This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Sneak Peek: 5 Stocks Hedge Funds Love This Fall

TE Connectivity

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

Another strong performer this year has been TE Connectivity (TEL). Despite being in the middle of a restructuring effort, TEL has still managed to double the broad market's run year-to-date. And hedge funds have been picking up shares as a result; in the last quarter, the early 13F filers increased their stakes in TE Connectivity from just $6 million to $46 million.

>>4 Hot Stocks to Trade (or Not)

TE Connectivity's core business is making electrical connectors. While that may frankly sound a bit boring, there's no reason why boring companies can't provide investors with very exciting stocks. The ubiquity of electronic connectors in so many applications provides a very attractive market for TEL's products, especially as industrial production continues to recover from the lows watermarks of 2008. TEL's restructuring efforts have been a case of short-term pain in exchange for long-term gain; now this stock is starting to see truly improved operational figures.

TEL has done a stellar job of paying down debt and building up its cash position. Today, the firm sports more than $1.2 billion in cash that offsets relatively small leverage for an industrial manufacturing firm. TE Connectivity's cash generation capabilities should continue to reward investors in the last quarter of the year.

4 of 6

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,094.05 -19.49 -0.11%
S&P 500 1,989.03 +5.50 0.28%
NASDAQ 4,479.6530 +23.6370 0.53%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto
Advertising Partners

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs