Group 1 - Greenland Technologies Holding Corporation (GTEC) is part of the Computer and Technology sector, which includes 608 companies and ranks 2 in the Zacks Sector Rank [2] - GTEC currently holds a Zacks Rank of 1 (Strong Buy), indicating a favorable outlook based on earnings estimate revisions [3] - Over the past 90 days, the Zacks Consensus Estimate for GTEC's full-year earnings has increased by 24.7%, reflecting improved analyst sentiment [4] Group 2 - GTEC has gained approximately 41.2% year-to-date, outperforming the average return of 37.4% for Computer and Technology companies [4] - GTEC belongs to the Electronics - Miscellaneous Products industry, which ranks 147 in the Zacks Industry Rank, with stocks in this group having lost about 28.2% this year [6] - In comparison, 21Vianet (VNET), another Computer and Technology stock, has returned 44.5% year-to-date and has a Zacks Rank of 1 (Strong Buy) [5][7]
Is Greenland Technologies (GTEC) Outperforming Other Computer and Technology Stocks This Year?