Above Food Ingredients Inc. (NASDAQ:ABVE) is a hot penny stock to invest in now. They announced a merger with Palm Global Technologies Ltd., acquiring 1.1 billion shares. The merger will position ABVE as a leader in stablecoins and tokenization. ABVE operates Above Food Corp. and Bite Acquisition Corp., offering food products and blank check services. While ABVE shows investment potential, consider AI stocks for greater upside. Check out the best short-term AI stock for more information.

Read more at Yahoo Finance: Above Food Ingredients (ABVE) Announces Acquisition of Palm Global Technologies