5 Best Electronic Stocks To Buy Now

3. Amphenol Corporation (NYSE:APH)

Number of Hedge Fund Holders: 41

Amphenol Corporation (NYSE:APH) designs, manufactures, and markets electrical, electronic, and fiber optic connectors globally. Its product offerings include connectors, cable assemblies, power distribution systems, antennas, coaxial and specialty cables, sensors, and sensor-based products. On February 1, Amphenol Corporation (NYSE:APH) declared a quarterly dividend of $0.22 per share, in line with previous. The dividend is payable on April 10, to shareholders on record as of March 19. Amphenol is one of the best electronic components stocks to buy. 

According to Insider Monkey’s fourth quarter database, 41 hedge funds were bullish on Amphenol Corporation (NYSE:APH), same as the prior quarter. Select Equity Group is the largest stakeholder of the company, with 4.15 million shares worth $412.2 million. 

TimesSquare U.S. Mid Cap Growth Strategy made the following comment about Amphenol Corporation (NYSE:APH) in its Q4 2022 investor letter:

“More positive was the 14% rise by Amphenol Corporation (NYSE:APH), a producer and supplier of electrical and fiber optic connectors. Third quarter earnings surpassed expectations, with strong demand across nearly all end markets. Despite signs of macroeconomic weakness, management increased its quarterly dividend while continuing the share repurchase program.”