Amphenol (APH) Rose on Strong Momentum

Renaissance Investment Management, an investment management company, released its Q2 2025 “Large Cap Growth Strategy” investor letter. A copy of the letter can be downloaded here. The stock market experienced significant volatility in the second quarter, and yet, the S&P 500 posted an all-time high by the end of June. The liberation day tariff announcement set off havoc in the market, causing stock prices to drop 7% from April 2 to April 7. However, the market rebounded and gained more than 22% from the April 7 low through the end of June. The Russell 1000 Growth returned 17.8% and the S&P 500 returned 10.9% in the quarter. Large caps significantly outperformed their small-cap counterparts, and growth outperformed value. Against this backdrop, the strategy outperformed the S&P 500 Index but underperformed the Russell 1000 Growth benchmark. For more information on the fund’s best picks in 2025, please check its top five holdings.

In its second-quarter 2025 investor letter, Renaissance Large Cap Growth Strategy highlighted stocks such as Amphenol Corporation (NYSE:APH). Amphenol Corporation (NYSE:APH) designs and manufactures electrical, electronic, and fiber optic connectors. The one-month return of Amphenol Corporation (NYSE:APH) was 6.34%, and its shares gained 88.19% of their value over the last 52 weeks. On September 09, 2025, Amphenol Corporation (NYSE:APH) stock closed at $116.79 per share, with a market capitalization of $142.591 billion.

Renaissance Large Cap Growth Strategy stated the following regarding Amphenol Corporation (NYSE:APH) in its second quarter 2025 investor letter:

“Amphenol Corporation (NYSE:APH) was a notable contributor, driven by strong momentum for its AI and data center connector products. In addition, the recent acquisition of Andrew was more accretive to earnings than initially expected, leaving the possibility of future positive earnings revisions if management continues its strong record in execution of large acquisitions.”

What’s Fueling Wall Street’s 90-Day Optimism on Amphenol (APH)?

Amphenol Corporation (NYSE:APH) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 81 hedge fund portfolios held Amphenol Corporation (NYSE:APH) at the end of the second quarter, which was 69 in the previous quarter. Amphenol Corporation’s (NYSE:APH) second quarter sales were up 57% in U.S. dollars and 56% in local currencies to $5.650 billion. While we acknowledge the risk and potential Amphenol Corporation (NYSE: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 Amphenol Corporation (NYSE:APH) and that has 10,000% upside potential, check out our report about this cheapest AI stock.

In another article, we covered Amphenol Corporation (NYSE:APH) and shared the list of best growth stocks to buy for the next 2 years. Amphenol Corporation (NYSE:APH) was a top contributor to Aoris International Fund’s performance in Q2 2025. In addition, please check out our hedge fund investor letters Q2 2025 page for more investor letters from hedge funds and other leading investors.

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Disclosure: None. This article is originally published at Insider Monkey.