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Teradyne, Inc. (TER), headquartered in North Reading, Massachusetts, is a leading designer and manufacturer of automated test equipment and robotics systems serving the semiconductor, industrial automation, and communications markets. The company has grown to support chip makers and electronics manufacturers worldwide. Teradyne’s market cap is around $29 billion.
Shares of Teradyne have considerably outperformed the broader market. TER has gained 69.7% over the past 52 weeks, while the broader S&P 500 Index ($SPX) has gained 13.4%. Moreover, on a year-to-date (YTD) basis, the stock is up 46.9%, compared to SPX’s 14.3% return.