10 AI Stocks on Wall Street’s Radar

3. Amphenol Corp. (NYSE:APH)

Amphenol Corp. (NYSE:APH) designs and manufactures electronic fiber optic and power connectors, antennas, sensors, busbars, splitter products, and high-speed interconnect systems, including high-speed and coaxial cables. The company’s clients span diverse industries, including IT Datacom, automotive, commercial aerospace, industrial, and mobile devices.

On January 17th, Citi analysts raised their stock target price marginally to $82 from $81. They reiterated a “Buy” rating, citing the strong momentum in the IT Datacom sector and the connector market, driven by surging demand for data center connectors for AI servers. Despite setbacks like delays in shipments of Blackwell components, Citi analysts preferred Amphenol over rivals due to its execution capabilities and leading market share in AI/data centers.