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Barchart
Barchart
Kritika Sarmah

Is TE Connectivity Stock Underperforming the Nasdaq?

TE Connectivity Tel Nasdaq Composite NASX

With a market cap of $44.2 billion, TE Connectivity plc (TEL) manufactures and sells connectivity and sensor solutions globally. Founded in 1941, the Ballybrit, Ireland-based company operates through three segments: Transportation Solutions, Industrial Solutions, and Communications Solutions.

Companies valued at more than $10 billion or more are generally considered “large-cap stocks”, and TE Connectivity fits this criterion perfectly. As a key player in the electronic components industry, TEL manufactures and designs products that connect and protect the flow of power and data inside millions of products used by consumers and industries.

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