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) pushed the Technology sector lower today making it today's featured Technology laggard. The sector as a whole closed the day up 0.3%. By the end of trading, Amphenol fell $8.22 (-9.7%) to $76.35 on heavy volume. Throughout the day, 3,217,701 shares of Amphenol exchanged hands as compared to its average daily volume of 652,800 shares. The stock ranged in price between $76.00-$79.00 after having opened the day at $78.92 as compared to the previous trading day's close of $84.57. Other companies within the Technology sector that declined today were:
), down 13.2%,
), down 10.8%,
), down 9.8% and
), down 9.7%.
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Amphenol Corporation provides electrical, electronic, and fiber optic connectors; interconnect systems; and coaxial and specialty cables worldwide. Amphenol has a market cap of $13.5 billion and is part of the electronics industry. Shares are up 30.7% year to date as of the close of trading on Wednesday. Currently there are 5 analysts that rate Amphenol a buy, no analysts rate it a sell, and 4 rate it a hold.
TheStreet Ratings rates
. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, growth in earnings per share, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins.
- You can view the full Amphenol Ratings Report.
On the positive front,
), up 63.4%,
), up 17.2%,
), up 14.1% and
), up 12.7% , were all gainers within the technology sector with
) being today's featured technology sector leader.
- Use our technology section to find sector-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the technology sector could consider
) while those bearish on the technology sector could consider
- Find other investment ideas from our top rated ETFs lists.