It has often been noticed that investors often move into stocks that may have shown considerable momentum and that is possibly the reason why they are almost always on the lookout for stocks that may have demonstrated such characteristics. If you are currently looking into stocks that gained momentum in recent times then it may be a good idea to perhaps take a look at some of the stocks which have shown momentum recently and could well continue to do so. Here is a quick look at 6 stocks from the OTC Markets that could well be worth adding to you watch lists of momentum stocks.
Rogue One Inc (OTCMKTS:ROAG) – The first one that may be poised for such a move is the Rogue One Inc stock. It could be on the verge of making such a move on the back of the fact that not too long ago, the company had been all set to get back its current status and was all set to have an uplisting on to the expert market.
On the other hand, the company is also working on becoming the distributor of two categories of premium liquor, premium liquor, and premium tequila. All this points to the fact that growth may be coming and that may make the stock a compelling option for many investors.
CytoDyn Inc (OTCMKTS:CYDY) – There has been no news about the biotech company CytoDyn Inc in recent days but the stock has performed poorly and has gone down by as much as 25% during the period. That being said, the company had in fact come into focus back on May 23 this year when it made a key announcement. At the time CytoDyn announced that it had been successful in finally completing a settlement of a non-cash nature with Dr. Richard Pestell, its former Chief Medical Officer. The settlement was with regards to a dispute between Pestell and CytoDyn with regards to the former’s employment at the latter.
The reaching of the settlement was a significant matter since it lifted a cloud from over CytoDyn. However, it is unclear whether it had any link to the latest selloff that has been seen in the CytoDyn stock. The selloff has been quite strong and it remains to be seen if it is arrested today.
Stratos Renewables Corporation (OTCMKTS:SRNW) – On Thursday, the Stratos Renewables Corporation stock was trading in a range and that was perhaps not surprising considering the fact that there was no news at all about the company. It ought to be noted that the company does not have much to talk about when it comes to its operations at this point in time.
However, in the past, Stratos Renewables Corporation had been involved in the import and export space and dealt in products that had been derived from hydrocarbons and bio-fuels. At this point, the company is looking into targets that it could acquire and that is something investors could do well to keep an eye on.
SunHydrogen Inc (OTCMKTS:HYSR) – In the past week, SunHydrogen Inc has seen its stock take a dive and go down by as much as 9% as a consequence. There has been no news about the company in recent days. The last time it had been in the news was back on May 10 when it announced that Dr. Arthur J Nozik had been appointed as a scientific advisor.
DarkPulse Inc (OTCMKTS:DPLS) – Laser-based monitoring system providing company DarkPulse Inc was one of the companies on the OTC Markets to have come into deep focus among investors yesterday and its stock ended up with gains of as much as 11%.
The day before yesterday, DarkPulse announced that the company MultiNet Communications had been made the distributor for its BOTDA EREBOSÔ sending systems for the markets in Africa and the Middle East. That proved to be a trigger for the stock.
Sysorex Inc (OTCMKTS:SYSX) – Last but not least, it is the Sysorex Inc stock that may be looked into. Yesterday, the stock declined by as much as 30% and that took the decline over the past week to as much as 45%. In this case, as well, there is no material reason for the fall since there has been no news about the company since May 5. At the time the company had provided an update in which its two major shareholders had reiterated their commitment to Sysorex.
