Most investors are almost always on the lookout for stocks which have recorded strong gains for a reasonable period of time and by that principle it might be a good time to perhaps start tracking the Cyberlux Corporation (OTCMKTS:CYBL) stock.
It has been one of the biggest movers over the course of the past month and has managed to deliver gains of as much as 385% during the period. In light of such enormous gains, it might be a good idea for investors to take a closer look at the company and specifically at the announcement that it made last week.
Back on October 7, the LED lighting, advanced unmanned aircraft systems and renewable energy company announced that it had completed the acquisition of FBD Group SPHK. The company noted that it made the acquisition for the purpose of building its own infrastructure technology capability platform.
It goes without saying that it was a significant development for the company and could prove to be another source of optimism for investors in the coming weeks. At this point in time, it might be a good move for investors to keep the Cyberlux stock in their watch lists and keep an eye on news about the company.
