35 AI Superstars According to Goldman Sachs

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20. Amphenol Corporation (NYSE:APH)

Number of Hedge Fund Holders: 72 

Amphenol Corporation (NYSE:APH) specializes in designing, manufacturing, and marketing electrical, electronic, and fiber optic connectors. The company has business relationships with diverse markets, including automotive, aerospace, industrial, and data communications globally. It is expected to announce fiscal Q3 earnings later this month. In their earnings projections, analysts have forecast that the maker of fiber-optic products for AI data centers will report a profit of $0.45 per share in the third fiscal quarter, up over 15% from $0.39 per share in the same quarter last year. This seems probable as the firm has beaten Wall Street expectations on earnings for each of the last four quarters.

In the most recent quarter, Amphenol Corporation (NYSE:APH) exceeded the consensus estimate by a 4.9% margin. For fiscal 2024, analysts expect the company to report EPS of $1.76, up 17.3% from $1.50 in fiscal 2023. Looking forward to fiscal 2025, EPS is expected to surge 14.8% year-over-year to $2.02.

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