If a stock gathers momentum then it often attracts the attention of many investors and in fact, there are many investors who specifically look for such stocks on a daily basis. These investors are even called ‘momentum investors’ sometimes.
This morning many of the investors in the OTC Markets are also going to be looking into such stocks and it may be a good idea for investors to be prepared about it. This article is going to give you a fairly detailed look into a number of stocks that are currently in momentum and it may be a good move to keep track of these this morning.
Wearable Health Solutions Inc (OTCMKTS:WHSI) – The wearable medical device space is growing at a pretty brisk pace and there are now many investors who are looking into the possibility of investing in this particular sector.
One of the OTC listed companies from the sector which may be worth looking into at this point is Wearable Health Solutions Inc, which has done some stellar work in this sector in recent times despite being a relatively small outfit. The company has been successful in coming up with some highly innovative wearable medical devices in recent times and that could possibly place Wearable Health Solutions in a strong position to corner even a part of the market opportunity that could be worth a staggering $960 billion by 2030.
Although a small company, Wearable Health Solutions is in an industry in which some of the behemoths are operating and since it has already come up with its own products, it is a distinct possibility that it can hold its own. The stock is still trading at very low levels and it can prove to be quite attractive to a wide range of investors at this point in time.
Its remote monitoring devices are regarded as the best in their categories and that is a major positive considering the fact that the effectiveness of the products is ultimately going to decide the long-term faith of the company. It might be a good idea for investors to consider adding the stock to their watch lists for the day and watch for the price action.
Eco-Tek Group Inc (OTCMKTS:ETEK) – Another stock that has gained momentum in recent times is the company Eco-Tek Group Inc. This past Friday the stock had rallied strongly and went up by as much as 18% and that took the total gains made by the stock over the course of the week to as much as 50%. Despite the strong momentum and resultant rally, it ought to be noted that there has been no news at all about the company.
Eco-Tek is involved in the business of filtration systems, lubricants, and related products in the North American market. It remains to be seen if the stock manages to hold on to its momentum this week or not.
Marketing Worldwide Corporation (OTCMKTS:MWWC) – It was not a great time for investors in Marketing Worldwide Corporation last week as the stock gathered negative momentum and tanked by as much as 14% amidst a steady selloff.
There was no news about the company either and hence, investors may be watching closely for signs of a recovery this week. The last time Marketing Worldwide Corporation was in the news was back on May 19 this year when it announced that it had activated the presale launch pad for its Minosis token.
Inception Mining Inc (OTCMKTS:IMII) – There was no news about Inception Mining Inc last week but this past Friday the sock was in the middle of a downward spiral and ended the day with a decline of as much as 10%.
The mining company, which is mainly focused on gold deposits, is involved in acquiring, exploring, developing, and then producing from mineral properties situated in the United States. The company had actually been registered back in 2007 and is based out of Murray in Utah. It may be a good idea for investors to consider keeping an eye on the Inception Mining stock this morning.
SOHM Inc (OTCMKTS:SHMN) – There was no news about SOHM Inc last week but the stock rallied strongly nonetheless and ended the week with gains of as much as 54%.
In this situation, it may be a good idea for investors to consider taking a look at the nature of the company’s business. SOHM is involved in marketing, developing, manufacturing, and distributing private label pharmaceutical products in the United States market. It offers a wide range of antibiotics, analgesics, and anti-inflammatory medicines.
RAADR Inc (OTCMKTS:RDAR) – Last but certainly not least, it is the RAADR Inc stock that ought to be on the watch lists of investors this week if they are looking into OTC Markets stocks that have gathered momentum. In the past week, the stock has managed to deliver gains of as much as 67% despite there being no news at all.
The company is involved in developing software and technology that is meant for monitoring cyberbullying on social media platforms through the power of artificial intelligence.
