Back to top

Analyst Blog

Amphenol Corporation (APH - Analyst Report) recently announced that it has entered into an agreement to acquire the Advanced Sensors business of General Electric (GE - Analyst Report) for approximately $318 million.

General Electric’s Advanced Sensors unit is a supplier of highly engineered sensors and sensor-based instruments. The company sells its products to transportation, automotive, medical and other industrial markets. The acquisition is expected to close by the end of this year and is expected to be accretive to earnings in the first year itself.
    
The strategic move is aimed to deliver value-added solutions to Amphenol’s customers across a wide range of end markets. The sensor and sensor-based product offerings complement Amphenol’s core interconnects offering and is expected to deliver long-term expansion opportunity. The experienced management team of Advanced Sensors and the strong operating discipline of Amphenol are expected to be beneficial for both the companies.

Over the years, Amphenol has acquired on a global basis in the high-growth segments that have complementary capabilities from a product, customer or geographic standpoint.
    
Amphenol designs and manufactures connectors and interconnecting systems that are primarily used to transmit electrical and optical signals for a wide range of sophisticated electronic applications. The company designs, manufactures and markets electrical, electronic and fiber optic connectors, interconnect systems and coaxial and high-speed specialty cable.

Amphenol currently has a Zacks Rank #3 (Hold). Other stocks that look promising and are worth a look now include Avago Technologies Ltd (AVGO - Analyst Report), carrying a Zacks Rank #1 (Strong Buy), and Molex Inc. , carrying a Zacks Rank #2 (Buy).

Please login to Zacks.com or register to post a comment.

New to Zacks?

Start Here

Zacks Investment Research

Close

Are you a new Zacks Member or a visitor to Zacks.com?

Top Zacks Features

My Portfolio Tracker

Is it Time to Sell?

One of the most important steps you can take today is to set up your portfolio tracker on Zacks.com. Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts.

More Zacks Resources

Zacks Rank Home - Evaluate your stocks and use the Zacks Rank to eliminate the losers and keep the winners.

Mutual Fund Rank Home - Evaluate your funds with the Mutual Fund Rank for both your personal and retirement funds.

Stock/Mutual Fund Screening - Find better stocks and mutual funds. The ones most likely to beat the market and provide a positive return.

My Portfolio - Track your Portfolio and find out where your stocks/mutual funds stack up with the Zacks Rank.

Zacks #1 Rank Top Movers for Zacks #1 Rank Top Movers

Company Symbol Price %Chg
RPC INC RES 24.91 +8.35%
LITHIA MOTO… LAD 94.59 +4.60%
DELTA AIR L… DAL 39.15 +3.90%
FLAMEL TECH… FLML 14.51 +3.50%
SOUTHWEST A… LUV 28.87 +2.92%