Companies that consistently increase their sales, margins, or returns on capital are usually rewarded with the best returns,
and those that can do all three for years on end are almost always the legendary stocks that return 100 times your money.
Shares of electrical connector manufacturer Amphenol (NYSE:APH) jumped 5.7% in the afternoon session after analysts at Goldman Sachs and BofA raised their price targets, citing the company's growing role as a key supplier for the artificial intelligence (AI) industry.
WALL STREET – January 12, 2026 – In a market increasingly defined by the physical limits of data transmission, Amphenol Corporation (NYSE:APH) has emerged as the undisputed titan of the "picks and shovels" era of artificial intelligence. Shares of the Connecticut-based interconnect giant surged to an all-time high of $147.07
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how electronic components & manufacturing stocks fared in Q3, starting with TTM Technologies (NASDAQ:TTMI).
Three of the four — Amphenol, Alphabet and Reddit — have ties to artificial intelligence, which is expected to remain a major investment theme in 2026.
While strong cash flow is a key indicator of stability, it doesn’t always translate to superior returns.
Some cash-heavy businesses struggle with inefficient spending, slowing demand, or weak competitive positioning.
