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.