Investors are often on the lookout for stocks that may have gained momentum for the simple reason that if the momentum continues then there could be some gains that could be enjoyed. As another trading day begins, it may be a good time for investors to consider taking a look at some of the stocks which may have gained momentum and could well be on the watch lists today. Here is a look at three such stocks.
Wearable Health Solutions Inc (OTCMKTS:WHSI) – The wearable healthcare industry has grown at a remarkable rate over the course of the past few years and is one of the companies that may be worth tracking at this point in time is Wearable Health Solutions Inc.
The company may be a relatively small one when compared to some of the behemoths operating in the space, but it should be noted that it has already been successful in launching several products into the market. Last Thursday, Wearable Health Solutions was in the news once again after it made an announcement with regards to some more launches.
The company noted on July 14 that it was aiming to launch its new ecosystem of products as well as services to the vendor and dealer networks at some point next month. The announcement had been made by the President of the company Peter Pizzino.
He went on to add that the new product ecosystem was going to be made up of a docking stations, 4G devices, accessories, and vital wrist bands. In addition to that, a wide range of bundled features like the 4G medical mobile alarm are going to be made available to users as well. These alarms are expected to take care of the personal choices and needs of customers.
The stock has gained considerable momentum in recent times as well and it now remains to be seen if the Wearable Health Solutions stock can manage to come into effect among investors or not.
Dr. Food Inc (OTCMKTS:DRFS) – One of the penny stocks that may well be on many investors’ radars this morning is the Dr. Foods Inc stock. The stock did not have a great time on Thursday as it suffered from a strong selloff and ended the day with a decline of as much as 7%.
As the name suggests, the company is involved in the development and manufacturing of a range of food products. However, that is not all, Dr. Foods is also involved in the import and reselling of food products. It is a fairly new company and had been established last year. It is based out of Tokyo, Japan. It will be interesting to see if it can add to its gains today.
Genesis Electronics Group Inc (OTCMKTS:GEGI) – The Genesis Electronics Group Inc stock was one of the major laggards yesterday among penny stocks as it ended the day with a decline of as much as 14%. There was no news about the company yesterday and the last time it was in the news was back on June 22.
At the time, the company had announced that it had appointed Kevin Damoa as a strategic advisor to the board of directors.
Asia Broadband Inc (OTCMKTS:AABB) – Another stock that may be looked into at this point is of Asia Broadband Inc, which went through a steep selloff and ended up with a decline of 9% for the day on Friday. There was no news about the company on Friday but back on June 28, Asia Broadband announced that it was going to distribute a restricted common share dividend on September 15, 2022. Shareholders were going to get 1 dividend share for each block of 100 shares that they owned.
Healthier Choices Management Corp (OTCMKTS:HCMC) – Last but not least, Healthier Choices Management Corp may be the one to look into. It was in the middle of a selloff last Friday and ended up with a decline of as much as 25% for the day.
On July 6, the company announced that it was going to launch a publicity campaign to bring its healthy-based IV services to the local Boston community.
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.
