There are a number of stocks that have emerged as points of focus among investors in recent days but at the same time, it is also true that investors can only keep track of a handful of stocks at any point in time.
Hence, it may be a good idea to perhaps choose a small number of stocks and then take a closer look at those. This article delves into three stocks that investors could consider adding to their watch lists at this point.
Artificial Intelligence Technology Solutions (OTCMKTS:AITX): Most experts, analysts, and investors believe that artificial intelligence is all set to become a massive industry in the long run. Hence, it could be a good move for investors to consider taking a look at some stocks from the industry.
One company that could be worth looking into at this point is Artificial Intelligence Technology Solutions Inc. The company mainly operates through its fully owned subsidiary company Robotic Assistance Devices Inc and yesterday it made a major announcement related to the subsidiary. It was announced yesterday that Robotic Assistance Devices had managed to sign a new authorized dealer in the form of Premier Protective Security Inc.
More importantly, it was announced that it had already received an order for a solitary ROSA security robot from Premier Protective Security. Bagging a new order is almost always a major deal for any company and in recent times Robotic Assistance Devices has managed to get a steady stream of orders from its different clients. It may now be a good time for investors to consider adding the Artificial Intelligence Technology Solutions stock to their watch lists and keep an eye on the movements in the share price. It could be one of the artificial intelligence-related stocks to follow.
SusGlobal Energy Corp (OTCMKTS:SNRG): The next company that could be watched closely by investors at this point in time is of SusGlobal Energy Corp. As it happens, SusGlobal stock has actually managed to emerge as a major mover over the course of the past couple of trading days and clocked gains of more than 100% during that period. In light of such gains, it might be the right time to track the stock.
Yesterday, the stock came into focus after it announced that its fully owned subsidiary firm SusGlobal Energy Canada Corp had signed a non-binding letter of intent with regards to the acquisition of amendments, soil media, and plant nutrients producer.
As per the terms of the agreement at this point, the transaction could be completed for a sum of $1,570,185. The news proved to be a source of major optimism for investors and resulted in a strong rally in the stock over the past two trading days. It will be interesting to see if the stock can maintain its momentum.
GBT Technologies Inc (OTCMKTS:GTCH) stock had been in the middle of a bit of an upward move and had ended up with gains of as much as 8.50%. In light of this situation, it may be a good time for investors to consider taking a look at a key development from yesterday.
The company announced yesterday that it had gone into a revenue sharing agreement with a third party for the purpose of testing its artificial intelligence platform. The platform in question is known as AVANT AI and it is meant for the identification of opportunities for sellers when it comes to the biggest e-commerce platform in the world.
The testing activities under the provisions of the revenue sharing agreement had actually been started by the company back on March 1 this year. It goes without saying that it was a significant move from the company and it now remains to be seen if the GBT Technologies stock can continue to make an upward move over the course of the coming days. It may be a good idea for investors to consider adding the stock to their watch lists and keep an eye on developments.
Immunoprecise Antibodies Ltd (NASDAQ:IPA): Last but certainly not the least by any stretch of the imagination, it is the IPA stock that could be watched closely by investors at this point in time. The stock was insignificant focus among investors on Monday and ended up with gains of as much as 4.5%.
Yesterday, the company made a joint announcement along with Elektrofi, in which it was noted that the two entities were getting into a collaboration for the purpose of developing the higher concentrate variant of the COVID 19 antibody cocktail that IPA developed.
The announcement proved to be a source of significant optimism among investors and soon enough investors piled on to it in a big way. It remains to be seen if the stock can maintain its momentum.