StockWireNews

Nasdaq Navigating: Low Float Breakout Idea (KAVL) Has 3 Urgent Potential Catalysts Right Now...

Harbinger Research Report - $1.80 Target Suggest Over 500% Potential Upside!

December 7th

Greetings Readers,

It's not every day you come across something like this...

We're talking 500+% potential upside to a recent analyst target.

What about a low float? Yup. It's got one of those, too.

At fewer than 15Mn shares in its float according to Market Watch, volatility could become an explosive scenario in an instant.

To double-down on the importance of watching for volatility, this Nasdaq breakout idea showed last month that it was capable of an 81% short term explosion in under 2 weeks.

Furthermore, this little-known company operates in an industry expected to grow by over 662% by the end of the decade.

This specific global market is on a trajectory of substantial growth with future projections indicating a surge to $168Bn by 2030.

And with eyes on disruption, this breakout idea needs to be on radar immediately: *Kaival Brands Innovations Group, Inc. (KAVL)*

Kaival Brands is a company focused on incubating innovative adult-focused products into mature and dominant brands, with a current focus on the distribution of electronic nic-o-tine delivery systems (ENDS) also known as “e-cig-ar-ettes.”

3 Immediate Potential Driver Catalysts

#1. Analyst Target ($1.80 Suggests Over 500% Potential Upside.

#2. Product Sales Expansion (Company Adds Several New Locations).

#3. A Low Float (Fewer Than 15Mn Shares) Could Create A Volatile Scenario.

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At least one analyst is hot to trot on this hidden gem after posting a $1.80 price target suggesting over 500% potential upside from current levels.

Report highlight:

"We also believe that there is significant upside to our price target if the Company’s penetration into large and medium-sized retailers continues to gain traction, and/or if there is positive news from the FDA regarding an approval for the Company’s tobacco-flavored products, which the Company expects as soon as this calendar year."

You see, Kaival Brands is the exclusive global distributor of vaping products from Bidi Vapor.

Manufactured by Bidi Vapor, BIDI® Stick is an innovative nic-o-tine vaping device. Bidi Vapor designed the BIDI® Stick in its mission to provide adult smokers a premium vaping experience.

The BIDI® Stick is a one-time use only, closed system, disposable vaping device that is tamper-resistant and recyclable.

Bidi Vapor products are sold primarily through national convenience stores as well as online exclusively through authorized direct retailers, and GoPuff.

Which is why this news could be huge...

Eric Mosser, Chief Executive Officer of Kaival Brands, stated:

“We are excited to provide an update on our regional Circle K rollout. Since our initial rollout in June, we have increased distribution to over 2,700 locations from just over 1,000. Our objective is that ultimately, the BIDI® Stick will be distributed in up to 5,000 Circle K locations within the South Atlantic and Midwest regions within the calendar year.”

With positive news releases like this, KAVL needs to be watched closely for volatility.

Why? Because of its low float.

Market Watch is currently reporting KAVL to have a float of roughly 14.53Mn shares.

A float this small could be why KAVL was able to shoot 81% in under 2 weeks recently:

Is another move like that certain for KAVL? No. Nothing is certain.

But, with a 52-week high of $1.10, a price target of $1.80, and tons of positive news developments throughout 2023, KAVL needs to be on breakout watch ahead of 2024.

Reminder: 3 Immediate Potential Driver Catalysts

#1. Analyst Target ($1.80 Suggests Over 500% Potential Upside.

#2. Product Sales Expansion (Company Adds Several New Locations).

#3. A Low Float (Fewer Than 15Mn Shares) Could Create A Volatile Scenario.

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Coverage is officially initiated on Kaival Brands Innovations Group, Inc. (KAVL).

I'll be in touch with updates as we move forward. Talk soon.

Sincerely,

Kai Parker

StockWireNews

KAVL Website. KAVL Presentation.

(Always Remember The St-ock Prices Could Be Significantly Lower Now From The Dates I Provided.)