Ciena Takes Over #75 Spot From TE Connectivity
In a study of analyst recommendations at the major brokerages, for the underlying components of the S&P 500, Ciena Corp (Symbol: CIEN) has taken over the #75 spot from TE Connectivity plc (Symbol: TEL), according to ETF Channel. Below is a chart of Ciena Corp versus TE Connectivity plc plotting their respective rank within the S&P 500 over time (CIEN plotted in blue; TEL plotted in green):
Below is a three month price history chart comparing the stock performance of CIEN vs. TEL:
CIEN is currently trading up about 4.1%, while TEL is up about 3.8% midday Friday.
Further CIEN Research:
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