Vertical farming is a hot topic with significant productivity-based advantages. In fact, the industry is forecasted to grow by 24.1% annually until 2031, illustrating its potential. As a result, investors are looking into vertical farming stocks for massive returns. Given the above, I embarked on a journey to find three undervalued vertical farming stocks. I was aware that value and growth traps are prominent due to the industry’s immature state. As such, I applied a robust screening methodology, which look ...

Core Insights - The 2024 election is expected to significantly influence penny stocks through regulatory changes, market sentiment, and sector-specific movements [1][14]. Anticipated Regulatory Changes - Regulatory changes post-election can reshape the trading landscape for penny stocks, potentially enhancing market transparency and integrity [5][14]. - New regulations may increase disclosure requirements for penny stocks, leading to better-informed trading decisions and attracting more investors [5][6]. - Streamlined compliance procedures could result in a greater number of viable trading options, allowing investors to identify undervalued stocks with high return potential [6][7]. Shifting Market Sentiment - Market sentiment during election years can lead to heightened volatility in penny stocks, influenced by candidates' economic agendas [8][14]. - Optimism regarding favorable policies can drive interest in specific industries, such as renewable energy, resulting in increased buying activity for related penny stocks [8][9]. - Conversely, negative sentiments towards certain sectors may prompt investors to withdraw, creating opportunities for strategic trading [9][12]. Sector Changes - Election outcomes can create significant opportunities in specific sectors, as candidates often highlight industries they intend to support [10][15]. - Increased infrastructure spending proposed by candidates can boost penny stocks in construction and engineering [10][11]. - Advancements in technology policy may benefit penny stocks in sectors like cybersecurity and artificial intelligence, while healthcare-related stocks could attract attention due to anticipated regulatory shifts [11][12].

Agrify (NASDAQ:AGFY) stock is rocketing higher on Monday alongside heavy pre-market trading of the cannabis hardware and software cultivation company's shares. This has more than 17 million shares of AGFY stock changing hands as of this writing. That's well above the company's daily average trading volume of about 1.1 million shares. Investors will also note that Agrify's float is sitting at 7.17 million units. It's unclear what's causing this increased interest in AGFY stock. There are no new press release ...

TROY, Mich., June 11, 2024 (GLOBE NEWSWIRE) -- Agrify Corporation (Nasdaq: AGFY) ("Agrify" or the "Company"), a leading provider of innovative cultivation and extraction solutions for the cannabis industry, today announced the signing of a $500K Turnkey Hydrocarbon Extraction and Lab Equipment Package with Grotech Farms LLC ("Grotech" or the "Customer"), an annual licensed cannabis operator founded by Miriam Porter and partners. Grotech Farms has purchased Agrify's Turnkey PX10 Hydrocarbon Extraction and La ...

TROY, Mich., June 11, 2024 (GLOBE NEWSWIRE) -- Agrify Corporation (Nasdaq: AGFY) (“Agrify” or the “Company”), a leading provider of innovative cultivation and extraction solutions for the cannabis industry, today announced the signing of a $500K Turnkey Hydrocarbon Extraction and Lab Equipment Package with Grotech Farms LLC (“Grotech” or the “Customer”), an annual licensed cannabis operator founded by Miriam Porter and partners. Grotech Farms has purchased Agrify’s Turnkey PX10 Hydrocarbon Extraction and La ...

TROY, Mich., May 28, 2024 (GLOBE NEWSWIRE) -- Agrify Corporation (NASDAQ:AGFY) ("Agrify" or the "Company"), a leading provider of innovative cultivation and extraction solutions for the cannabis industry, today announced that after the recent $13.8 million debt-to-equity conversions by CP Acquisitions, LLC and GIC Acquisition, LLC, two entities affiliated with Raymond Chang, Chairman and CEO of Agrify, Agrify has received confirmation from Nasdaq that it has regained compliance with the stockholders' equity ...

TROY, Mich., May 22, 2024 (GLOBE NEWSWIRE) -- Agrify Corporation (NASDAQ:AGFY) ("Agrify" or the "Company"), a leading provider of innovative cultivation and extraction solutions for the cannabis industry, today announced an approximately $13.8 million debt-to-equity conversion by CP Acquisitions, LLC and GIC Acquisitions LLC. As a result of the conversion, the Company is expected to regain compliance with Nasdaq's Listing Rule, achieving stockholder's equity of at least $2.5 million as of the date of conver ...

TROY, Mich., May 22, 2024 (GLOBE NEWSWIRE) -- Agrify Corporation (Nasdaq: AGFY) (“Agrify” or the “Company”), a leading provider of innovative cultivation and extraction solutions for the cannabis industry, today announced an approximately $13.8 million debt-to-equity conversion by CP Acquisitions, LLC and GIC Acquisitions LLC. As a result of the conversion, the Company is expected to regain compliance with Nasdaq’s Listing Rule, achieving stockholder’s equity of at least $2.5 million as of the date of conve ...

Company achieves near break-even quarterly results TROY, Mich., May 21, 2024 (GLOBE NEWSWIRE) -- Agrify Corporation (NASDAQ:AGFY) ("Agrify" or the "Company"), a leading provider of innovative cultivation and extraction solutions for the cannabis industry, today announced financial results for the first quarter ended March 31, 2024. First Quarter 2024 Financial Results Summary Revenue was $2.6 million for the first quarter of 2024, compared to $5.8 million for the first quarter of 2023.Gross profit was $0.73 ...

Company achieves near break-even quarterly results TROY, Mich., May 21, 2024 (GLOBE NEWSWIRE) -- Agrify Corporation (Nasdaq:AGFY) (“Agrify” or the “Company”), a leading provider of innovative cultivation and extraction solutions for the cannabis industry, today announced financial results for the first quarter ended March 31, 2024. First Quarter 2024 Financial Results Summary Revenue was $2.6 million for the first quarter of 2024, compared to $5.8 million for the first quarter of 2023.Gross profit was $0.73 ...