Many investors seek profit opportunities by identifying stocks with strong momentum. These are the stocks that can swiftly climb and offer potential gains over multiple trading sessions.
Now, let’s explore four stocks that carried momentum through last week and could deserve a spot on your watchlist.
Let’s take a look at Sekur Private Data Ltd. (OTC:SWISF), a key player in the cybersecurity and internet privacy sectors. Over the last five days, the stock has shown a noteworthy 20.03% increase, now trading at $0.14 USD.
Sekur Private Data Ltd. recently made a significant announcement regarding its flagship product, SekurVPN, known for its Swiss-hosted secure communication solutions. The company reported a remarkable surge in new subscriber signups, boasting month-over-month growth.
In an era of increasing cyber threats and digital identity theft, SekurVPN’s popularity is on the rise. The company’s commitment to enhancing its VPN solution, including plans to introduce IPv6, the next-generation Internet Protocol, has attracted attention.
SekurVPN stands out for its strong focus on user privacy, operating its own proprietary infrastructure, ensuring exclusive use of its servers, and routing. This approach guarantees the protection of users’ personal data. Additionally, SekurVPN does not monitor user activity or share data with third-party providers, enhancing its appeal as a pure VPN service.
The recent surge in SekurVPN signups coincides with a substantial increase in website traffic on Sekur.com. Website traffic has risen by approximately 100% in the last month and an impressive 650% in the last two weeks, underscoring Sekur’s growing market presence.
Alain Ghiai, CEO of Sekur Private Data, expressed satisfaction with the results, emphasizing the company’s mission to provide private and secure communications free from data mining and external influences. Ghiai mentioned that the results do not yet reflect the full-scale launch, as the company has just completed a prelaunch and is testing the waters. A big success is anticipated once they launch on social media and digital paid media.
Sekur Private Data Ltd. appears poised for potential growth, with a diverse range of bundles and the recent additions of SekurVoice and SekurPRO. Investors may want to keep an eye on the company’s progress as it positions itself in the market.
Yuengling’s Ice Cream Corporation (OTC:YCRM) boasts a rich history that dates back to its founding in 1920 by American businessman Frank D. Yuengling. Initially conceived to support the family brewery during the Prohibition era, the ice cream venture eventually spun off as a separate entity in 1935. Nestled in central Pennsylvania, Yuengling’s has maintained a tradition of crafting exceptional gourmet ice cream products.
In recent weeks, Yuengling’s Ice Cream Corporation has been in the spotlight due to significant financial matters. On September 6, 2023, the company made a noteworthy announcement: it had successfully settled and repaid two existing convertible promissory notes. One of these notes was owed to 1800 Diagonal Lending, LLC, while the other was owed to Quick Capital, LLC. The total sum of these payments amounted to $13,500 and $22,000, respectively. These payments were executed in accordance with agreements, effectively eliminating the associated debt. Consequently, all parties involved no longer have any rights or obligations pertaining to this debt.
Yuengling’s Ice Cream Corporation intends to include these transactions in its upcoming Form 10-Q filing. Furthermore, the company’s previously announced business combination with PickleJar Holdings is progressing as planned. Yuengling’s plans to provide additional updates concerning the definitive agreement and closing date, with a target date set on or before September 30, 2023.
More recently, on September 19, 2023, Yuengling’s Ice Cream Corporation reported its earnings results for the third quarter and the nine months ending on July 31, 2023. For the third quarter, the company reported sales of USD 0.00002 million. However, the noteworthy figure was the net loss of USD 0.248835 million, compared to USD 0.066354 million for the same period a year ago.
Looking at the nine-month period, sales also stood at USD 0.00002 million, with a net loss of USD 0.558452 million, compared to USD 0.286816 million a year ago.
Taking a look at market activity, over the last five days, OTC:YCRM has seen significant movement, with the stock price increasing by a remarkable 74.88%. This surge in stock price suggests heightened investor interest and activity surrounding Yuengling’s Ice Cream Corporation.
Alpha Lithium Corp. (OTC:APHLF) has caught the attention of savvy investors due to its recent noteworthy performance in the market.
Over the past five days, Alpha Lithium Corp. has demonstrated remarkable momentum, with its stock price surging by 4.74%. This surge has prompted a closer look at the company’s recent developments and news updates.
