10 Micro-, Small-Cap Firms Were Last Week’s Top Performers

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1. Visionary Holdings Inc. (NASDAQ:GV)

Visionary Holdings soared further on Friday to clock in a 317-percent jump in share price week-on-week at $6.05 apiece versus $1.45 on February 28.

The performance followed news that it reached a $1-billion financing consent letter with the Alfardan Group of Qatar to accelerate research, development, and global expansion of its PEGASUS new energy vehicles.

While details of the financing were not divulged, investors took heart on the recently clinched financing’s potential to support and bolster the company’s business growth.

In the past three trading days alone, GV’s stock price already surged by 260 percent.

Headquartered in Toronto, GV recently announced that it officially launched PEGASUS and that it aims for the latter to be the number one brand in the automotive industry ecosystem of an independently developed brand in Canada.

While we acknowledge the potential of GV as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than GV but trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and Complete List of 59 AI Companies Under $2 Billion in Market Cap

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