/TE%20Connectivity%20Ltd%20logo%20on%20phone-by%20rafapress%20via%20Shutterstock.jpg)
Based in Schaffhausen, Switzerland, TE Connectivity Ltd. (TEL) manufactures and sells connectivity and sensor solutions for a range of industries. Valued at $45.8 billion by market cap, the company operates through three segments: Transportation Solutions, Industrial Solutions, and Communications Solutions.
Shares of this electronics maker have underperformed the broader market over the past 52 weeks. TEL has gained 15.4% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 26.1%. In 2024, shares of TEL gained 6.4%, compared to SPX’s 16.5% return on a YTD basis.