Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model
) pushed the Technology sector higher today making it today's featured technology winner. The sector as a whole closed the day up 0.2%. By the end of trading, TE Connectivity rose $1.66 (4.1%) to $42.16 on average volume. Throughout the day, 2,254,832 shares of TE Connectivity exchanged hands as compared to its average daily volume of 1,604,400 shares. The stock ranged in a price between $40.75-$42.26 after having opened the day at $40.75 as compared to the previous trading day's close of $40.50. Other companies within the Technology sector that increased today were:
), up 16.4%,
), up 13.0%,
), up 12.2% and
), up 11.8%.
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TE Connectivity Ltd., together with its subsidiaries, designs and manufactures products that connect and protect the flow of power and data inside the products used by consumers and industries. TE Connectivity has a market cap of $16.6 billion and is part of the electronics industry. The company has a P/E ratio of 14.1, below the S&P 500 P/E ratio of 17.7. Shares are up 9.1% year to date as of the close of trading on Tuesday.
TheStreet Ratings rates TE Connectivity as a
. The company's strengths can be seen in multiple areas, such as its increase in net income, increase in stock price during the past year, expanding profit margins, good cash flow from operations and growth in earnings per share. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.
- You can view the full TE Connectivity Ratings Report.
On the negative front,
), down 37.1%,
), down 27.3%,
), down 26.2% and
), down 24.6% , were all laggards within the technology sector with
) being today's technology sector laggard.
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For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the technology sector could consider
) while those bearish on the technology sector could consider
- Find other investment ideas from our top rated ETFs lists.
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