10 Best Investments During A Recession

5. Amphenol Corporation (NYSE:APH)

Number of Hedge Fund Holders: 89

Amphenol Corporation (NYSE:APH) is placed fifth among the best investments on our list.

TheFly reported on January 12 that Citi analyst Asiya Merchant maintained a Buy rating on APH and raised the price target to $175 from $160. The $15 increase shows that the company is more confident in its ability to obtain higher-margin contracts in AI server rack systems. According to Citi’s upbeat assessment, APH is well-positioned to compete and gain market share in the industry’s quest toward faster, denser interconnect solutions.

Separately, on the same day, January 12, Barclays upgraded Amphenol Corporation (NYSE:APH) from Equal Weight to Overweight and increased its price objective to $156 from $143. Barclays analyst Guy Hardwick highlighted a significantly improved outlook for the company’s IT Datacomm segment.

Hardwick now expects 60% organic growth for IT Datacomm in 2026, up from the previous projection of 45%, due to the exceptional need for AI rack connectivity solutions. The upgrade is strengthened by the fact that APH’s recent strategic acquisitions are expanding faster than initially anticipated. According to Barclays’ revised forecast, APH’s fiscal year 2026 earnings per share (EPS) will exceed the market average by 12%.

Amphenol Corporation (NYSE:APH) is a global leader in designing, manufacturing, and marketing high-technology electrical, electronic, and fiber-optic connectors, interconnect systems, antennas, and sensors. Headquartered in Wallingford, Connecticut, it serves diverse markets including automotive, IT/datacom, aerospace, defense, and industrial sectors.