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Stock impact report

Is It Too Late To Consider TE Connectivity After Its 2024 Share Price Surge? [Yahoo! Finance]

TE Connectivity Ltd. New Switzerland Registered Shares (TEL) 
Last te connectivity ltd. new switzerland registered shares earnings: 4/28 06:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
piece will walk through what the current share price really implies about potential future returns. The stock has pulled back slightly over the last week, down about 0.1%, but it is still up roughly 5.0% over 30 days, 63.5% year to date, and an impressive 62.6% over the past year. This pattern hints that the market has been steadily upgrading its view of the business. Those gains have come as investors have focused on TE Connectivity's role in long term themes such as vehicle electrification, industrial automation, and the build out of high speed data infrastructure, all areas where reliable connectors and sensors are essential. At the same time, the company continues to highlight its exposure to secular growth markets such as electric vehicles and aerospace. This helps explain why sentiment has shifted in its favor even through macro uncertainty. Despite that strength, TE Connectivity currently scores just 0 out of 6 on our valuation checks, suggesting the market is not obvious Show less Read more
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