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North Reading, Massachusetts-based Teradyne, Inc. (TER) designs, develops, manufactures, and sells automated test systems and robotics products. Valued at $20.6 billion by market cap, the company's test equipment products and services include, semiconductor test systems, military, aerospace test instrumentation, circuit-board test, inspection systems, automotive diagnostic, and test systems.
Shares of this leading automated test solution supplier have slightly outperformed the broader market over the past year. TER has gained 29.3% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 24.9%. In 2024 alone, TER stock is up 21.4%, surpassing SPX’s 16.2% rise on a YTD basis.