NYSE:TELElectronic
TE Connectivity (TEL): Assessing Valuation Following Breakout Q3 Results and Bullish Guidance
TE Connectivity (TEL) just gave investors something to chew on with its blockbuster third-quarter results. The company not only delivered an 18% jump in adjusted earnings per share, but its Industrial Solutions segment stood out, especially with demand pouring in from AI and modern data center customers. Management’s upbeat guidance for the next quarter, featuring more double-digit growth and healthy margins, has helped fuel fresh optimism around where the company is heading.
This enthusiasm...