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Barchart
Anushka Mukherjee

TE Connectivity Stock Outlook: Is Wall Street Bullish or Bearish?

TE Connectivity Tel

Founded in 1941, Ballybrit, Ireland-based TE Connectivity plc (TEL) manufactures and designs products that connect and protect the flow of power and data inside millions of products used by consumers and industries. The company has a market capitalization of $66.2 billion and operates in two reportable segments: Transportation Solutions and Industrial Solutions.

Shares of TE Connectivity have outperformed the broader market over the past 52 weeks. TEL stock has surged 53.9% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 12.9%. Moreover, shares of the company are down marginally on a YTD basis, matching SPX's marginal decline.

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