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TE Connectivity (TEL) Rolls Out STRADA Whisper Connectors

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Switzerland-based connectivity and sensor solutions maker TE Connectivity Ltd. (TEL - Free Report) recently introduced its cabled STRADA Whisper product line. The connectors are perfectly suited for high performance computing (HPC), core routing applications, and other such uses.

At higher data speeds, the cabled STRADA Whisper products deliver improved performance and higher flexibility, thus making PCBs, which become cost-prohibitive, redundant. These new connectors also expand the possibilities of more creative system architecture design as well as diminish insertion loss, thus boosting channel margin.

TE Connectivity affirmed that the latest solution will support 25-56 Gbps PAM-4, with further extension to 56 Gbps NRZ.

TE Connectivity is the market leader in the connectivity and sensor business, armed with a comprehensive portfolio. Its unmatched range of connectivity and sensor solutions cater to home appliances and devices, lighting, HVAC, security and numerous other such applications.

Year to date, the company’s stock has appreciated 13.4%, underperforming the industry’s average gain of 22.3%. However, it seems that in recent months, analysts have become increasingly bullish on the company. Over the past couple of months, the Zacks Consensus Estimate for full-year 2017 earnings has trended up from $4.64 to $4.75, on the back of five upward estimate revisions versus none downward.

Going forward, we believe that steady traction of harsh-environment applications, and Communications and Industrial segments will unlock ample growth opportunities for this Zacks Rank #2 (Buy) company. Broad-based momentum across its segments, coupled with contribution from its accretive acquisitions, should further boost operations.

Stocks to Consider

Some other to-ranked stocks in the industry are IEC Electronics Corp. (IEC - Free Report) , Kemet Corporation (KEM - Free Report) and Vishay Precision Group, Inc. (VPG - Free Report) . While IEC Electronics and Kemet Corporation sport a Zacks Rank #1 (Strong Buy), Vishay Precision Group carries a Zacks Rank #2. You can see the complete list of today’s Zacks #1 Rank stocks here.

IEC Electronics delivered an average positive earnings surprise of 150.6% for the last four quarters, having beaten estimates twice.

Kemet Corporation has an excellent earnings beat history, having surpassed estimates each time over the trailing four quarters. It has an average positive earnings surprise of 64.8%.

Vishay Precision Group came up with an average positive earnings surprise of 9.2% for the last four quarters, having beaten estimates thrice over the last four quarters.

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