Why WANG & LEE GROUP, Inc. (WLGS) Is Soaring This Year So Far

We recently compiled a list of the 10 Micro and Small-Cap Firms Drive Year-to-Date Gains. In this article, we are going to take a look at where WANG & LEE GROUP, Inc. (NASDAQ:WLGS) stands against the other micro and small-cap stocks.

Nine micro-cap companies and one small-cap firm have been the standout performers on the stock market year-to-date, having registered whopping gains between 200 to 1,200 percent since the start of the year.

The list was based on the firms’ share price data from the companies’ closing prices on December 31—the last trading day of 2024—to February 14, 2025.

We classify micro-cap companies as those with a market capitalization below $300 million, and small-cap firms as those with a market capitalization below $1 billion.

Aerial view of a construction site for a single family detached home.

WANG & LEE GROUP, Inc. (NASDAQ:WLGS)

WANG & LEE GROUP, Inc. (NASDAQ:WLGS) surged by 277.8 percent year-to-date, ending Friday’s trading at $6.65 apiece versus the $1.76 registered on December 31, as investors cheered news of various partnership agreements in Hong Kong.

WANG & LEE GROUP, Inc. (NASDAQ:WLGS), a construction contractor company with a market capitalization of $100.37 million, registered its highest price of $8.6 on February 10, marking a 388.6-percent surge from December 31.

Last week alone, WANG & LEE GROUP, Inc. (NASDAQ:WLGS) announced that it clinched two partnership deals—with Jinshan Hi-Tech Group for Innovative Waste Treatment Solutions, and with City University of Hong Kong for a Kinetic Energy Project.

According to WANG & LEE GROUP, Inc. (NASDAQ:WLGS), its partnership with Jinshan would address domestic waste treatment in Hong Kong by combining WLGS’ green energy expertise and ESG solutions supported by Jinshan’s innovative technologies.

Meanwhile, it also partnered with the City University for the research and development of kinetic technology which aims to transform energy generated by a single footstep into renewable power via state-of-the-art energized panels.

Overall WLGS ranks 5th on our list of the top micro and small-cap firms this year so far. While we acknowledge the potential of WLGS as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than WLGS 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 Complete List of 59 AI Companies Under $2 Billion in Market Cap.

Disclosure: None. This article is originally published at Insider Monkey.