1. KULR Technology Group, Inc. (NYSEAMERICAN:KULR)
Price momentum over the past year: 1073.33%
KULR Technology Group, Inc. (NYSEAMERICAN:KULR) is a California-based company that develops and markets thermal management technologies for electronics and batteries, among other component applications. The core offerings of the company include cell checks, lithium-ion battery thermal runaway shields, automated battery cell screening and test systems, internal short circuit devices, and CRUX cathodes. The innovative technologies are leveraged mainly in electric vehicles, energy storage, cloud computing, 5G communication devices, and battery recycling transportation. Founded in 2013, the company claims to provide sustainable energy storage and thermal management solutions.
Ever since KULR Technology Group, Inc. (NYSEAMERICAN:KULR) announced its strategic initiatives, the stock has gone up. In just a year, KULR witnessed a surge of over 1000%, a value that isn’t something ordinary.
Just recently, the company unveiled that a renowned private U.S. space company has secured its NASA-certified M35A battery cells for integration into their spaceflight program. These cells are already a part of KULR Technology Group, Inc. (NYSEAMERICAN:KULR)’s 400-watt-hour K1 Space battery, due to be completed within the month of March, and scheduled for NASA safety board review soon after.
Similarly, last month KULR Technology Group, Inc. (NYSEAMERICAN:KULR) disclosed a strategic partnership with Worksport Ltd. to advance battery technology and strengthen domestic manufacturing. With a focus on three areas: joint battery pack development, thermal runaway protection, and AI-integrated battery management system software design, the company is positioning itself to expand its revenue streams.
KULR Technology Group, Inc. (NYSEAMERICAN:KULR), with the help of its partnerships, is set for growth in the years to come. A testament to this is the company’s recent price appreciation and collaboration with federal agencies. The company is now capitalizing on the demand for AI infrastructure, particularly with its potential involvement in the talk of the town, The Stargate project.
Overall, KULR Technology Group, Inc. (NYSEAMERICAN:KULR) ranks first on our list of the best stocks to buy for the stock market game. While we acknowledge the potential of KULR to grow, our conviction lies in the belief that certain 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 KULR but that 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 30 Best Stocks to Buy Now According to Billionaires.
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