Ahead of the start of trading this morning, it might be a good idea for investors to possibly look into those stocks which may have recorded massive gains last week. One of the stocks that could be worth looking into at this point is that of Labor Smart Inc (OTCMKTS:LTNC), which ended up recording gains of as much as 155%.
The company, which is now known as Takeover Industries and involved in the manufacturing of NXT LVL brand of beverages, made a key announcement last week. Takeover Industries announced that its brand of beverages is going to be made available at the retail outlets owned by Hy-Vee across the American Midwest.
That is a major development for the company and its brand of beverages since it opens up another massive market. Hy-Vee is one of the biggest retail outlet operators in the United States and gives a massive new platform to the beverages being produced by the company.
To put it into perspective, Takeover Industries is now going to be able to distribute its beverages to as many as 265 grocery stores and 175 convenience stores that are operated by Hy-Vee. Investors could consider keeping the stock in their watch lists this week.