On September 21, 2023, Alpha Lithium Corporation filed the results of a preliminary economic assessment (PEA #2) for its Tolillar lithium brine project in Argentina. This update revealed a compelling after-tax NPV of C$2.3 billion, an 8% discount rate, and an impressive IRR of 25.6%. The assessment is based on the extensive lithium resources outlined in the August 2023 Resource Estimate, which identified 3.6 million metric tons of indicated lithium carbonate equivalent (LCE) and 1.4 million metric tons of inferred LCE. With a payback period of just 3.7 years from the start of production and cumulative free cash flow projected at US$8.2 billion over a 35-year production life, Alpha Lithium’s Tolillar project is drawing considerable attention.
The update also mentioned that Alpha Lithium’s strategic review process remains active, with discussions involving multiple multinational parties. Despite a hostile bid from Tecpetrol, Alpha’s board of directors has recommended that shareholders reject the offer, emphasizing the company’s long-term potential and the insufficiency of the bid.
Alpha Lithium’s recent momentum in the market, combined with its significant updates, positions it as a company worth watching. As discussions with interested parties continue and the strategic review unfolds, Alpha Lithium’s future in the lithium industry holds promise.
Vaso Corporation (OTC:VASO) has recently displayed impressive momentum, with its stock price surging by 16.84% to reach 0.34 USD over the past five days. While the company hasn’t issued any recent news, let’s explore their financial filing from last month.
Vaso Corporation is a diversified medical technology company that has recently caught the eye of momentum-seeking investors.
VASO specializes in several key areas within the medical technology industry, including managed IT systems and services, healthcare software solutions, network connectivity services, professional sales services for medical equipment, and the design, manufacture, and sale of proprietary medical devices.
Recent financial reports from Vaso Corporation paint a positive picture. In the quarter ended June 30, 2023, the company reported a total revenue of $20.4 million, showing a remarkable 5% growth compared to the same period last year. Dr. Jun Ma, President and Chief Executive Officer of Vaso Corporation, expressed his satisfaction with the company’s performance. The quarter witnessed a 13% year-over-year increase in gross profit, reaching $12.8 million. Furthermore, quarterly net income saw a significant uptick, reaching $2.1 million, making it the most profitable second quarter in the company’s history.
Vaso Corporation’s positive cash flow from operating activities amounted to $8.0 million during the second quarter of 2023. The company’s balance sheet remains robust, with $26.1 million in cash, cash equivalents, and short-term investments as of June 30, 2023, compared to $15.9 million a year earlier. Total deferred revenue also reached a historical high of $33.6 million at the end of the second quarter.
Vaso Corporation’s recent impressive momentum and financial performance make it a stock worth watching for investors seeking opportunities in companies on the move.
Disclaimers:CapitalGainsReport (CGR) is not operated by a licensed broker, a dealer, or a registered investment adviser. This content is for informational purposes only and is not intended to be investment advice. The Private Securities Litigation Reform Act of 1995 provides investors a safe harbor in regard to forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions, or future events or performance that are not statements of historical fact may be forward-looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through use of words such as projects, foresee, expects, will, anticipates, estimates, believes, understands, or that by statements indicating certain actions & quote; may, could, or might occur. Understand there is no guarantee past performance will be indicative of future results. Investing in micro-cap and growth securities is highly speculative and carries an extremely high degree of risk. It is possible that an investors investment may be lost or impaired due to the speculative nature of the companies profiled. CapitalGainsReport (CGR) is owned by RazorPitch Inc. and has been retained by Sekur Private Data Ltd. to assist in the production and distribution of content related to SWISF. ‘CGR’ is responsible for the production and distribution of this content. It should be expressly understood that under no circumstances does any information published herein represent a recommendation to buy or sell a security. This content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained in this article constitutes a solicitation, recommendation, endorsement, or offer by CapitalGainsReport/RazorPitch or any third party service provider to buy or sell any securities or other financial instruments. All content in this article is information of a general nature and does not address the circumstances of any particular individual or entity. Nothing in this article constitutes professional and/or financial advice, nor does any information in the article constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. CGR/RazorPitch is not a fiduciary by virtue of any persons use of or access to this content.
Media Contact
Company Name: Capital Gains Report
Contact Person: Mark McKelvie
Email: Send Email
City: NAPLES
State: FLORIDA
Country: United States
Website: https://capitalgainsreport.com/