VNCE, REVG and APH made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on December 20, 2024.
Truist raised the firm's price target on Amphenol to $90 from $82 and keeps a Buy rating on the shares. The firm reiterated a cautious semiconductor and artificial intelligence sector view, but is more constructive on Nvidia (NVDA) and Monolithic Power (MPWR) while more cautious on Tesla (TSLA). A new analysis suggests we may have additional downward pressure to estimates, the analyst tells investors in a research note.
ZIM, MAX, DXPE, GGAL and APH have been added to the Zacks Rank #1 (Strong Buy) List on December 16, 2024.
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Amphenol (APH) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
URBN, CCL, APH, GBCI and NTRS have been added to the Zacks Rank #1 (Strong Buy) List on December 4, 2024.
We believe that Amphenol stock (NYSE: APH), an electrical, electronic, and fiber optic connectors maker, is currently a better pick than its industry peer, Corning stock (NYSE: GLW). APH stock trades at 6.5x trailing revenues, versus 3.4x for GLW stock, and we think this gap in valuation will remain in favor of APH, given its superior revenue growth, profitability, and better prospects.
Here is how Amphenol (APH) and Guidewire Software (GWRE) have performed compared to their sector so far this year.
Amphenol (APH) reported earnings 30 days ago. What's next for the stock?
APH, WAB, BRBR, REZI and PINE have been added to the Zacks Rank #1 (Strong Buy) List on November 21, 2024.
Amphenol (APH) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, APH crossed above the 20-day moving average, suggesting a short-term bullish trend.
Amphenol Corporation achieved 15% organic revenue growth and 28% adjusted EPS growth, driven by strong performance in the IT Datacom market, reinforcing a “Buy” rating with an $85 target price. The IT Datacom segment, accounting for 25% of total revenue, grew 59% organically year-over-year, fueled by high demand for AI computing and data center interconnect products. Amphenol's strategic acquisitions, including Lütze Europe, and robust market positions in defense and harsh environment markets, support sustained growth and margin expansion.