Tuesday’s consumer inflation report could hold more sway for markets and even help set the central bank’s agenda. The consumer price index is unlikely to impact the Fed’s decision to raise rates by a widely anticipated half percentage point Wednesday. But it could influence the post-meeting tone, both in the Federal Open Market Committee’s statement and in how Fed Chairman Jerome Powell describes the central bank’s battle with inflation at the end of the two-day meeting.
Stocks that performed well last week include Campbell Soup (NYSE: CPB) which added 5.2% and hit a 52-week high Friday. Hershey (NYSE: HSY) added 2.7% after UBS analyst Cody Ross upgraded the candy giant to buy from neutral on Wednesday, predicting its strong performance in 2022 could extend into the next year. Dexcom (NASDAQ: DXCM) gained 3.1% last week through Friday’s opening. The stock is more favored on Wall Street, with 65% of analysts giving it a buy rating with an average upside of 2.5%. Evergy (NYSE: EVRG), a Kansas City-based utility company was up 6.1%.
Our last alert Maison Luxe Inc (MASN) registered double-digit gains on Thursday and Friday. For this week, we would like to draw your attention to Kaival Brands Innovations Group (NASDAQ: KAVL).
Investment Highlights: Electronic nicotine delivery system market
On Dec 7th, Kaival Brands Innovations Group, Inc. (NASDAQ: KAVL) announced that Kaival Marking Services (“KMS”), the third-party vendor responsible for executing Kaival Brands’ marketing and sales strategies, has hired Dean Simmons, a former Vice President of Sales of Swisher International, in preparation for an expected resurgence of revenue growth following a pivotal legal victory for Bidi Vapor this past summer. Eric Mosser, President and Chief Operating Officer of Kaival Brands, stated, "We applaud KMS on strengthening their robust and accomplished marketing and sales team by securing top talent in the industry. KMS’s hiring of Mr. Simmons brings Kaival Brands more ability to rapidly grow sales, so we look forward to all that Dean will achieve towards the goals set before KMS and contribute to our overall success.”“Adding Dean will allow KMS to maximize its market penetration potential quickly with several new retail customers that have been waiting to sell BIDI® Stick,” said Russell Quick, President of KMS, Jacksonville Beach, Fla. “Dean’s extensive leadership background in OTP, as well as his connections with top accounts here in the U.S., make him a valuable asset to our growing sales team.”
Recently, on November 15th, Kaival Brands Innovations Group, Inc. (NASDAQ: KAVL) announced it has reached a three-year extension agreement with QuikfillRx, LLC, the third-party vendor responsible for executing Kaival Brands’ marketing and sales strategies. As part of the agreement, QuikfillRx, LLC will be rebranded as Kaival Marketing Services (“KMS”) to more properly reflect the commitment of KMS to the success of Kaival Brands. (1)
On Sep 12th, Kaival Brands Innovations Group, Inc. (NASDAQ: KAVL) announced its financial results for the fiscal 2022 third quarter ended July 31, 2022. Revenues were $3.8 million in the third quarter of the fiscal year 2022, compared to $3.2 million in the same period of the fiscal year 2021. The company further stated that the revenues increased in the third quarter of fiscal 2022, as compared to the second quarter of fiscal 2022 and that it expects this trend to continue as renewed distribution ramps up and sales (2). Read more (Source 2).
2023 can be the breakout period for growth for Kaival Brands Innovations Group, Inc. (NASDAQ: KAVL). With an energized and focused KAVL team determined to turn ambition into marketing and financial success, paying attention to KAVL, and especially to the reasons why it can be a breakout star, maybe a wise and actionable investment consideration. And, knowing that millions of people want and hundreds of companies need the types of products KAVL sells, it could be a timely one, as well. As always, conduct your own due diligence and follow traders' vigilance.
For more info on KAVL, please watch the video below. Learn more about Kaival Brands at: https://ir.kaivalbrands.com/overview/default.aspx.
