TEL Stock Recent News
TEL LATEST HEADLINES
SCHAFFHAUSEN, Switzerland , July 30, 2024 /PRNewswire/ -- TE Connectivity Ltd. (NYSE: TEL) ("TE Connectivity") today announced that its wholly-owned subsidiary, Tyco Electronics Group S.A.
TE Connectivity's (TEL) fiscal second-quarter results benefit from the strong margin expansion.
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TE Connectivity is a well-diversified $36.75 billion company that deserves coverage here at Seeking Alpha. TE Connectivity is profitable. It also pays dividends.
TE Connectivity continues to benefit from the increasing electrification of trucks, automobiles, trains and other forms of transport and machinery.
LFUS vs. TEL: Which Stock Is the Better Value Option?
Our theme of Electric Vehicle Supplier Stocks has had a relatively mixed 2022, declining by about 10% year-to-date, compared to the S&P 500 which has declined by about 7% over the same period. While the theme outperformed in 2021, rising 34% through the year, it is currently being weighed down as.
TE Connectivity Ltd's (NYSE: TEL) subsidiary, Tyco Electronics Group S.A., priced $600 million 2.500% senior notes due 2032 in a secondary offering.
TE Connectivity (TEL) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.
TE Connectivity Ltd. (TEL) CEO Terrence Curtin on Q1 2022 Results - Earnings Call Transcript