Identifying stocks with strong momentum can unlock possibilities for riding the wave of positive price action. While it's important to remember that past performance doesn't guarantee future results, stocks displaying upward momentum tend to pique investor interest and hold the potential for favorable returns. By diligently tracking stocks, investors can remain informed about evolving market conditions and be well-positioned to capitalize on promising short-term opportunities.
Several stocks have caught the attention of investors due to their notable positive movements. Here are a few that stand out and could be worthy of watching as potential opportunities unfold.
Epazz Inc. (OTC: EPAZ)
EPAZ, an emerging player in the drone technology market, experienced a steady rise on Friday with a 2.35% increase in its stock price. This upward correction could be a reflection of the company's resilience and presents a promising opportunity for building momentum towards future growth.
Through its subsidiary, ZenaDrone, EPAZ announced on July 12th the successful securing of asset-based funding for the manufacturing and deployment of 20 ZenaDrone 1000s. This achievement sets the stage for Drone as a Service (DaaS) operations. With the advanced drones equipped with high-quality cameras and autonomous flight capabilities, EPAZ's projected substantial annual revenues of over $100,000 per unit
The deployment of ZenaDrone 1000s in Ireland caters to diverse sectors, including agriculture, businesses, and government agencies. These drones enable precision agriculture applications, empowering Irish farmers to monitor plant health and optimize weed control, ultimately enhancing productivity. Furthermore, ZenaDrone's integration into emergency response systems supports first responders such as police forces and fire departments.
Epazz is strategically positioned to capitalize on the lucrative opportunities within the drone services market. With a projected market size of $189.4 billion by 2030 and a remarkable Compound Annual Growth Rate (CAGR) of 38.9%, the company's innovative drone solutions are poised for success.
Epazz continues to pursue expansion and market penetration beyond Ireland, actively seeking customers throughout Europe. Additionally, the company has plans to expand its DaaS operations into Germany, further solidifying its growth strategy. Epazz and ZenaDrone have gained recognition across various sectors, including the military, agriculture, and commercial industries, through their disruptive drone technologies and emphasis on intellectual property rights.
Canoo Inc. (NASDAQ: GOEV)
GOEV is an advanced mobility company striving to make electric vehicles (EVs) accessible to all. Over the last 5 days, the stock has experienced a notable increase of 10.64%.
Last week, Canoo announced the expansion of its partnership with the U.S. Department of Defense's Defense Innovation Unit (DIU). This collaboration aims to further develop a high-power battery pack utilizing Canoo's patented technology. The successful testing and analysis of Canoo's proprietary technology by the DIU since February 2023 has led to a significant expansion of the partnership. This development highlights Canoo's technological and operational reliability, positioning the company as a trusted partner for demanding projects within the U.S. government.
Additionally, Canoo's advanced commercial battery and integration expertise have allowed them to deliver a technologically advanced battery pack that can be scaled for use on military platforms. This achievement sets the stage for the standardization of energy dense lithium batteries for the U.S. Navy and contributes to strategic energy resilience.
On July 12, Canoo announced that it had successfully delivered three Crew Transportation Vehicles (CTVs) to NASA's Kennedy Space Center for the Artemis lunar missions. These zero-emission vehicles, specifically designed for mission crew transportation, will transport astronauts to the launch pad for the upcoming Artemis missions. The timely delivery of the CTVs showcases Canoo's commitment to supporting NASA's deep space exploration goals and solidifies their position as a key player in the advanced mobility sector.
Overall, Canoo's positive stock performance over the last five days reflects the company's significant achievements, including expanding its partnership with the Department of Defense and successfully delivering vehicles to NASA.
Imperalis Holding Corp. (OTC: IMHC)
IMHC operating as TurnOnGreen, is committed to delivering innovative power products.
On July 13, Ault Alliance, Inc. (NYSE American: AULT) announced the second partial distribution of TOG Securities from (OTC: IMHC). The distribution, scheduled for completion on August 7, 2023, will provide stockholders with fifteen shares of TurnOnGreen common stock and warrants to purchase fifteen shares of TurnOnGreen common stock for each share of Ault Alliance common stock they own. The distribution is a testament to Ault Alliance's commitment to delivering value to its shareholders.
Additionally, on July 14, IMHC announced, In collaboration with Key Solar LLC, has begun deploying FSP1200 120kW DC Fast Charging (DCFC) units for Key Solar. The first installation is planned for Tuscan Village in Salem, New Hampshire, aiming to offer convenient access to high-powered charging solutions for electric vehicle (EV) drivers in the region.
TurnOnGreen's strategic partnerships with solar installation companies in the Northeastern United States underscore its growth strategy and commitment to sustainable growth. The company's scalable EV charging solutions, advanced management software, and network services empower municipalities, businesses, and homeowners to track, monetize, and report EV charger usage. With the rising demand for accessible and reliable charging infrastructure, TurnOnGreen is prepared to meet the needs of the growing EV market in the Northeastern region.
Phunware, Inc. (NASDAQ: PHUN)
PHUN is a pioneering provider of location based SaaS (Software as a Service) solutions, offering a fully integrated enterprise cloud platform for mobile. The company's innovative Software Development Kits (SDKs) encompass a wide range of services such as location-based services, mobile engagement, content management, messaging, advertising, loyalty programs (PhunCoin & PhunToken), and analytics. Phunware's platform enables brands to engage, manage, and monetize users anywhere, providing them with category-defining mobile experiences.
In recent news, Phunware announced an inducement grant made to Mr. Troy Reisner, the company's new Chief Financial Officer. This grant, consisting of 600,000 restricted stock units, was issued under Phunware's 2023 Inducement Plan, approved by the Board of Directors on June 30, 2023. The grant aligns with Nasdaq Listing Rule 5635(c)(4), as it serves as an inducement to Mr. Reisner's employment with Phunware.
The restricted stock units are subject to a vesting schedule, with one-third of the units vesting on the first anniversary of Mr. Reisner's employment and the remaining units vesting in equal annual installments thereafter, contingent upon his continued employment with the company.
Phunware's inducement grant to its new CFO reflects the company's commitment to attracting top talent and strengthening its leadership team. With its comprehensive enterprise cloud platform for mobile, Phunware continues to empower brands globally to create engaging and monetizable mobile experiences, serving approximately one billion active devices each month.
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 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 investor's 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 Epazz Inc. to assist in the production and distribution of content. '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. Please visit CapitalGainsReport.com/Disclaimer for full disclaimer.
CONTACT: CapitalGainsReport
Mark McKelvie
Editor
Markrmckelvie@gmail.com
585-301-7700
.
EPAZZ, INC. 
