Amphenol Corporation (NYSE:APH) is one of the stocks Jim Cramer recently expressed his thoughts on. Answering a caller’s query about the stock during the lightning round, Cramer said:
“Oh, that’s a good company, man. It’s just, it’s just a rocket ship, I know, but it’s a good company. Is it cheap? No, but some… good companies are not going to be cheap. I like that call, and I like the idea that you’re getting it. We are not traders, okay? We are compounders.”
Stock market data showing an upward trajectory. Photo by Burak The Weekender on Pexels
Amphenol Corporation (NYSE:APH) develops and markets connectors, interconnect systems, cables, antennas, and sensor products. The company’s solutions support sectors including automotive, aerospace, communications, IT, and defense. Cramer called it an amazing company in an August episode, as he stated:
“Okay, this is an amazing company because it really, before we really got all excited about the data center, it was really just a kind of coaxial cable company. It is highly valued right now. It’s in the high 30s multiple. I can’t say chase the stock. If I owned it, I guess I’d hold it. That’s all I can say.”
While we acknowledge the potential of APH as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.