Every day there are tens of hundreds of stocks that come into focus among investors on a daily basis but it is only possible for investors to track a handful of them. In order words, one needs to be selective in the stocks that he decides to track and follow. This article is going to be engaged in providing investors a list of stocks that they might consider following this morning in light of recent developments. Here is a quick look at three stocks that investors could consider keeping an eye on at this point in time.
Bemax Inc (OTCMKTS:BMXC) – The first stock that makes it to the list of stocks that may be tracked this morning is the Bemax Inc stock. It is a company that is involved in the distribution and export of a range of private label household products in emerging markets across the world.
There has not been any news about the company this week but back on July 7, Bemax had come into focus after it made an announcement with regards to its revenues projections for the 2022 fiscal year. It was also announced by the company that it was looking to expand its core business through innovation and market diversification in a big way this year.
Bemax announced that it expected its revenues were going to rise by as much as 50% year to the year 2022. If that comes to pass then it would reflect a significant year-on-year jump and could unlock considerable value for the shareholders.
The company announced that it expected its revenues for the 2022 fiscal year to be between the range of $1.6 million and $2.5 million. On the other hand, the company also noted that it believed that its net profit margin for the period was going to be in the range between $480,000 and $1 million. It now remains to be seen if the stock can manage to make a strong move in the coming days or not.
Innovative Payment Solutions Inc (OTCMKTS:IPSI) – Over the past week, the Innovative Payment Solutions Inc stock has clocked gains of as much as 71% amidst heavy interest.
Yesterday, the company was in fact in the news after it announced that it had been successful in signing up TV personality Mario Lopez for an endorsement agreement. It was a major new deal considering the fact that Lopez would be responsible for creating more awareness for Innovative Payment Solutions Inc products.
Worldwide NFT Inc (OTCMKTS:WNFT) announced that after it had been successful in finally completing its name change and the forward split, it was now waiting for confirmation from the court with regards to the court proceedings with Warwick Classe, a former officer at the company.
The company had actually canceled the shares that had been awarded to him and Calasse had appealed against the same at the Nevada Supreme Court. Worldwide NFT announced that it was confident with regards to the possible outcome; however, the company did acknowledge that due to the ongoing cou3rt proceedings it would not be possible for it to get into any acquisition or reverse merger agreement with any entity. While that was a significant announcement from the company, it is also necessary to point out that at this point in time there is no pending transaction of that nature.
Verde Bio Holdings (OTCMKTS:VBHI) – There has been no news about Verde Bio Holdings in the past week but the stock moved strongly during the period and ended up with gains of as much as 13%. The company had actually been last in the news back on June 22 when it announced that the number of its oil and gas wells had continued to rise amidst higher prices of the same products.
Optec International Inc (OTCMKTS:OPTI) – On Monday, the Optec International Inc stock emerged as one of the notable gainers in the OTC Market as it ended the day with gains of as much as 16%. However, at the same time, it is perhaps important to keep in mind that there was no news about the company on Monday.
Optec International is primarily involved in the sales and marketing of fuel maximizing units in the North American market and across the world. The company had earlier been known as Green Meadow Products Inc but back in August of 2017, it changed its name to the present one.
JPX Global Inc (OTCMKTS:JPEX) – Last but not least, it is the JPX Global Inc stock that deserves attention at this point considering the fact that the stock clocked gains of as much as 17% yesterday. However, there was no news about the company that may have triggered the gains. The company is still at a developmental stage and is looking to provide waste management services in Mexico.
