Investors are often known to look for stocks that have gathered momentum in order to identify the ones that they may invest in and that is often a fairly sound rationale. The stock which gains momentum may sometimes get winds in its sails and continue to be in the middle of a rally regardless of other factors.
Hence, it may be a good idea for investors to track such stocks. This article is going to give you a glimpse into four stocks from the OTC Markets which have gained momentum and could be added to your watch lists today.
Real Brands Inc (OTCMKTS:RLBD) – The first company from the OTC Markets that makes it to the list is Real Brands Inc. The company had come into existence following a merger with the firm Canadian American Standard Hemp Inc.
The merger was a significant one considering the fact that it brought a whole lot of processes starting from industrial-scale hemp CBD extraction, processing, wholesaling, and production among others under one roof. It was a major coup and the merger had taken place back in 2020.
One of the more important things that is owned by the company is Halo 5, which is a form of proprietary extraction technology and could in fact prove to be one of the engines of Real Brands’ growth in the long term. As the hemp industry continued to grow, it may be a good time for investors to keep a close eye on Real Brands stock and its operations.
As it happens, there has not been any news about the company in recent times but back on June 2 this year, the company made a key announcement that you may look into.
At the time, the company had announced that it had inked a letter of intent with regards to the acquisition of all the assets belonging to Boulder Botanicals and Biosciences Laboratories Inc. Boulder Botanicals is involved in the manufacturing of private label as well as white label non-CBD and CBD products. It could well prove to be a major acquisition for the company and one that could help Real Brands in unlocking long-term value.
Vaycaychella Inc (OTCMKTS:VAYK) – The next penny stock that may be added to the watch lists for this week is that of Vaycaychella Inc. The stock was in significant focus among investors yesterday and ended up with gains of as much as 30% amidst heavy interest. However, there was no news about the company yesterday.
The last time it was in the news was back on July 26 when it announced that it was going to add new functions to its Peer to Peer Alternative Finance App. It remains to be seen if the stock can add to its gains today.
New America Energy Corp (OTCMKTS:NECA) – One of the OTC Markets stocks which moved in a big way yesterday was that of New America Energy Corp, which ended the day with gains of as much as 50%. The company, along with its subsidiary unit, Third Bench Holdings LLC recently announced its financial results for the period ended May 31, 2022.
In the nine-month period, the company managed to grow its revenues by as much as 40% to $14.8 million. Gross profits went up by 33% to hit $1.65 million.
Pressure BioSciences Inc (OTCMKTS:PBIO) – Pressure BioSciences Inc may not have been in the news yesterday but the pressure-based instruments manufacturer saw its stock end the day with gains of as much as 5%. The last time the company was in the news was back on July 21 when it announced that it had signed an agreement with North Star Holdings for a financial partnership with regard to the development of the company’s CBD spray. It remains to be seen if the stock can hold on to its momentum today.
Sixty Six Oilfield Services Inc (OTCMKTS:SSOF) – There was no news about Sixty Six Oilfield Services Inc on Thursday but the stock moved nonetheless and ended the day with gains of as much as 6%. The company is involved in renting out and selling heavy oil field equipment to the oil and natural gas industry worldwide and also in the United States. The company had been established in 1959 and is based out of Oklahoma City in Oklahoma.
CytoDyn Inc (OTCMKTS:CYDY) —The final stock to make it to the list is that of CytoDyn Inc which had ended up with gains of as much as 22% on Thursday. There was no news about CytoDyn yesterday but back on July 13 this year, the company announced that effective July 9, 2022, it had made Dr. Cyrus Arman its new President.