Video Link: https://www.youtube.com/embed/jwjXKTjYPAw
Source 1: https://finance.yahoo.com/news/kaival-brands-prepares-support-growth-131500981.html
Source 2: https://finance.yahoo.com/news/kaival-brands-reports-fiscal-2022-121500835.html
Source 3: https://finance.yahoo.com/news/kaival-marketing-services-hires-former-131500488.html
Other notable runners from last Friday include China Jo-Jo Drugstores Holdings Inc (NASDAQ: CJJD), Hello Group Inc (NASDAQ: MOMO), Baudax Bio Inc (NASDAQ: BXRX) and Ambrx Biopharma Inc - ADR(NYSE: AMAM)
About InvestorBrandMedia.com - The team at InvestorBrandMedia has decades of strategy-driven, extensive media experience in helping navigate our clients through the everchanging Digital Landscape. We specialize in a variety of marketing strategies that help promote our client visibility across multiple channels helping them expand their digital footprint in an ever-complex environment. InvestorBrandMedia.com specializes in ticker tagging services. Targeting the right audience is essential. Without effective distribution, a company's message will fall on deaf ears or play to an empty room. Our growing distribution network consists of a diverse network of finance-focused blogs and websites, producing a robust mix of organic and cultivated interest. Let us help you jumpstart a rich following of qualified leads you can build on. Ticker Tagging is the process wherein your company is included with other sector-related NASDAQ, NYSE, and AMEX companies showcasing your news within a ticker-tagged PR. The ticker tags are distributed to approximately 400 business and financial news portals including Benzinga, Yahoo, Google News, Digital Journal, and MarketWatch. Companies looking for IR/PR services can contact us directly at firstname.lastname@example.org or call us at (954) 593-5597.
Disclaimer: InvestorBrandMedia is not operated by a licensed broker, a dealer, or a registered investment adviser. It should be expressly understood that under no circumstances does any information published herein represent a recommendation to buy or sell a security. Our reports/releases are commercial advertisements and are for general information purposes ONLY. We are engaged in the business of marketing and advertising companies for monetary compensation. Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. The information made available in this article is not intended to be, nor does it constitute investment advice or recommendations. The contributors may buy and sell securities before and after any particular article, report, and publication. In no event shall InvestorBrandMedia be liable to any member, guest, or third party for any damages of any kind arising out of the use of any content or other material published or made available by InvestorBrandMedia ., including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information in this video, article, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. InvestorBrandMedia.com strongly urges you to conduct a complete and independent investigation of the respective companies and consideration of all pertinent risks. Readers are advised to review SEC periodic reports: Forms 10-Q, 10K, Form 8-K, insider reports, Forms 3, 4, 5 Schedule 13D. For some content, Investor Brand Media, its authors, contributors, or its agents, may be compensated for preparing research, video graphics, and editorial content. As part of that content, readers, subscribers, and website viewers are expected to read the full disclaimers and financial disclosures statement that can be found on our website by visiting InvestorBrandMedia.com/Disclaimer. The Private Securities Litigation Reform Act of 1995 provides investors a safe harbor in regard to forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions, or future events or performance are not statements of historical fact may be forward-looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties, which could cause actual results or events to differ materially from those presently anticipated. Forward-looking statements in this action may be identified through the use of words such as projects, foresee, expects, will, anticipates, estimates, believes, understands, or that by statements indicating certain actions & quotes; may, could, or might occur. Understand there is no guarantee past performance will be indicative of future results. Investing in micro-cap and growth securities is highly speculative and carries an extremely high degree of risk. It is possible that an investor's investment may be lost or impaired due to the speculative nature of the companies profiled. InvestorBrandMedia has been compensated thousand three hundred and seventy-five dollars by a 3rd party for the content, research, dissemination, and syndication pertaining to KAVL for a period of one week starting Dec 12th, 2022 to Dec 16th, 2022. We own zero shares of KAVL.
Company Name: Investor Brand Media
Contact Person: Ash K
Country: United States