3 Reasons Growth Investors Will Love TE Connectivity (TEL)

Core Viewpoint - TE Connectivity (TEL) is identified as a strong growth stock due to its favorable growth metrics and Zacks Rank, making it a potential outperformer for growth investors [2][9]. Earnings Growth - TE Connectivity has a historical EPS growth rate of 8.4%, but projected EPS growth for this year is expected to be 24.8%, surpassing the industry average of 23.9% [4]. Asset Utilization Ratio - The company's asset utilization ratio (sales-to-total-assets ratio) is 0.73, indicating that it generates $0.73 in sales for every dollar in assets, which is higher than the industry average of 0.72 [6]. - TE Connectivity's sales are projected to grow by 11.5% this year, significantly outpacing the industry average growth of 4.4% [6]. Earnings Estimate Revisions - The current-year earnings estimates for TE Connectivity have increased by 3.6% over the past month, indicating a positive trend in earnings estimate revisions [7].