It is often noticed that investors often prefer stocks that might be gaining momentum and one such stock that has gained momentum in recent days is the TPT Global Tech Inc (OTC: TPTW) stock.
Over the course of the past week alone, the stock has rallied by as much as 50% and it is exactly the sort of situation in which one might consider getting a look into the recent developments. The rally could be related to a major announcement from the company with regards to its subsidiary company TPT MedTech.
Back on January 27, it was announced that the two technology platforms “QuikLAB” and “QuikPASS” from TPT MedTech had been selected as a ‘Check and Verify’ passport platform for visitors going in and out of Jamaica. It is a significant development for the company and one that could put its products on the map in a big way. Hence, the optimism about the TPT Global Teck stock is understandable. It might be a good idea for investors to keep an eye on the stock over the coming days.