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TE Connectivity (TEL) in Focus: Stock Moves 6.7% Higher
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TE Connectivity Ltd. (TEL - Free Report) was a big mover last session, as the company saw its shares rise nearly 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $80.01 to $89.81 in the past one-month time frame.
The upmove came after the company reported better-than-expected fiscal second-quarter 2019 (ended Mar 29, 2019) results.
The company has seen no changes when it comes to estimate revision over the past few weeks, while the Zacks Consensus Estimate for the current quarter has also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
TE Connectivity currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
Is TEL going up? Or down? Predict to see what others think:Up or Down
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TE Connectivity (TEL) in Focus: Stock Moves 6.7% Higher
TE Connectivity Ltd. (TEL - Free Report) was a big mover last session, as the company saw its shares rise nearly 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $80.01 to $89.81 in the past one-month time frame.
The upmove came after the company reported better-than-expected fiscal second-quarter 2019 (ended Mar 29, 2019) results.
The company has seen no changes when it comes to estimate revision over the past few weeks, while the Zacks Consensus Estimate for the current quarter has also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
TE Connectivity currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
TE Connectivity Ltd. Price
TE Connectivity Ltd. Price | TE Connectivity Ltd. Quote
Investors interested in the Electronics – Miscellaneous Components industry may consider AU Optronics Corp. , which has a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Is TEL going up? Or down? Predict to see what others think:Up or Down
Radical New Technology Creates $12.3 Trillion Opportunity
Imagine buying Microsoft stock in the early days of personal computers… or Motorola after it released the world’s first cell phone. These technologies changed our lives and created massive profits for investors.
Today, we’re on the brink of the next quantum leap in technology. 7 innovative companies are leading this “4th Industrial Revolution” - and early investors stand to earn the biggest profits.
See the 7 breakthrough stocks now>>