AMPHENOL CORP-CL A (NYSE:APH) – A Strong Contender in High Growth Momentum and Minervini Trend

AMPHENOL CORP-CL A (NYSE:APH) has emerged as a compelling candidate for investors following the Minervini Trend Template while also exhibiting strong high-growth momentum. The company, a leader in electronic connectors and sensor systems, meets both technical and fundamental criteria that align with Mark Minervini’s strategy for identifying high-potential stocks.

Technical Strength: Meeting the Minervini Trend Template

The Minervini Trend Template focuses on stocks with strong uptrends, confirmed by moving averages and relative strength. APH checks all key criteria:

• Price Above Key Moving Averages:
  • Current price ($98.76) is above the 50-day ($90.37), 150-day ($75.99), and 200-day ($74.12) moving averages.
  • The 50-day MA is above both the 150-day and 200-day MAs, confirming bullish momentum.
• Upward-Trending MAs:
  • The 150-day and 200-day moving averages are rising, reinforcing long-term strength.
• Price Near 52-Week High:
  • APH is trading within 1.2% of its 52-week high ($99.99), a sign of sustained momentum.
• Strong Relative Strength:
  • With a ChartMill Relative Strength (CRS) score of 91.21, APH outperforms 91% of stocks, indicating leadership in its sector.

High Growth Momentum Fundamentals

Beyond technicals, APH demonstrates strong growth fundamentals:

• Earnings Growth:
  • EPS growth (TTM) stands at 35.9%, with recent quarterly growth at 57.5%.
  • Analysts have raised next-year EPS estimates by 15.3% over the past three months.
• Revenue Expansion:
  • Revenue growth (TTM) is 30.7%, with the latest quarter showing 47.7% year-over-year growth.
  • Revenue estimates for next year have been revised upward by 9.1%.
• Consistent Profitability:
  • Profit margins remain healthy at 15.3% (latest quarter), with a trailing twelve-month margin of 15.9%.
  • The company has beaten EPS estimates in all of the last four quarters, with an average beat of 11.6%.

Technical Analysis Summary

According to ChartMill’s technical report, APH scores 9 out of 10 on technical strength, with both short-term and long-term trends positive. The stock is consolidating near resistance at $99.46, presenting a potential breakout opportunity. A suggested entry point is $99.47, with a stop-loss at $96.16, limiting downside risk to 3.3%.

Our High Growth Momentum + Trend Template screener lists more stocks with similar growth and trend characteristics.

Disclaimer

This is not investing advice. The article highlights observations at the time of writing, but investors should conduct their own analysis before making decisions.