Momentum stocks are often worth following considering the fact that those stocks could continue to deliver gains in the short term. This morning, it may be a good idea for investors to take a look at some of the stocks which may have gained strong momentum. Here is a quick look at three such stocks which may be worth looking into.
Wearable Health Solutions Inc (OTCMKTS:WHSI) – The wearable medical devices industry has managed to grow at a remarkable rate over the course of the past few years and if you are looking for options in the sector, then you could do well to take a look at Wearable Health Solutions Inc.
It is a relatively small company compared to the many behemoths which it is competing with, however, it should be noted that Wearable Health Solutions has already managed to bring many of its products into the market. More importantly, it is working towards bringing more products into the market, and last week the company made an announcement to that effect.
Back on July 14, Wearable Health Solutions announced that Wearable Health Solutions was readying to launch its latest ecosystem of products as well as services for vendors and dealers at some point next month. The announcement had been made by Peter Pizzino, who is the President of the company.
Pizzino expanded on the sort of products that are going to be offered as part of the ecosystem. The products include a docking station, a 4G device, accessories, and vital wrist bands. In addition, a new 4G mobile alarm is also going to be offered that is going to be perfectly suitable to all needs of any customer.
Bell Buckle Holdings Inc (OTCMKTS:BLLB) – The Bell Buckle Holdings Inc stock has been on the radars of investors for quite some time and yesterday, the stock was on the move as it ended the day with gains of as much as 6%.
The last time the company was in the news was back on July 12 when it made an announcement with regards to the performance of its new acquisition Jump Start Sports during the first half of the year. Bell Buckle Holdings announced that Jump Start managed to generate revenues to the tune of $949,325 in the first six months of 2022 to go along with profits of $564,954.
ZA Group Inc (OTCMKTS:ZAAG) – The other OTC Markets stock that may be looked into this morning is that of ZA Group Inc. Although the stock tanked by as much as 50% on Monday, it should be noted that recovery of any kind may lead to a significant pop.
It is, however, necessary to keep in mind that the company does not have any major operations and is currently focused on acquiring businesses in order to expand its portfolio. The company had actually been established back in 1997 and is currently based out of Oakland Park in Florida.
Dragon Life Holdings Group Inc (OTCMKTS:NOHO) – There was no news about Dragon Life Holdings Group Inc on Monday but it did not stop the stock from falling by as much as 30% amidst a heavy selloff. It is a company that is known as a regional internet service provider and in addition to internet access, it also offers email and other associated services to its customers in the United States. It had been founded back in 1998 and is based out of New York.
Global Entertainment Holdings Inc (OTCMKTS:GBHL) – If you are looking for momentum stocks this morning then the Global Entertainment Holdings Inc stock could well be one to watch out for. Yesterday, the stock was in the middle of a strong rally and ended up with gains of as much as 13% despite there being no news.
The company is involved in the entertainment content distribution and production space. It seeks to connect the audiences to the content through social media platforms and motion picture productions.
RushNet Inc (OTCMKTS:RSHN) – There has been no news about RushNet Inc lately but the stock has gained momentum nonetheless.
The last time the company was in the news was back on July 11 when it announced that it had gone into collaboration with Scitek Diagnostics. Scitek is going to use the AutoUA reagent from RushNet for the purpose of tackling Kidney Disease and related conditions.
