There is perhaps no other sector in the stock market that has managed to generate such strong returns over such an extended period of time as the tech sector. Hence, it is perhaps no surprise that investors are almost always on the lookout for the next big thing in tech stocks.
It goes without saying that the sheer number of tech stocks in existence can make it difficult for investors to make the right choices. Hence, it is necessary to shorten the list down to a few stocks. Here is a look at three tech stocks that you could track at this point.
1. Artificial Intelligence Technology Solutions (OTCMKTS:AITX)
The artificial intelligence industry is almost certainly going to be one of the valuable industries in the future and if you are currently looking into such stocks, then you could take a look at Artificial Intelligence Technology Solutions Inc.
The company mainly operates through its fully owned subsidiary company Robotic Assistance Devices and earlier this week, the company made an announcement with regards to an order received by the subsidiary. It was announced that Robotic Assistance Devices had bagged an order for as many as 5 ROSA Units from Cancom Security Services, an authorized dealer that it had signed up recently. Cancom is owned by First Nations and currently has a number of offices all over Canada.
It was a significant order and it is in the long line of many such orders that Robotic Assistance Devices has bagged in recent times. It may be a good idea to keep the parent company Artificial Intelligence Technology Solutions on your watch lists at this point.
2. GTX Corp (OTCMKTS:GTXO)
The other tech company which could be added to the list by investors at this point in time is GTX Corp. It is a pioneering company that is involved in the mobile, smart, and wearable GPS technology space. In addition to that, GTX Corp is also known for providing recovery-based solutions. Currently, the company is possibly best known for having developed the GPS SmartSole, which is an innovative, award-winning, and also patented GPS solution. It is the very first invisible wearable technology in the world and is meant for helping in tracking people who may be suffering from neurodegenerative diseases which can make them disoriented.
Such diseases can often lead to the individuals getting lost and the solution from GTX Corp can help in a big way. It can be put in a show and then it is possible for the individual to be tracked at all times. Earlier in the week, the Chief Executive Officer of the company Patrick Bertagna appeared for an interview on the show News on the Street on Fox Business Network. During the interview, he provided a detailed account of the sort of work that the company has been doing.
3. GBT Technologies (OTCMKTS:GTCH)
At number three, it is GBT Technologies Inc which rounds off the list of tech stocks for the purposes of this article. The company had come into focus earlier on in the week on February 22 when it announced that it had been awarded the extension notice in relation to its System for Award Management registration. The registration is going to be in play up until May 2023.
The extension is an important development since GBT Technologies is now going to be able to do business with United States government sub-contractors and contractors. It goes without saying that it was a major milestone for the company. It remains to be seen if the stock moves upward in the coming days.
