Investors are almost always on the hunt for stocks that may have gained momentum and it is going to be no different this morning when they return to their trading stations after a long weekend.
There are certain stocks in the OTC markets which had managed to gain considerable momentum in recent times and it may be a good move for investors to add some of those stocks to their watch lists for this morning. This article is going to give you a quick look into three such momentum stocks for today.
Rogue One Inc (OTCMKTS:ROAG) – The first one to look into is Rogue One Inc, which has reported a number of positive developments in recent times. One of those is the fact that the company is working on getting its stock uplisted to the expert market and thereby regaining its current status. However, on the operations side, Rogue One has also put ambitious plans in place which investors could do well to take a look at.
The company has decided to focus on premium Japanese whiskey and tequila, both of which are premier liquors. The tequila market is expected to touch $14.70 billion in 2028 and that would work out to CAGR of 5.8%. Hence, it could be said that Rogue One is possibly on the right track. On the Japanese whiskey front, Rogue One is already the distributor of Shinju Japanese Whisky, which is considered one of the premium brands.
Stratos Renewables Corporation (OTCMKTS:SRNW) – On Friday, 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.
Solar Integrated Roofing Corp (OTCMKTS:SIRC) – The first one of those stocks is that of Solar Integrated Roofing Corp which had emerged as one of the major gainers last Friday and ended up with gains of as much as 21% amidst heavy interest.
While there was no news about the company on Friday, it ought to be noted that earlier on in the previous week, the company had made a significant announcement. It announced that it had settled a legal action with K Hunter Ballew, RoofCon LLC, and Upward Holdings Group LLC amicably. It may have come as a source of considerable excitement for investors and that may have been the reason behind the rally that was seen in the stock last Friday. It remains to be seen if the stock can maintain its momentum today.
Schwazze (OTCMKTS:SHWZ) – Although the Schwazze stock was trading in a range this past Friday, it is a cannabis stock that had shown some momentum in recent times and may be worth looking into at this point. It is a cannabis company that is not only vertically integrated but also operates across multiple states in the United States.
Earlier on in the month on June 2, the company had come into focus among investors after it announced the opening of Emerald Fields, Schwazze’s adult-use cannaboutique. The establishment had formerly been known as Urban Health & Wellness Inc.
Emerald Fields is situated in the Highlands area in the city of Denver in Colorado. Customers are going to get a boutique cannabis shopping experience at the establishment and additional locations have also been launched in Cherry Creek and Manitou Springs.
NaturalShrimp Inc (OTCMKTS:SHMP) – Last but not least it is the NaturalShrimp Inc stock that may be looked into this morning although it is important to note that it had tanked by as much as 10% last week.
There was no news about the biotechnology aquaculture company last week but back on June 2, the company had made an announcement with regards to its participation at a major industry event. The event in question is the ROTH 8th Annual London Conference that is going to be held at the InterContinental London Park Lane in London, United Kingdom.