Valued at a market cap of $57.2 billion, TE Connectivity plc (TEL) is a Ballybrit, Ireland-based industrial technology company that designs and manufactures highly engineered connectivity and sensor solutions.
This tech company has underperformed the broader market over the past 52 weeks. Shares of TEL have gained 20.4% over this time frame, while the broader S&P 500 Index ($SPX) has soared 23.3%. Moreover, on a YTD basis, the stock is down 13.8%, compared to SPX’s 7.4% rise.