I remain upbeat about the shares of Amphenol (APH), a diversified electronics manufacturer. The company continues to benefit from improved end-market demand, new product rollouts and market share gains. Demand continues to be strong in the automotive, industrial, mobile networks and military markets. The diversification in end markets, with a consistent focus on technology innovation and customer support through all phases of the economic cycle, enable the company to deliver solid organic growth.Besides, in order to fuel growth, Amphenol aims to make acquisitions on a global basis in the high-growth segments that have complementary capabilities from a product, customer and/or geographic standpoint. Recently, the company acquired Switzerland-based SGX Sensortech that designs and manufactures air quality sensors used in a variety of automotive and industrial applications. Earlier, it bought California-based All Systems Broadband, a leading supplier of cable assemblies and value added fiber optic products for the broadband market. These deals should strengthen Amphenol’s global capabilities and enhance the company’s product offering in these important end markets.Amphenol’s financials for the third quarter of 2016 were solid, with both top and bottom line beating consensus estimates. Revenues increased 12% y-o-y to $1.636 bn driven growth across almost all markets. Adjusted operating income rose 12.8% to $332.6 mn, with operating margin reaching record high of 20.3%, and adjusted earnings per share climbed 12.3% to 73 cents. The company improved full year 2016 revenues and EPS guidance and raised its quarterly dividend by 14% to 16 cents per share, which offers annualized dividend yield of around 0.9%.I expect Amphenol’s shares to continue growth, with medium-term target at $75. $APH, Amphenol Corporation / 1440