
— Dave Maley, Manager Ariel Discovery Fund
 
 
RedChip TV
 
 
 
 
RedChip Highlights MUSQ Global Music Industry ETF (NYSE American: MUSQ) & OKYO PHARMA (NASDAQ: OKYO)
 
 
 
 
 
 
 
Order "Small Stocks, Big Money™ Today!
 
Dave Gentry's new book, Small Stocks, Big Money: Interviews With Microcap Superstars, is now available for pre-order. Published by Wiley Finance, this first-hand perspective and insider information on the fast world of microcap investing is now available for purchase.
 
 
 
 
 
 
 
Lesson of the Week
 
Investing in small-caps requires a dedicated, long-term approach.