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Best Value Stocks to Buy for October 23rd
ZACKS· 2024-10-23 09:20
Here is one stock with buy rank and strong value characteristics for investors to consider today, October 23:Greenland Technologies Holding Corporation (GTEC) : This material handling solutions provider carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 64.1% over the last 60 days.Greenland Technologies Holding Corporation has a price-to-earnings ratio (P/E) of 3.63 compared with 19.10 for the S&P. The company possesses a Value Score of B.Rush En ...
United plans flights to Greenland, Mongolia and northern Spain in search for next 'it' destination
CNBC· 2024-10-10 12:00
United airplanes are seen at the Newark Liberty International Airport in Newark, Unitted States on July 16, 2024.United Airlines is plotting a 2025 international expansion that spans Senegal to Mongolia and Greenland to Palau, a bid to win over travelers who have already had their fill of the well-trodden streets of Paris, Rome and Tokyo.Starting May 21, United will fly three times a week between its Newark, New Jersey, hub to Palermo, Sicily; on May 16, it will launch nonstops four days a week to Faro in P ...
HEVI Announces Transition to a More Aggressive Dealer Model to Meet Strong Customer Demand for its Electric Industrial Equipment
Prnewswire· 2024-10-01 12:00
Core Insights - HEVI Corp is transitioning to a more aggressive dealer model to meet strong customer demand for its expanded line of electric industrial equipment [1] - The new dealer model will enhance the existing Authorized Service Provider program and support the launch of two new all-electric front wheel loaders, model H65L and model H55L [1] - CEO Raymond Wang emphasized the need for this strategic shift due to increased sales opportunities and positive customer response to new product launches [1] Company Overview - HEVI is a developer and manufacturer of sustainable heavy machinery, focusing on all-electric heavy construction and farm machinery [2] - The company operates as a wholly owned subsidiary of Greenland Technologies Holding Corporation, which is listed on Nasdaq under the ticker GTEC [2] Dealer Model Details - The new dealer model will allow HEVI to focus on its brand, providing dealers with direct access to Original Equipment Manufacturer parts [1] - Customers will continue to receive comprehensive warranty coverage and knowledgeable support, enhancing the overall customer experience [1] - The model aims to hold dealers to higher standards of accountability and service quality, positioning HEVI to capture increased revenue opportunities [1]
Greenland Technologies (GTEC) Is Attractively Priced Despite Fast-paced Momentum
ZACKS· 2024-09-20 13:51
Momentum investing is essentially the opposite of the tried-and-tested Wall Street adage -- "buy low and sell high." Investors following this investing style typically avoid betting on cheap stocks and waiting long for them to recover. They believe instead that one could make far more money in lesser time by "buying high and selling higher."Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth po ...
HEVI Unveils North America's Largest All-Electric Wheel Loader: Game-Changing H65L Delivers Zero Emissions, Lower Costs, and Uncompromised Performance
Prnewswire· 2024-08-28 11:00
EAST WINDSOR, N.J., Aug. 28, 2024 /PRNewswire/ -- HEVI Corp. ("HEVI" or the "Company"), a manufacturer of all-electric heavy equipment, today unveiled its game changing all electric vehicle, model H65L. With a nearly 50,000 pound operating weight, HEVI's new flagship H65L all electric wheel loader is the largest electric wheel loader available in North America today. As with all HEVI products, customers can expect the same reliable performance they demand with fewer costs and zero emissions, as the H65L all ...
HEVI Launches H55L Electric Front Wheel Loader; Newest Model Expected to Save Customers by Materially Reducing Diesel and Planned Maintenance Expenses
Prnewswire· 2024-08-27 11:00
Company Overview - HEVI Corp. is a manufacturer of all-electric heavy equipment, focusing on sustainable heavy machinery such as electric construction and farm machinery [4] - The company is a wholly owned subsidiary of Greenland Technologies Holding Corporation [4] Product Launch - HEVI announced the launch of its newest model, the H55L front wheel loader, which is designed to combine robust performance with eco-friendly operation [1] - The H55L can lift up to six tons and is suitable for various applications including material management, site preparation, landscaping, and recycling [2] Environmental Impact - The H55L is expected to cut carbon footprints by approximately 70 tons of CO2 annually compared to similar-sized diesel models [2] - The all-electric loader eliminates emissions and diesel costs, offering reduced maintenance and significantly lower total cost of ownership [2] Strategic Focus - The CEO of HEVI, Raymond Wang, emphasized the company's strategy to expand its line of industrial electric vehicles to capitalize on market opportunities and enhance shareholder value [3] - The ongoing shift toward eco-friendly industrial vehicles is accelerating, and HEVI aims to broaden its range of vehicles while simplifying the buying and ownership experience for customers [3] Technological Features - The H55L features an advanced hydraulic power system and long-lasting battery performance for uninterrupted workdays [2] - The electric motors provide powerful instant torque, maximizing productivity with minimal environmental impact [2]
Greenland Reports 99.7% YoY Increase in 2Q 2024 Net Income
Prnewswire· 2024-08-15 20:00
Drives Gross Margin Stability and Expense ReductionsIntroduces Incentives to Accelerate Electric Industrial Vehicle PurchasesTerminates Planned Spin off its Drivetrain Systems SegmentEAST WINDSOR, N.J., Aug. 15, 2024 /PRNewswire/ -- Greenland Technologies Holding Corporation (Nasdaq: GTEC) ("Greenland" or the "Company"), a technology developer and manufacturer of electric industrial vehicles and drivetrain systems for material handling machineries and vehicles, today announced its unaudited financial result ...
Greenland Technologies (GTEC) - 2024 Q2 - Quarterly Report
2024-08-14 20:05
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission File number 001-38605 GREENLAND TECHNOLOGIES HOLDING CORPORATION (Exact name of registrant as specified in charter) | --- | --- | |---- ...
Best Momentum Stocks to Buy for July 22nd
ZACKS· 2024-07-22 15:00
Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, July 22nd:TDK Corporation (TTDKY) : This electronic component company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 7.8% over the last 60 days.TDK’s shares gained 44.9% over the last three months compared with the S&P 500’s advance of 8.7%. The company possesses a Momentum Score  of A.Hagerty, Inc. (HGTY) : This insurance agency has a Zacks Rank # ...
Fast-paced Momentum Stock Greenland Technologies (GTEC) Is Still Trading at a Bargain
ZACKS· 2024-07-19 13:51
Momentum investors typically don't time the market or "buy low and sell high." In other words, they avoid betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time.Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth potential fails to justify their swelled-up valuation. In that phase ...