There are a number of stocks that trade for a few cents in the stock markets and every day plenty of investors show an interest in these stocks. However, there are some stocks in that category that may actually be undervalued and hence, could go on to generate gains in the future. It may be a good idea for investors to take an interest in those stocks and this article is going to present to you SIX undervalued stocks trading for a few cents which may be worth tracking at this point.
BioLife Sciences Inc (OTCMKTS:BLFE) – The first one to make it to this list is the BioLife Sciences Inc stock. The company was in the news back on August 24 when it announced that it was going to move into the disruptive hemp products space through an expansion of its orthomolecular medicine and natural health products unit. The products will be innovative ones and are going to be centered around industrial hemp which is grown in North America and tested by third parties.
CECORS Inc (OTCMKTS: CEOS) – Another one worth looking into now is CECORS Inc, which made a significant new announcement back on September 7 through its fully owned subsidiary unit PsyKey Inc. It was announced at the time that PsyKey had been successful in completing the beta version of the PSYKEY LIVE App.
The app has been created by PsyKey in order to make access to mental health support services more efficient for those who need it. It is a rapidly growing market and the product could prove to be an effective one.
Hero Technologies Inc (OTCMKTS: HENC) – Hero Technologies could well be a company to watch in the cannabis sector at this point considering its big plans for the future. The company is looking to form a vertically integrated operation and to that end, it is making bold moves.
Earlier this week, the company announced that it was looking to acquire land aggressively in the state of Michigan. Hero announced that it was looking to acquire as much as 10 acres of land in the state for its seed-to-sale vertical integration initiative.
Gaensel Energy Group (OTCMKTS: GEGR) – While it is true that the Gaensel Energy Group is a diversified company with a wide range of interests, it is also important for investors to keep in mind that the company is also heavily involved in the energy sector.
There has been no news about the company in recent times. However, back on July 29, it announced that its unit Metro VR Studios had announced the initial list of PCVR and VR titles that will be launched early next year.
Hydro Power Technologies (OTCMKTS:PYBX) develops and delivers innovative green hydropower technology solutions that is cost-effective. It’s a proprietary hydraulic transient control valve system called Hammer1 System to propel impact turbine-driven electrical generators. Clean, Safe, and Renewable Technology.
In addition to that, the company has also managed to develop a system that can raise the power output from an impact turbine hydro generation system. The last time the company was actually in the news was back in September last year when it came up with a corporate update with regards to one of its projects.
Mass Megawatts (OTCMKTS: MMMW) – Yesterday Mass Megawatts was in the news after it made a major announcement with regards to a key project. The company announced that it had set a deadline of 2023 for the completion of its 500 kW project in the state of Pennsylvania. The project is going to be developed with the deployment of the company’s solar tracker, which is still at a patent pending stage.
