Aoris Investment Management, a specialist international equity manager, released its Q4 2024 investor letter. A copy of the letter can be downloaded here. In 2024, Portfolio’s Class A (Unhedged) returned 22.9% after fees compared to 29.8% return for the benchmark. The fund’s Class C (Hedged) returned -12.3% compared to a 19.7% return for the benchmark. In addition, you can check the fund’s top 5 holdings to determine its best picks for 2024.
In its fourth quarter 2024 investor letter, Aoris Investment Management emphasized 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 -0.70%, and its shares gained 31.30% of their value over the last 52 weeks. On February 13, 2025, Amphenol Corporation (NYSE:APH) stock closed at $69.37 per share with a market capitalization of $84.013 billion.
Aoris Investment Management stated the following regarding Amphenol Corporation (NYSE:APH) in its Q4 2024 investor letter:
“Amphenol Corporation (NYSE:APH) is a leading manufacturer of electronic connectors. These are small devices used to join electrical circuits, and are present in all manner of products, from mobile phones, to cloud computing data centres, to vehicles and aircraft.
Amphenol’s management works to ensure the business is well balanced across many end markets, and that it’s flexible and responsive to demand surges in a particular market when they occur. In the last year, the company benefited from rapid growth in data centre construction, a market that accounts for around a fifth of its sales, which helped drive healthy revenue and earnings growth for the group.”
A team of technicians assembling a complex electrical connector in a factory environment.
Amphenol Corporation (NYSE:APH) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 69 hedge fund portfolios held Amphenol Corporation (NYSE:APH) at the end of the third quarter which was 72 in the previous quarter. In 2024, the Amphenol Corporation’s (NYSE:APH) sales reached $15.223 billion, reflecting a 21% increase in both US dollars and local currencies, as well as a 13% rise organically compared to 2023. In the fourth quarter 2024, Amphenol Corporation’s (NYSE:APH) sales increased 30% in US dollars and local currencies to $4.318 billion. While we acknowledge the potential of Amphenol Corporation (NYSE:APH) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
In another article we discussed Amphenol Corporation (NYSE:APH) and shared the list of chip stocks in focus amid the tech sector selloff. Aristotle Atlantic Large Cap Growth Strategy initiated a position in Amphenol Corporation (NYSE:APH) during Q4 2024 because of its promising growth prospects. In addition, please check out our hedge fund investor letters Q3 2024 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.