There are always a large number of stocks that may require the attention of investors on any particular day for a number of reasons. However, at the same time, it is also necessary to keep in mind that it may not be possible for investors to look into all the stocks that may be in the news. Hence, one needs to be selective and this article seeks to give you a glimpse into a handful of stocks. Here is a look at four stocks that have been in the news recently and which you could consider tracking.
Smart Employee Benefits Inc (OTCMKTS:SEBFF) (SEB.V) – The very first company that investors could consider looking into at this point in time is of Smart Employee Benefits, which was in the news earlier this week on Monday after it announced its financial results for the first fiscal quarter that ended on February 28, 2022.
The insurance technology company announced that it had managed to bring in revenues of as much as $16 million for the quarter and that reflected a year-on-year rise of as much as 11.7%. However, perhaps more importantly, it is necessary to remember that it was the 8th straight quarter in which the company managed to post positive EBITDA. On the other hand, the trailing twelve-month revenues also rose to $5 million and reflected a rise of 8.6% year on year. It may well be the right to start tracking the stock.
Pressure BioSciences Inc (OTCMKTS:PBIO) – Pressure BioSciences Inc has become one of the major names in the pressure-based instruments space. More importantly, the instruments it produces can be deployed across a wide range of industries and that is possibly one of the reasons why many investors may be interested in the stock.
Yesterday, the company was in the news after it announced that it was going to make a presentation at Planet MicroCap Showcase that is going to take place from May 3 to May 5. The conference is going to be hosted at the Bally’s Hotel and Casino, which is situated in Las Vegas in Nevada. It could well be a major event for the company considering the fact that more than 80 top listed companies in the microcap space are going to be in attendance.
Kaival Brands (NASDAQ:KAVL) – There may not have been any news about Kaival Brands Innovations Group Inc in recent days but back on April 18, the company made a major new announcement. Kaival Brands is best known for being the distributor of all products that are made by BidiVapor LLC.
Back on April 18, the company announced that it had managed to make a major expansion to its retailer and wholesaler accounts. This particular expansion is going to help Kaival Brands in sending out the product to more than 21000 more stores this year. It goes without saying that such a development for a wholesaler is a major one and one that could potentially bring a massive boost.
In light of that particular development, it may be a good idea for investors to perhaps consider adding the stock to their watch lists and watch for further developments.
Immunoprecise Antibodies Ltd (NASDAQ:IPA) – Last but certainly not least, it is the IPA stock that could be tracked by investors at this point. Experts believe that it is an undervalued stock and could eventually make a recovery, thereby being an attractive proposition.
There has not been any news about the company this year so far but back on April 20 the company made an announcement with regards to the laboratory data in relation to its antibody cocktail named PolyTope TATX-03. It was noted that the data revealed that the product displayed significant strength with regards to the task of neutralizing the Omicron variant of COVID 19. The announcement could well prove to be a highly significant one in the long run.
