5 Best Fundamentally Strong Stocks to Buy for Long Term

2. Amphenol Corporation (NYSE:APH)

Number of Hedge Fund Holders:  112

On June 8, Barclays bumped up its price target on Amphenol Corporation (NYSE:APH) to $198 from $180. The firm maintained an “Overweight” rating on the shares. Barclays said it raised its estimates after gaining more confidence in the company’s artificial intelligence-related content ramp.

Amphenol Corporation (NYSE:APH) sees Q2 2026 revenues of $8.1 billion to $8.2 billion. It projects growth of 43% to 45% YoY. The firm also expects adjusted diluted earnings of $1.14 to $1.16 per share, up from 41% to 43% from the earlier year period.

Chief Executive Officer R Adam Norwitt said growing innovation in electronics is creating growth opportunities throughout the company’s end markets. He also noted that the corporation has expanded its interconnect portfolio through internal innovation and acquisitions, including CommScope, solidifying its competitive position. Norwitt said Amphenol Corporation (NYSE:APH)  remains in the right direction to adapt to changing market conditions and capitalize on long-term growth opportunities.

Amphenol Corporation (NYSE:APH) is a firm that designs, manufactures, and markets electrical, electronic, and fiber optic connectors. It functions through the Harsh Environment Solutions, Communications Solutions, and Interconnect and Sensor Systems segments.