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Two Small-Cap Companies Showing Significant Gains

It’s no secret that small-cap stocks have been performing well recently. With the iShares Russell 2000 ETF (NYSE: IWM) up nearly 10% for the quarter and the overall market trading near 52-week highs, investors have been favoring higher-risk stocks like small caps. Two small-cap companies, Vinco Ventures and Guardforce AI, have experienced significant growth recently, almost doubling in market value last week.

Vinco Ventures has been showing positive momentum in the past month, while Guardforce AI gained traction after partnering to launch a new robotic security solution.

Investors should exercise caution and conduct thorough due diligence due to the volatile nature of small-cap stocks. However, keeping an eye on the technical trends and volume of Vinco Ventures (NASDAQ: BBIG) and Guardforce AI (NASDAQ: GFAI) could offer potential opportunities.

Vinco Ventures is a media and technology company based in the United States. The company specializes in developing and licensing intellectual property in the entertainment industry. Vinco has several potential growth opportunities and a development pipeline of new products and services. The stock has seen a significant surge in the past month, but it remains in negative territory for the year. It will be important to watch if the stock can continue to trade above the downtrend and consolidate its recent gains.

Guardforce AI is a leading provider of comprehensive cash solutions and handling services in Thailand. The company is expanding its offerings to include AI and robotic solutions, aiming to enhance operational efficiency and establish a prominent presence in the Asia Pacific region. The stock price soared after announcing a partnership to launch a new robotic security solution in Singapore. Investors should conduct thorough due diligence before considering an investment in Guardforce AI and watch for signs of the stock’s trend shifting positively.

It’s important to note that investing in small-cap stocks carries risks, and it’s essential to stay informed and consider all available information before making any investment decisions.

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