This Day On The Street
Continue to site right-arrow
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
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

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

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

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
Stocks Under $10

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

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
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

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

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
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!
ACE $114.37 0.32%
BIDU $205.04 0.63%
GM $37.61 0.80%
TXN $59.94 1.94%
TEL $72.95 1.14%


DOW 18,288.63 +155.93 0.86%
S&P 500 2,117.39 +12.89 0.61%
NASDAQ 5,008.0960 +44.5690 0.90%

Partners Compare Online Brokers

Free Reports

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