TE Connectivity Ltd (TEL) has been demonstrating robust performance, with those who invested in the company five years ago witnessing an upturn of 65%. TEL has been identified as a top long-term value stock making an investment bet, with a gaining momentum from the resurgence in manufacturing. Its recent move to change its place of incorporation to Ireland has added more dynamism to its operations. The company's involvement with the AI boom and the IoT boom puts TEL's stock in a positive trajectory, with investors like the TCW Group Inc, Public Employees Retirement System of Ohio, Tidal Investments LLC and Sanctuary Advisors LLC acquiring more shares. Moreover, the company is consistently hitting its forecasts, showing promising Q4 earnings, and dividend payments while withstanding the economic shifts, contributing positively to the bull trend. Nevertheless, it is worth noting TE Connectivity's shareholders' mixed reactions, such as some reducing their holdings, and others looking for cues in the international revenue trends. Despite some concerns over stock underperformance compared to the S&P 500 and insider stock selling, TEL is considered a strong buy, interesting case and an AI chip stock to watch.
Te Connectivity Ltd TEL News Analytics from Wed, 24 Jan 2024 08:00:00 GMT to Fri, 27 Dec 2024 11:13:19 GMT -
Rating 8
- Innovation 6
- Information 9
- Rumor -2
