11 Best Growth Stocks to Buy and Hold Forever

6. Amphenol Corporation (NYSE:APH)

EPS Growth Over the Past Five Years: 15.39%

EPS Growth Over the Next Five Years: 27.37%

Forward Price to Earnings Ratio: 35.72

Number of Hedge Fund Holders: 81

Amphenol Corporation (NYSE:APH) is one of the best growth stocks to buy and hold forever. On September 3, at Citi’s 2025 Global Technology, Media, and Telecommunications Conference, the company reiterated its robust organic growth and the impact of strategic acquisitions.

The company achieved 133% year-over-year growth in its IT datacom sector, with an operating margin of 25.6%, amid expectations for further expansion. Organic growth in the quarter reached 41% driven by strong performance in the IT datacom segment.

In addition, the company plans to leverage its recent acquisitions, CCS and Trexon, to enhance capabilities in its fiber optics and defense sectors. Chief Financial Officer Craig Lampo expects the two businesses to strengthen the company’s profitability.

“So over time both of those businesses I would expect to be able to improve profitability and closer to the company average profitability actually because these are two great businesses, great technology. There’s no reason why they should be below the company average profitability,” Lampo.

Amphenol Corporation (NYSE:APH) designs, manufactures, and markets electrical, electronic, and fiber optic connectors, interconnect systems, antennas, sensors, and cable assemblies. Its high-technology products serve a diverse range of industries, including automotive, commercial aerospace and defense.