Qualivian Investment Partners, an investment partnership focused on long-only public equities, released its Q3 2025 investor letter. A copy of the letter can be downloaded here. The fund outperformed the iShares MSCI USA Quality Factor ETF (QUAL) by 69.2% and 61.3% on a gross and net basis, since inception through September 30, 2025. It also exceeded the S&P 500 by 32.7% and 26.1% respectively, on a gross and net basis. In addition, please check the fund’s top five holdings to know its best picks in 2025. ...

Group 1 - The primary goal of the "High Income DIY Portfolios" service is to provide high income with low risk and capital preservation for DIY investors [1] - The service offers seven portfolios designed for income investors, including retirees, featuring three buy-and-hold portfolios, three rotational portfolios, and a conservative NPP strategy portfolio [1] - The portfolios aim to create stable, long-term passive income with sustainable yields, including two high-income portfolios and two dividend growth investment (DGI) portfolios [1] Group 2 - The "Financially Free Investor" focuses on investing in dividend-growing stocks with a long-term horizon and employs a unique 3-basket investment approach [2] - This approach aims for 30% lower drawdowns, 6% current income, and market-beating growth over the long term [2] - The service includes a total of 10 model portfolios with varying income targets, buy and sell alerts, and live chat for portfolio management and asset allocation [2]

Aoris Investment Management, a specialist international equity manager, released its “Aoris International Fund” Q3 2025 investor letter. A copy of the letter can be downloaded here. Global equity markets, represented by the MSCI AC World Accumulation Index ex Australia, rose by 6.5% in AUD for the September quarter. In local currencies, gains were 8.0%, but currency fluctuations reduced the AUD return by 1.5%. In the quarter, Portfolio’s Class A (Unhedged) returned -2.6% after fees compared to a 6.5% retur ...

Key Takeaways Amphenol's Harsh Environment Solutions segment rose 27% YoY to $1.52B in Q3 2025, driven by new offerings. APH launched TS1 connectors and TEMPER-GRIP contacts to meet growing industrial and energy demands.Amphenol projects Q4 2025 revenue of $6B-$6.1B, implying 39%-41% growth over the prior-year period. Amphenol (APH) is benefiting from strong growth in its Harsh Environment Solutions segment, which accounted for 24.5% of third-quarter 2025 net sales, driven by an expanding portfolio. Harsh E ...

Core Insights - nVent Electric (NVT) and Amphenol (APH) are key players in the electrical equipment and connectivity industry, benefiting from increasing demand for data centers, electrification, and industrial upgrades [1][3] nVent Electric Overview - nVent Electric specializes in electrical enclosures, connections, and protection products for industrial, commercial, and infrastructure markets, including data centers [2] - The company is experiencing strong demand from data center customers, particularly due to the rise in artificial intelligence (AI) workloads, with organic orders increasing approximately 65% year over year in Q3 2025 [4] - nVent Electric's backlog grew in double digits sequentially in Q3 2025, indicating a solid base for future revenues [4][7] - The company is expanding its capacity with a new facility in Minnesota set to double its liquid cooling production by early 2026 [6] - The Zacks Consensus Estimate for nVent Electric's total revenues in 2025 is $3.83 billion, reflecting an 11.1% year-over-year increase, with projections for 2026 indicating a 14.8% growth to $4.39 billion [7] Amphenol Overview - Amphenol designs and manufactures electrical, electronic, and fiber-optic connectors and interconnect systems for various industrial and technology applications [2] - The IT datacom unit of Amphenol surged in Q3 2025, becoming its largest end market with a 128% year-over-year growth in sales [11] - Amphenol's products are critical for AI systems, facilitating efficient data transfer and power capacity, which is essential as AI workloads increase [12] - The company expects IT datacom revenues to more than double in full-year 2025, supported by strong customer relationships and early involvement in system design [13][14] - The Zacks Consensus Estimate for Amphenol's total revenues in 2025 is $22.74 billion, indicating a 49.4% year-over-year increase, with projections for 2026 showing a 12.4% growth to $25.56 billion [15] Comparative Analysis - nVent Electric faces margin pressures from tariffs and inflation, which negatively impacted adjusted operating income by $45 million in Q3 2025 [10] - In contrast, Amphenol is experiencing faster growth, particularly in its IT datacom business, which is now its largest revenue source [23][24] - nVent Electric's shares have gained 6.2% over the past three months, while Amphenol's shares have risen 8.9% [20] - Currently, nVent Electric trades at a forward sales multiple of 3.79X, while Amphenol trades at 6.25X, reflecting higher growth expectations for Amphenol [22]

Group 1 - F&G Annuities & Life, Inc. (FG) has seen a 15% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1] - Amphenol Corporation (APH) has experienced an 8.6% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2] - Lightspeed Commerce Inc. (LSPD) has reported a 9.8% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2] - Allot Ltd. (ALLT) has seen a significant 57.1% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [3] - Bread Financial Holdings, Inc. (BFH) has experienced a 22.2% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [3]

Until recently (to be more precise, in August), I did not see a clear potential for growth in Amphenol shares , considering that a high growth rate and good financial results in general are already embedded in the price. However, theHi there! I’m Narek, and I’ve been in the investment world for over six years. I started out as an equity analyst at European banks, digging into reports and learning how to spot value in the markets. I’ve worked across sectors — from telecom to industry — and found that behind ...

