This summary was created by AI, based on 3 opinions in the last 12 months.
TE Connectivity (TEL-Q) is strategically positioned in the evolving automotive market, particularly as electric vehicles (EVs) gain traction, albeit slowly in the short term. The company produces a range of sensors essential for both traditional and hybrid vehicles, with an increasing emphasis on full electric models. Despite facing slower business growth in the U.S., TE Connectivity is experiencing significant growth in China, supported by a diverse client base. Additionally, the company's highly engineered connectors serve the burgeoning data center market, which is benefiting from the ramp-up in AI and cloud computing demand. Overall, while TE Connectivity's topline growth is currently weaker, improvements in margins and productivity indicate a positive operational outlook.
His entry in the car market. Connectors in combustion engines, more in hybrids, and even more in full electric. Likes this exposure better than having to bet on one car company. Also makes highly engineered connectors for data centres, seeing substantial growth with AI craze and cloud computing strength. Yield is 1.8%.
(Analysts’ price target is $163.19)Its sensors are a good way to play AI. A car like TSLA has 8x the sensors as a traditional car. Massive operating leverage.
A better way to play the EV trade than traditional car companies. Better business economics, benefits from the same trend, better free cashflow, total return will be significantly higher.
EVs need more connectors, so this trend is beneficial. Pulled back last year. Increased auto production will benefit them. As earnings grow, stock price should increase.
Electric components business.
45% of business in auto industry (expecting major growth soon).
Will continue to hold.
EV adoption continues to rise which will require electric components.
Order delays hard on company with recession fears.
TE Connectivity is a OTC stock, trading under the symbol TEL-Q on the (). It is usually referred to as or TEL-Q
In the last year, 2 stock analysts published opinions about TEL-Q. 2 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for TE Connectivity.
TE Connectivity was recommended as a Top Pick by on . Read the latest stock experts ratings for TE Connectivity.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
2 stock analysts on Stockchase covered TE Connectivity In the last year. It is a trending stock that is worth watching.
On , TE Connectivity (TEL-Q) stock closed at a price of $.
This indirectly plays EV car growth, which is slow now, but long term will increase. TEL makes sensors and even gas-powered cars need more sensors. US business has slowed by TEL, but most of their growth comes from China. They have many clients. Also, data centres need their sensors and there are more and more centres. Despite a weaker topline, their margins and productivity are improving