Amphenol Corporation (NYSE:APH) is among the stocks with the best earnings growth over the next 10 years. On May 11, TheFly reported that Amphenol Corporation (NYSE:APH) had been removed from BofA’s “US 1 List,” which names its best investment ideas. This comes despite the company’s pace in the first quarter of 2026.
When Amphenol Corporation (NYSE:APH) reported its first-quarter results on April 29, it posted adjusted earnings per share and revenue that beat estimates by $0.11 billion and $510 million, respectively. Behind the exceptional result was the company’s Communication Solutions segment, which led with an 80% year-over-year increase in sales. The company’s ability to improve its operating margin makes it one of the top earnings growth stocks for the next 10 years.
Photo by Brett Sayles on Pexels
Wall Street largely welcomed the company’s strong earnings performance in the first quarter. On April 30, Citi raised its price target on Amfenol Corporation (NYSE:APH) to $180 from $170 and maintained a Buy rating. The same day, Baird’s Luke Junk also raised the price target from $167 to $177 and reaffirmed an Outperform rating.
Amphenol Corporation (NYSE:APH) is a Connecticut-based company specializing in electrical, electronic and fiber optic connectors. Founded in 1932, the company operates through the Communications Solutions, Harsh Environment Solutions, and Sensors and Interconnection Systems segments.
While we recognize APH’s potential as an investment, we believe certain AI stocks offer greater growth potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that’s also benefiting significantly from Trump-era tariffs and the offshoring trend, check out our free report on best short-term AI stock.
READ NEXT: 33 stocks that should double in 3 years and 15 stocks that will make you rich in 10 years
Disclosure: None. Follow Insider Monkey on Google News.