5 Best Growth Stocks to Invest In for the Next 2 Years

2. Amphenol Corporation (NYSE:APH)

Number of Hedge Fund Holders: 103

Amphenol Corporation (NYSE:APH) is one of the best growth stocks to invest in for the next 2 years. On April 29, Amphenol delivered record-breaking results for Q1 2026, with sales reaching $7.6 billion. This represents a 58% increase in US dollars and 33% organic growth compared to the prior year, driven largely by exceptional demand in the IT datacom market. The company also reported record orders of $9.4 billion, resulting in a strong book-to-bill ratio of 1.24:1. Profitability remained high, with an adjusted operating margin of 27.3% and adjusted diluted EPS of $1.06, which rose 68% year-over-year.

Strategic expansion played a key role in the quarter’s success, highlighted by the completed acquisition of CommScope’s CCS business. CEO R. Adam Norwitt attributed the performance to the company’s expanded high-technology interconnect portfolio and its ability to capitalize on the accelerating electronics revolution. During the quarter, Amphenol returned ~$485 million to shareholders through the repurchase of 1.3 million shares and the payment of $307 million in dividends. The company maintained a strong cash position, generating $831 million in free cash flow.

For Q2 2026, Amphenol Corporation (NYSE:APH) provided an optimistic outlook, expecting sales between $8.1 billion and $8.2 billion. This forecast represents a projected increase of 43% to 45% over the same period in 2025. Adjusted diluted EPS is anticipated to fall within the range of $1.14 to $1.16, marking a significant expected increase of 41% to 43%.

Amphenol Corporation (NYSE:APH) is an electric components company that deals in electrical, electronic, and fiber optic connectors through the Communications Solutions, Harsh Environment Solutions, and Interconnect & Sensor Systems segments.