If there is one sector that has consistently churned out wealth for investors over the course of the past many decades then it is the tech sector and hence, despite the weakness in the markets, there is considerable interest in tech stocks. There are many tech stocks that have managed to create enormous wealth for investors over the long term and this article is going to give you a quick look into five tech stocks that may be worth watching at this point in time. It could be a good idea to add these stocks to your watch list.
Kaival Brands Innovations Group Inc (NASDAQ:KAVL) – In recent days, the Kaival Brands Innovations Group Inc stock has been gaining momentum and it may be a good time for investors to start taking an interest. It announced its financial results for the third fiscal quarter that ended on July 31, 2022 back on September 12.
The company managed to bring in revenues of $3.8 million, which was higher than the revenues of $3.2 million in the prior year period. Gross profits for the quarter came in at $442,100 and that was again higher than the $84,300 in gross profits in the prior year period.
Signal Advance Inc (OTCMKTS:SIGL) – Another interesting tech company that may stoke the interest of investors at this point is Signal Advance Inc. It is involved in the tech development and engineering research spaces.
The company is best known for its Signal Advance technology which helps in cutting down signal detection delays related to physical sensors and also improves response times considerably. The company had been established back in 1992 and is based out of Rosharon in Texas.
General Enterprise Ventures Inc (OTCMKTS: GEVI) – The next one that you could keep an eye on is the General Enterprise Ventures Inc stock. The company is currently best known for the work that is being accomplished by its subsidiary unit Mighty Fire Breaker (MFB). MFB has managed to come up with a ‘green’ fire fighting product named MFB 31 CitroTech.
However, more importantly, it is important to keep in mind that it is the first fire fighting product of its kind in the United States to have been awarded an approval by the Environmental Protection Agency. The product has been included in the ‘Safer Choice Program’ of the agency.
Bebuzee Inc (OTCMKTS: ENGA) – Another tech firm that may be of considerable interest to investors at this point in time is Bebuzee Inc. The company is currently working on the launch of a Super App in Europe and the United States, which is currently only used in China. It is believed that the launch of the aforementioned app could well prove to be a significantly disruptive event.
Pressure BioSciences Inc (OTCMKTS:PBIO) – Pressure BioSciences Inc is involved in the development of pressure based instruments which can be deployed across several industries. Earlier on in the month, the company announced that it was going to participate in the Development of a New Generation of Skincare Products that was going to be held on October 13. That was a significant announcement considering the fact that such events almost always lead to positive publicity for a company.