Amphenol (APH): 12 Best Growth Stocks to Invest In for the Next 2 Years

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.

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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.

While we acknowledge the risk and potential of APH as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than APH and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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