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Opinions Christine Poole
TE ConnectivityTELBUYMay 17, 2022
EV's are part of their growth story, about 40% of their revenues, though accounts for 60% of their growth. The other 40% comes from internal combustion engines; gas cars are getting more electrified, too, which also contributes to TE's growth. She likes their industrial exposure. Their communications division benefits from growth in cloud computing. TE makes acquisitions, too, to grow.
Christine PooleUnknown
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HOLD
EVs need more connectors, so this trend is beneficial. Pulled back last year. Increased auto production will benefit them. As earnings grow, stock price should increase.
Christine PooleOwned
Technology
PAST TOP PICK
(A Top Pick Feb 15/22, Down 9%)
Electric components business.
45% of business in auto industry (expecting major growth soon).
Will continue to hold.
EV adoption continues to rise which will require electric components.
Order delays hard on company with recession fears.
Christine PooleOwned
Technology
PAST TOP PICK
(A Top Pick Jan 18/22, Down 20%) Recommendation was poor timing. Bought it for adoption of EVs. Headwinds in auto industry. Industrial businesses are starting to slow.
Christine PooleOwned
Technology
TOP PICK
A global sensor and connector company making products used in all electric circuits. This plays into EV production, which boasts growth for the coming years. Attractively valued and TEL is seeing good growth in all their end markets. (Analysts’ price target is $167.38)
Christine PooleOwned
Technology
TOP PICK
They make connectors (to electrical currents) and sensors. 43% of revenues are to the car industry. As car builds increase, so will demand for connectors and sensors, twice as much for EVs than gas cars. Their revenues rose 12% last year even while car production slowed (due to shortages). Their products are also used in medical devices and renewable energy, many applications. TEL used to be part of Taiko Electronics, so they've been around for a while. (Analysts’ price target is $166.80)
Christine PooleOwned
Technology
