TE Connectivity plc (NYSE:TEL) was among the stocks on Jim Cramer’s Mad Money radar as he taught investors how to profit from the upcoming wave of takeovers. Answering a caller’s query about the stock during the lightning round, Cramer said:
Yeah, I think the stock should be higher. I don’t understand why the multiple is so low. It should be a market multiple. I think this is a terrific stock. I remember when it was created. It was always terrific. I want to buy that stock for the Trust. You got a good one there. I’ve been thinking about, I’ve been mulling.
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TE Connectivity plc (NYSE:TEL) manufactures and sells a wide variety of connectivity and sensor solutions. In addition, it provides specialized components, technical training, and production services. The company serves industries such as automotive, aerospace, defense, and data centers. Bell Global Equities Fund stated the following regarding TE Connectivity plc (NYSE:TEL) in its Q1 2026 investor letter:
Heightened portfolio activity persisted through the end of the first quarter, reflecting our efforts to actively take advantage of the elevated market volatility and many dispersions in the market between quality and intrinsic value. Among the new additions was TE Connectivity plc (NYSE:TEL), a global leader in electrical connectors. One of the primary tailwinds for the company has recently been its increased market share in the critical components that distribute power, signal, and data across electric vehicles, factory robots and hyperscale AI server racks. This positioning is expected to support a sustained period of double-digit revenue growth, alongside margin expansion over the medium-term. The company also consistently generates significant free cash flow and boasts a shareholder-friendly management team, illustrated earlier this year when the board approved a 10 quarterly dividend hike alongside a substantial $3 billion expansion to its share repurchase program. We currently model meaningful upside looking forward, driven by a combination of earnings upgrades and potential for valuation multiple expansion.
While we acknowledge the risk and potential of TEL as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than TEL and that has 10,000% upside potential, check out our report about this cheapest AI stock.
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