TE Connectivity: Strengthening Fundamentals, Higher Multiples Justify Re-Rating (Rating Upgrade)
TELTE Connectivity(TEL) Seeking Alpha·2024-07-19 11:25
Matteo ColomboInvestment update Following my November '22 publication on TE Connectivity Ltd. (NYSE:NYSE:TEL) the stock is +19% with ~1% of dividend yield realized by investors. My view on TEL hadn't changed from my original thesis on the company. Economics are superb. The market share is huge. Customer advantages in its brand and networks. Highly cash-generative with a long stream of dividend growth. The perks are all there. However, I'm really looking for long-term compounders which have 1) the propen ...