Published on 9 May 2024 on Simply Wall St. via Yahoo Finance
TE Connectivity's (NYSE:TEL) five-year earnings growth trails the decent shareholder returns
The main point of investing for the long term is to make money. But more than that, you probably want to see it rise more than the market average. Unfortunately for shareholders, while the TE Connectivity Ltd. (NYSE:TEL) share price is up 61% in the last five years, that's less than the market return. Some buyers are laughing, though, with an increase of 20% in the last year.
Since the stock has added US$1.6b to its market cap in the past week alone, let's see if underlying performance has been driving long-term returns.