GTEC Surges 65% in 6 Months: Is it the Right Time to Buy the Stock?

Greenland Technology (GTEC) shares have surged 65.2% over the trailing six-month period, outperforming the Zacks Computer & Technology sector’s appreciation of 18.2% and the Zacks Miscellaneous Products industry’s decline of 32.3%.GTEC shares have also outperformed its industry peers, Bel Fuse (BELFB) and Flex (FLEX) . BELFB and FLEX shares have rallied 28% and 43.6% over the trailing six-month period, respectively.The company’s strong performance can be attributed to its diversified customer base and the r ...