We recently published a list of These 10 Firms Topped Wednesday’s Trading. In this article, we are going to take a look at where Amphenol Corp. (NYSE:APH) stands against other firms that topped Wednesday’s trading.
Wall Street’s major indices rebounded anew on Wednesday as worries about tariff policies and the Federal Reserve’s independence tapered off after President Donald Trump assured that he had no intentions of ousting Jerome Powell.
The Nasdaq surged by 2.5 percent, the S&P 500 rose by 1.67 percent, while the Dow Jones increased by 1.07 percent.
Ten companies mirrored the broader market optimism as optimistic investors resumed pouring funds into their stocks. In this article, we have identified Wednesday’s 10 best-performing stocks during the intra-day trading and detailed the reasons behind their strong performance.
To come up with the list, we considered only the stocks with more than $2 billion in market capitalization and $5 million in intraday trading volume.
A team of technicians assembling a complex electrical connector in a factory environment.
Amphenol Corp. (NYSE:APH)
Amphenol Corp. grew its share prices for a second straight day, jumping 10.43 percent at intra-day trading before paring gains to close just 8.21 percent higher at $71.15 apiece as investor sentiment was boosted by its impressive earnings performance in the first quarter of the year.
In a statement, APH said it achieved a 34.8-percent increase in net income in the first three months of the year at $744.2 million versus the $552 million registered in the same period last year, as consolidated net sales increased by 50 percent to $4.8 billion from $3.2 billion year-on-year.
Despite the improved numbers, APH remained cautious about its business outlook for the second quarter of the year amid ongoing market uncertainties.
“Assuming the continuation of current market conditions as well as constant exchange rates, for the second quarter of 2025, [APH] expects sales to be in the range of $4.9 billion to $5 billion, representing a 36 percent to 39 percent increase over the prior year quarter. Adjusted Diluted EPS is expected to be in the range of $0.64 to $0.66, representing a 45 percent to 50 percent increase from the second quarter of 2024,” it said.
APH designs and manufactures electrical, electronic, and fiber optic connectors and interconnect systems, antennas, sensors and sensor-based products, and coaxial and high-speed specialty cables.
Overall, APH ranks 7th on our list of firms that topped Wednesday’s trading. While we acknowledge the potential of 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 time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than APH but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.
READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.
Disclosure: None. This article is originally published at Insider Monkey.
