Amphenol Corp. (NYSE:APH) Combines Minervini Trend Template and High Growth Momentum for Strong Investment Potential

Amphenol Corp. (NYSE:APH) has been identified through a screening process that combines Mark Minervini’s Trend Template with a High Growth Momentum (HGM) filter. This method ensures the stock meets strict technical criteria for strong upward trends while also displaying fundamental growth traits that attract momentum investors.

Minervini’s Trend Template aims to find stocks in strong upward trends by analyzing moving averages, relative strength, and price movement. The HGM rating, on the other hand, evaluates earnings and revenue growth acceleration, confirming the company shows solid business performance. Stocks that meet both conditions often represent promising opportunities with a good risk-reward balance.

Why Amphenol Fits the Minervini Trend Template

Amphenol’s technical setup matches Minervini’s requirements for a strong upward trend:

• Price Above Key Moving Averages: The stock is trading above its 50-day ($100.77), 150-day ($81.62), and 200-day ($79.14) moving averages, confirming bullish trends in both short and long terms.
• Rising Moving Averages: The 150-day and 200-day MAs are increasing, supporting continued upward movement.
• Relative Strength: With a ChartMill Relative Strength (CRS) score of 91.53, APH performs better than 91% of all stocks, showing strong market leadership.
• Near 52-Week High: The stock is close to its 52-week high of $112.35, a sign of ongoing strength.
• Volume Trends: Average daily volume of 8.79 million shares ensures liquidity, important for institutional involvement.

These factors place Amphenol in Stage 2 (uptrend) of Minervini’s stage analysis, making it a strong candidate for further review.

High Growth Momentum Fundamentals

Beyond technical strength, Amphenol shows improving growth metrics that support its HGM rating:

• Earnings Growth:

  • EPS Growth (TTM): +51.83% YoY
  • Quarterly EPS Growth (Q2Q): +84.09% (latest quarter)
  • EPS Estimate Beats: The company has exceeded earnings estimates in all of the last four quarters, with an average surprise of +15.08%.

• Revenue Growth:

  • Revenue Growth (TTM): +40.51% YoY
  • Quarterly Sales Growth (Q2Q): +56.53% (latest quarter)
  • Revenue Estimate Beats: Four straight beats, averaging +8.54% above expectations.

• Profit Margins:

  • Latest quarter profit margin: 19.31%, up from 15.34% in the prior quarter, showing better efficiency.

These metrics indicate Amphenol is not just benefiting from a technical uptrend but is also supported by strong business performance—a key trait of Minervini’s top-performing stocks.

Technical Analysis Summary

ChartMill’s technical report gives APH a perfect 10/10 technical rating, highlighting:

• Strong long- and short-term trends.
• Consistent market outperformance.
• A 7/10 setup rating, suggesting a recent consolidation that may offer a good entry point.
• Key support levels at $104.31 (daily) and $64.01 (weekly), providing downside protection.

For a detailed review, see the full technical report here.

Conclusion

Amphenol Corp. presents a strong case for both trend-following and growth investors. Its alignment with Minervini’s Trend Template confirms a solid technical foundation, while its high growth momentum metrics reflect underlying business strength. Investors looking for similar opportunities can explore more high-growth momentum stocks by using the High Growth Momentum + Trend Template screen.

Disclaimer: This analysis is for informational purposes only and does not constitute investment advice. Always conduct your own research and consider risk management strategies before trading.