Core Insights - Recent analysis indicates that Amphenol shares may not have clear growth potential due to high growth rates and strong financial results already reflected in the stock price [1] Company Analysis - Amphenol's stock performance was previously viewed as lacking growth potential until August, when the analyst reassessed the situation [1] Analyst Background - The analyst has over six years of experience in investment, with a focus on equity analysis across various sectors, including telecom and industry [1] - The analyst's educational background includes a bachelor's degree in Antwerp, a master's at KU Leuven, and an MBA in Finance from Vlerick, providing a strong theoretical and practical foundation for investment analysis [1]

Summary of J.P. Morgan's Hardware & Networking Sector Outlook Industry Overview - The report focuses on the **Hardware & Networking** sector, particularly the impact of **AI** on company performance and market dynamics leading into **2026** [1][38]. - The sector has experienced a **multi-year outperformance**, particularly driven by AI tailwinds starting in **2024** and continuing into **2025** [39]. Core Insights 1. **AI Valuation Premiums**: - The average AI company is trading at a **26% premium** to its historical multiples, indicating conservative investor expectations of **26% medium-term earnings growth** driven by AI [2][57]. - Initial outlooks suggest potential earnings growth acceleration of **60%-80%**, significantly higher than what is currently priced in [5][58]. 2. **Earnings Growth Expectations**: - Earnings acceleration of **60%-80%** is not fully reflected in current valuations, with investors pricing in only a **30% sustainable capex growth** [5][65]. - AI revenue exposure for average AI-levered suppliers is expected to rise from **27% in 2024** to **48% in 2027** [6][66]. 3. **Market Performance**: - The sector's share price performance has been significantly influenced by AI, with **AI companies outperforming non-AI companies** in both **2024** and **2025** [47]. - In **2024**, AI stocks saw a **73% increase** in share prices, with a **27% re-rating** contributing to this performance [10]. 4. **Investment Recommendations**: - Top picks for **2026** include **Arista (ANET)**, **Amphenol (APH)**, and **Celestica (CLS)**, with a focus on companies that leverage AI for growth [8][19][20]. - **Arista** is highlighted for its strong position in networking growth, while **Amphenol** benefits from increased fiber adoption in data centers [19][20]. 5. **Concerns and Risks**: - Investor skepticism regarding AI capex sustainability may limit valuation multiple re-rating, but earnings momentum is expected to drive share price outcomes [7][9]. - The report expresses caution regarding non-AI and cyclical companies, which may struggle due to prioritization of AI spending and supply chain constraints [16][17]. Additional Insights - **Capex Growth**: The report anticipates **52% capex growth** for AI companies in **2026**, driven by robust data center announcements from hyperscalers [11][12]. - **Networking vs. Compute Growth**: There is an expectation that networking growth will catch up to compute growth, with networking becoming a larger beneficiary of AI investments [14][15]. - **Memory Costs**: The impact of rising memory costs is noted, particularly affecting traditional infrastructure, while AI infrastructure is expected to be less price elastic [17][18]. Company Ratings and Price Targets - **Amphenol (APH)**: Overweight, target price **$160.00** by December **2026** [3]. - **Arista (ANET)**: Overweight, target price **$175.00** by December **2026** [3]. - **Hewlett Packard Enterprise (HPE)**: Overweight, target price **$30.00** by December **2026** [3]. - **Ingram Micro (INGM)** and **Insight Enterprises (NSIT)**: Downgraded to Underweight due to unfavorable enterprise spending outlook [17][18]. Conclusion - The Hardware & Networking sector is poised for continued growth driven by AI, with significant earnings upside expected in **2026**. Investors are encouraged to focus on companies with strong AI leverage while remaining cautious about non-AI sectors and potential supply chain challenges.

Core Insights - TimesSquare Capital Management's "U.S. Focus Growth Strategy" reported a gross return of 4.00% and a net return of 3.78% for Q3 2025, outperforming the Russell Midcap Growth Index's return of 2.78% [1] - Amphenol Corporation (NYSE:APH) is highlighted as a key investment, with a one-month return of -2.34% but a significant 71.52% increase over the past 52 weeks, closing at $129.24 per share with a market capitalization of $158.197 billion [2] - The company is recognized for its strong performance in the Information Technology sector, particularly in critical system provision and productivity-enhancing systems, with a notable 25% gain following a strong earnings report [3] Financial Performance - Amphenol Corporation's Q3 sales increased by 53% in US dollars and 52% in local currencies, reaching $6.194 billion [4] - The company contributed positively to the Baron Asset Fund's performance in Q3 2025, driven by rising expectations in data center spending due to accelerating AI adoption [5] Investment Sentiment - Despite Amphenol's strong performance, it is not among the top 30 most popular stocks among hedge funds, with 89 hedge fund portfolios holding the stock at the end of Q3, up from 81 in the previous quarter [4] - There is a belief that certain AI stocks may offer greater upside potential compared to Amphenol, indicating a competitive investment landscape [4]