Dear Reader,

Gold just surged past $3,600 an ounce.

Up almost 25% in the last six months.

And 45% in the last year.

But we believe this is just the start.

Weiss Ratings’ in-house gold expert Sean Brodrick … who has been tracking precious metals for over three decades … believes gold could surpass $6,900 very soon.

However, here’s what Sean knows that most people don’t …

Every time gold has made big moves, there’s another investment that has done WAY better.

Imagine banking 21 times … 49 times … 157 times … 218 times … even 1,386 times more than just holding physical gold.

It happened in the 1970s.

It happened in 2008.

And Sean thinks it could happen again right now.

The best part? You don’t need to buy a single gold coin to have a chance at gains like that.

Most folks have no idea it even exists, but this is the exact same strategy that gave smart investors an opportunity to make an incredible 26,000% gain during a past gold bull run.

With gold at record highs right now and showing no signs of stopping, this opportunity is heating up fast.

Don’t delay.

Click here to see how this strategy works.

Chris Hurt,
Weiss Ratings

Amphenol: The Unseen Giant Behind Every Major Tech Trend

Written by Jeffrey Neal Johnson. Published 10/8/2025.

While investors chase headline names in the artificial intelligence (AI) gold rush, a quieter powerhouse is supplying the essential picks and shovels for nearly every major technology trend.

Amphenol (NYSE: APH), a manufacturer of the connectors, sensors, and cables that form the backbone of modern electronics, has emerged as a fundamental player in the digital world. Amphenol’s stock price has climbed more than 77% year-to-date, signaling that the market is increasingly recognizing its strategic importance.

The company offers a robust and resilient way to invest in broad technological progress—particularly the AI boom that is reshaping industries.

The Business of Being Everywhere

At its core, Amphenol is in the business of connection. It designs and manufactures the high-tech plumbing that allows data and power to move reliably within complex electronic systems. The company’s strength is its deep diversification, which provides a stable foundation and reduces the risk of a slowdown in any single sector. Amphenol’s operations span a wide range of end markets, making it a truly global and multifaceted industrial leader.

• IT & Datacom: High-speed and power solutions for servers, AI accelerators, and networking equipment.
• Defense & Aerospace: Ruggedized components for fighter jets, missile systems, and military communications.
• Automotive: Critical parts for electric vehicles (EVs) and advanced driver-assistance systems (ADAS).
• Industrial: Components for factory automation, advanced medical devices, and alternative energy infrastructure.

This diversified model is not just defensive; it is highly profitable. In its second-quarter 2025 earnings report, Amphenol reported a record adjusted operating margin of 25.6%, placing it among the elite in the industrial technology sector. That margin reflects the company’s shift toward more complex, higher-value products and is supported by a healthy balance sheet — a debt-to-equity ratio of 0.61 and strong free cash flow of $1.1 billion for the quarter. Management’s shareholder-friendly policies further underscore confidence: a consistent quarterly dividend of $0.165 per share and an active $2 billion share repurchase program.

Amphenol’s AI Boom: A 133% Growth Story

Beyond stability, Amphenol is experiencing explosive growth driven by AI. The company has become an indispensable partner in the global buildout of AI infrastructure. In the second quarter of 2025, sales in Amphenol’s IT Datacom segment surged 133% year-over-year, driven almost entirely by demand from AI applications.

AI servers demand immense power and must process data at unprecedented speeds, creating engineering challenges around signal integrity and thermal management. Amphenol’s highly engineered components are specifically designed to meet those challenges, making the company a vital link in the AI supply chain. With an estimated 33% market share in this niche, Amphenol is a dominant force.

Company leadership sees this as a long-term structural shift rather than a temporary spike. On a recent earnings call, CEO R. Adam Norwitt said the “revolution in AI continues to create a unique opportunity” for the company, noting that Amphenol is often the “first phone call” for firms designing next-generation systems.

Compounding Growth Through Acquisition

Amphenol is actively shaping its future through a disciplined acquisition strategy. For years, the company has grown by acquiring complementary businesses to expand its technology portfolio, deepen market penetration, and widen its competitive moat. This M&A approach is a repeatable pillar of its growth formula, illustrated by two recent deals.

The planned $10.5 billion acquisition of CommScope’s (NASDAQ: COMM) Connectivity and Cable Solutions (CCS) business will significantly bolster Amphenol’s fiber-optic capabilities, positioning it for greater dominance in data centers and communications markets. The planned $1 billion acquisition of Trexon, a specialist in high-reliability components, is set to strengthen the company’s position in the high-growth defense market. These strategic moves show management using its strong financial position to secure future revenue streams and compound growth.

A Premium Price for a Premier Company

Given its performance, Amphenol trades at a premium, with a trailing price-to-earnings ratio of roughly 49 and a forward P/E near 52. While higher than many industrial peers, this valuation reflects the company’s best-in-class status, superior growth, and exceptional profitability. With projected earnings growth around 12%, investors appear willing to pay for a high-quality business leading several promising technology sectors.

Wall Street sentiment remains positive, with a consensus analyst rating of Moderate Buy. Although the average 12-month price target sits below current trading levels, analysts have been raising targets in response to the company’s strong quarterly results, signaling growing appreciation for Amphenol’s long-term earnings power.

A Core Holding for the Future of Tech

Amphenol combines stability with significant upside. Its diversified business provides a resilient foundation while its essential role in the AI buildout is a powerful catalyst for future growth. Through organic innovation, strategic acquisitions, and strong financial discipline, the company has established a formula for profitable, long-term expansion. For investors seeking a high-quality, foundational technology holding, Amphenol deserves a prominent place on any tech watchlist.