COMM - Amphenol: More And Solid Deals
2024-07-18 17:31:08 ET
Summary
- Amphenol Corporation provides a wide range of electronic products globally, posting solid growth and making strategic acquisitions.
- Amphenol has made two interesting deals so far this year, adding to a solid (dealmaking) track record.
- Despite impressive financial performance and recent acquisitions, the high valuation of Amphenol shares makes it less appealing for investment.
In February, I believed that Amphenol Corporation ( APH ) started the year with a solid deal when it acquired CIT. After a solid first quarter and a stock split, the company announced another substantial deal, at a huge relative discount....
Amphenol: More And Solid Deals