The OTC Markets can often prove to be a treasure trove of stocks that could eventually record massive gains. However, at the same time, it should be noted that it is necessary for investors to do their research diligently and then make a list of some of the stocks that may be worth looking into. Just buying stocks randomly generally does not work well. This article is going to give you a glimpse into a range of OTC Markets listed stocks that have the potential of generating tenfold gain. Here is a look at five such stocks.
Wearable Health Solutions Inc (OTCMKTS:WHSI) – The wearable medical device industry has exploded in the past few years and nowadays there are lots of massive companies which are involved in that space. Wearable Health Solutions Inc may be a pretty small company compared to some of the companies it is competing with but it has managed to carve a niche in the industry nonetheless.
The company already has a range of products in the market and it supplies those products to distributors and dealers all over the world. If a company is to grow then it needs sound and experienced management and on that front, Wearable Health Solutions is quite blessed. The top management of Wearable Health Solutions boasts of combined experience in excess of three decades in the healthcare industry and hence, it could be said that the company is in responsible hands.
One of the earliest products to have been launched by Wearable Health Solutions was the MediPendant. It is a highly innovative product and the first-ever medical alarm that allows the user to not only speak but also to listen to the operators who is responsible for the emergency response. Not too long ago, the Wearable Health Solutions stock was the subject of a note from Theodore O’Neill, who is an analyst at Litchfield Hills Research.
In the note, he set the price target for the Wearable Health Solutions stock at 20 cents a share. At the time, the stock price was at 2 cents a share and hence, it reflected an upside of a staggering 1000%.
JZZ Technologies Inc (OTCMKTS:JZZI) – This past Friday, was a fairly bad day in the markets for investors in JZZ Technologies Inc as the stock suffered from a steep selloff and ended the day with a decline of as much as 34%. In case of such a decline, it may be important for investors to figure out if the stock can make a recovery or not.
The diversified technology company had actually been in the news back last Thursday. At the time, JZZ Technologies had announced that it had got a purchase order with regards to the licensing of its proprietary database that also contains as many as 35 million emails. The order had been placed by one of the major internet service providers.
Ionix Technology Inc OTCMKTS:IINX) – There has been no news at all about Ionix Technology Inc for quite a while but that did not stop its stock from tanking sharply on Friday and ending the day with a decline of as much as 35%.
The last time the company had been in the news was back on September 7, 2021, when it made a key announcement about its fully owned subsidiary unit Huixiang Energy Technology (Suzhou) Co Ltd. It was announced at the time that Huixiang Energy had submitted an application in relation to its self-developed aluminum ion battery that also offers high levels of safety and cost-effectiveness. It was submitted to the China Intellectual Property Administration.
Cruzani Inc OTCMKTS:CZNI) – Cruzani Inc was one of the OTC Markets listed stocks that had emerged as a major gainer this past Friday and had clocked gains of as much as 66% as a consequence. In light of such enormous gains, it may be a good time for investors to take a look at the possible trigger behind it.
It should be noted that back on July 6, the company had come into focus among investors after it emerged that it had finally completed both the acquisition as well as the disposition of assets, exhibits, and financial statements. It remains to be seen if the stock can add to its gains today.
Universal Systems Inc OTCMKTS:UVSS) – While it is true that this past Friday, the Universal System Inc stock tanked by as much as 11% it should be noted that there was no news about the company at all.
In fact, the last time the company was in the news was back on June 10 this year when it announced that it had appointed a new Chief Technical Officer in the form of Alessandro Patti. At this point, it could be a good move to keep an eye on the news with regard to Universal Systems.
Gourmet Provisions International Corporation OTCMKTS:GMPR) – After the company came up with a key corporate update this past Friday, the Gourmet Provisions International Corporation stock tanked by as much as 40%. The company provided a lowdown on the ‘great opportunities’ that it was working on and some of the solutions that it had put into practice. It was an important update but investors clearly did not like what they saw. However, it will be interesting to see if the stock can make a recovery today.
