Tech Companies Poised to Breakout Now: SFIO, AITX, HNRC, MMMW, GEGR, SNRG

This morning there are a number of stocks that investors could consider looking into in light of the latest developments with regard to the related companies. That being said, it is also true that there are a large number of companies that one would need to look into in that case. This article, however, provides you with a shorter list of stocks that could be worth tracking at this point. The article provides a quick look at five stocks that investors could consider taking an interest in today.

Starfleet Innotech (OTCMKTS:SFIO) – The global investment holding firm Starfleet International is the first one that ought to be added to the watch lists for the week. The Starfleet stock has managed to record massive trading volumes and gone up by as much as 44% amidst heavy interest. Experts have also suggested that it may now be close to breakout territory.

In this context, it may be a good idea to note that back on April 14 the company had announced that it was going to cut down the number of its authorized share count by as much as 50% from 5 billion to 2.5 billion. The particular move may have come as a source of significant optimism among investors and led to the rally.

Houston Natural Resources Corp (OTCMKTS:HNRC) – The next one that you could consider looking into at this point is the Houston Natural Resources Corp stock. There has been no news with regards to the company in recent days but back on April 4, Houston Natural Resources had announced that it expected to come up with strong results in the first fiscal quarter for the period that ended on March 31, 2022.

The company noted at the time that it expected its revenues for the first quarter to touch $5 million and the EBITDA to hit $2.5 million.  Investors need to keep in mind that Houston Natural Resources has been boosting its revenues every year for the past three years.

Mass Megawatts Wind Power Inc (OTCMKTS:MMMW) – The next one to make this list is Mass Megawatts Wind Power Inc, which had managed to hit a major milestone earlier on in the month. Back on April 6, the company had noted that it had sent in the filing with regards to the Registration Statement on Form 10 to the United States Securities and Exchange Commission.

The filing was with regards to the registration of the company’s common stock under the provisions of the Securities Exchange Act of 1934. It was a major milestone and may have brought the stock to the attention of many investors. You could do well to keep an eye on the price action in the stock over the course of the coming days and watch out for any fresh developments.

Artificial Intelligence Technology Solutions (OTCMKTS:AITX) – Anyone who is looking into the artificial intelligence industry for investment options could do well to consider taking a look at the Artificial Intelligence Technology Solutions stock. The company is involved in the production of security robots like ROSA and ROAMEO which help enterprises in reducing labor costs considerably that would otherwise be spent on security guards.

The robots have the capability of recording incidents and alerting the authorities right away. The company mainly does business through its fully owns subsidiary firm Robotic Assistance Devices and has bagged plenty of orders in recent times. It could be a good idea for investors to keep an eye on Artificial Intelligence Technology Solutions over the coming days.

SusGlobal Energy Corp (OTCMKTS:SNRG) had come into considerable focus among investors on Tuesday after it announced its financial results for the fourth fiscal quarter and the full fiscal year, both of which ended in December 31, 2021.

In addition to that, the company also provided updates with regards to some of the operational progress that it had managed to make. One of the updates was with regards to the purchase of a property spanning 40,535 square feet in Hamilton, Canada. The purchase in question was made by the company through SusGlobal Energy Canada I Ltd, its fully owned subsidiary unit.

However, it was the financial performance that most investors are interested in and it may be a good idea to take a closer look at it. In the fourth quarter of 2021, the company managed to bring in revenues of only $144,246. It proved to be a massive year-on-year drop of as much as 66.63% from the revenues of $432,263 that it had generated in the prior-year quarter.

Gaensel Energy Group Inc (OTCMKTS:GEGR) – Last but certainly not least, it is the Gaensel Energy Group stock that could come on to the radars of investors this morning.

Yesterday, the company had come into focus after it announced that it had made a strategic move and completed the acquisition of major interest in the company Gate srl. It is a marketing, entertainment, and editorial group that is based out of Milan in Italy. It was noted that Gaensel is going to be responsible for not only operating Gate, the airline magazine but also the mobile software application of the same name. It remains to be seen if the news can result in a rally or not.