After December’s CPI data revealed slowing inflation, the bulls successfully pushed the S&P 500 back above its 200-day moving average last week.
Though Tuesday’s trading session started with some uncertainty, the market landscape for 2023 does seem to be trending back towards a favorable position for investors, which means that interest in penny stocks will also begin to rise.
Although finding stocks on the OTC market can frequently be challenging, investors continue to be interested because there is always a chance of finding and picking a big winner.
These are four stocks that have performed well to start off the new year.
American Battery Technology Company (OTC: AMBL) is a technology and battery materials company that engages in the development and marketing of lithium-ion batteries.
AMBL also develops and commercializes technologies for the extraction of battery metals as well as commercializes integrated processes for recycling lithium-ion batteries.
Over the past two years, with the help of a new team and management, American Battery Technology Company has developed into an integrated battery materials supply company from its beginnings as a business with a few mining claims in Nevada.
AMBL is in a favorable market that is predicted to grow rapidly in the next decade. The market for lithium-ion batteries is expected to reach a value of USD 135.1 billion by 2031. This fast-growing sector is being driven by the higher adoption of lithium-ion batteries in the renewable energy sector and the growing prevalence of plug-in vehicles.
Last week, on the 11th, the company filed an 8-K, and in the following week of trading, it has been a focus of investor interest.
AMBL finished Tuesday’s trading session 9.23% up at a share price of $0.58. With a few solid days in a row, investors should pay attention for the rest of the week.
BioLife Sciences Inc. (OTC: BLFE) is a commercialization accelerator, licensor, and developer of innovative and disruptive technologies. They offer a wide range of cutting-edge technologies in many fields, such as healthcare, food and drink, agriculture, and more. One of the more recent technologies that BLFE has introduced is their game-changing Copper-Infused Fabric Pot.
BioLife Science has created a process known as the MFusion Process. Through this procedure, copper ions are deeply infused into each fabric subbundle and attached to each fiber strand. A significant improvement over most current copper textiles, which may only have 5% copper coverage, this translates to 100% copper coverage.
The Copper Fabric Pot is the first product from the company’s recently announced horticultural and agriculture division, which will use cutting-edge MFusion Fabric technology to disrupt the gardening industry.
A recent report projects that between now and 2026, the market for landscaping and gardening will increase by $6.6 billion. A portion of that growth can be attributed to the rise in home gardening among those adopting sustainable lifestyles. More people than ever before are cultivating plants and food in their own homes.
Due to its dual functionality as a fungicide and an antibiotic, the copper in the fabric pot is ideal for the home gardener. Powdery mildew, gray mold, foliar fungus, downy mildew, black spot, fire blight, anthracnose, and septoria leaf spot are just a few of the harmful bacteria that it kills or limits while encouraging the growth of helpful fungi and yeasts in the soil.
The Copper Infused Pot not only offers copper’s potent antimicrobial properties, but it also provides superior drainage, improved plant aeration, and improved air root pruning, all of which result in healthier and more resilient plants and crops.
The medical and recreational marijuana markets are two that could benefit significantly from the use of BLFE’s Copper Infused Pot.
The market size of the medical and recreational marijuana growing industries in the US has grown by 35.4% per year on average between 2017 and 2022. Cannabis plants grown in the Copper Infused Fabric Pot by BLFE have stronger plants and higher yields thanks to the potent properties of the copper ion. It has the potential to revolutionize the way cannabis is currently cultivated.
Cashmere Holding Company (OTC: DRCR) which is known as Swifty Global, is a technology company focused on creating ground-breaking solutions in the fintech and sports betting sectors.
The company’s products include:
– Swifty Predictions – is a platform for placing bets on live sports games. It allows for betting on multiple outcomes during a live game.
– Swifty Wallet – a crypto wallet that stores, tracks, and allows for the buying and selling of coins in one application.
In a recent press release, the company announced they had canceled 10,666,666 common shares. Tuesday’s trading session ended favorably for the stock as it saw 16.66% gains to $0.32. With the sports betting market predicted to grow over the next decade, DRCR is worth watching.
Pervasip Corp. (OTC: PVSP) is a diversified company focused on developing and investing in companies and technologies in the high-value marketspaces of cannabis and medical fungi.
PVSP is the owner of Artizen Corporation and its subsidiary, Zen Asset Management LLC, which it uses to focus on the cannabis industry. Pervasip additionally owns 5% of KRTL Biotech, Inc., a developer of pharmaceutical applications for cannabinol and psilocybin.
On the 17th, PVSP announced that it will spin-off 100% of its wholly-owned subsidiary, Artizen Corporation, as a separate public company. The company anticipates a record date between July 1, 2023, and September 30, 2023. As a result, the company saw investor interest on Tuesday, the 18th, finishing the day up 14.29%.
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