There are a number of stocks that may have gone under the radar of many investors at this point in time but it may not be long until that particular state of affairs persists. If it is often seen that if one gets into such stocks early then it is possible to make significant gains in the medium to long term. This article is going to look into a group of three stocks that may fulfill the conditions of being suitably under the radar at this point in time.
Legends Business Group (OTCMKTS:LGBS) – It may not be particularly under the radar considering the fact that the Legends Business Group stock actually attracted plenty of investors yesterday and ended the day with gains of as much as 13%. However, there may be more potential in the stock in the long run and hence, it may be a good move to look into it. Yesterday, the company announced that it had been successful in the acquisition of land that it is going to use for developing as many as 33 lots.
The company paid $3.3 million for the acquisition. While the acquisition was a significant one, it is also important for investors to keep in mind that Legends Business Group has been on a bit of an acquisition spree throughout the year. The latest acquisition brought the total number of lots under the company’s control to 136 and it spent $13.6 million in total in order to acquire those. Last but not the least, Legends Business Group also noted that it was going to continue to work on further acquisitions.
GBT Technologies Inc (OTCMKTS:GTCH) – Not too long ago, the GBT Technologies stock had been in the middle of a strong rally but it slumped recently after investors decided to book their profits in the stock. So, could this be an opportunity for some investors to enter the stock again? The last time the company was in the news was back on April 5 when it announced that it had got an issue notification with regards to its patent for its intelligent motion detection product.
The product is called ‘Apollo’ internally. It was also announced at the time that as per the notification received by the company the non-provisional patent application was going to be granted to GBT Technologies on April 12, 2022.
Mass Megawatts Wind Power Inc (OTCMKTS:MMMW) – The news one on the list is the Mass Megawatts Wind Power Inc stock which was one of the major movers on Monday and had ended up with gains of 8.50%. More importantly, the trading volume in the stock had also been quite high.
While it is true that there was no specific news about the company, it may be a good time for investors to note that earlier on in the month the company had hit a major milestone by submitting a filing for a registration statement on Form 10 to the United States Securities and Exchange Commission. By way of this particular submission, the company wishes to list its stock as per the provisions of the Securities Exchange Act of 1934. It now remains to be seen if the stock can hold on to its momentum and add to its gains today.
Signal Advance Inc (OTCMKTS:SIGL) – Lastly, it is the Signal Advance Inc stock that could be on your watch lists at this point. Yesterday, the stock rallied by as much as 16% but at the same time it ought to be noted that the rally had been brought about due to a tweet from Elon Musk, in which he stated ‘Use Signal’. Musk meant the instant messaging app Signal and not Signal Advanced. However, investors piled on to the stock nonetheless. Signal Advance is involved in the tech development and engineering research industries and it is going to be interesting to see if this inadvertent rally continues or not today.
