Greenland Technologies Holding Corp

GTEC

Market cap $20.9M

Markets are relieved U.S. President Donald Trump is stepping back from a threat to increase tariffs on eight European countries for opposing his bid to annex Greenland. Trump told CNBC on Wednesday that he had the "concept of a deal" with NATO Secretary General Mark Rutte.

U.S. attempts to seize Greenland could hinder Washington and Brussels' economic relationship, France's finance minister has said. Roland Lescure told the Financial Times that Greenland's sovereignty "shouldn't be messed around [with].

Investors need to be careful when trying to use stocks to bet on the outcome of an event.

The Trump Administration has taken action in and against Venezuela and Iran this year, and ramped up rhetoric of Greenland's importance in its national security. Such international interventions may come down to one thing: China and its dominance of critical minerals.

President Donald Trump is once again expressing a desire for the U.S. to acquire Greenland. Denmark and its European allies in NATO – of which the U.S. is a member – have repeatedly stated that Greenland is not for sale.

U.S. Secretary of State Marco Rubio has said that he intends to convene with Danish officials next week to discuss Greenland. It comes amid growing concern across Europe about President Donald Trump's renewed threats to make the world's biggest island part of the United States.

GTEC benefits from expanding gross margin due to high-value product sales and electric vehicle expansion.

Greenland Technologies (GTEC) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Let's take a look at four stocks, GTEC, GLDD, ORN and CLMB, with impressive net profit margins for a robust portfolio.