TimesSquare Capital Management released its second-quarter 2025 investor letter, reporting double-digit equity returns as global economic activity expanded. Growth indexes outperformed value counterparts, with global risk factors like Beta, Momentum, and Residual Volatility being highly rewarded. U.S. small and mid-cap growth indexes saw better returns from stocks with high valuations or negative earnings. The strategy returned 11.79% (gross) and 11.56% (net) compared to the Russell Midcap Growth Index’s 18.20% return. Top five holdings can be checked for more insights.

In its investor letter, TimesSquare Capital U.S. Focus Growth Strategy highlighted Amphenol Corporation (NYSE:APH), which designs and manufactures electrical, electronic, and fiber optic connectors. Amphenol Corporation’s stock gained 87.69% over the last 52 weeks, closing at $119.09 per share on September 10, 2025. The company reported higher-than-anticipated revenues and earnings, with strength across all end markets, especially data centers.

Amphenol Corporation (NYSE:APH) saw a 57% increase in sales to $5.650 billion in the second quarter of 2025. While 81 hedge fund portfolios held the stock at the end of the quarter, certain AI stocks are seen to offer greater upside potential with less downside risk. For those interested in undervalued AI stocks with significant potential benefits from Trump-era tariffs and onshoring trends, a free report on the best short-term AI stock is available.

Read more at Yahoo Finance: Amphenol Corporation (APH) Surged on Strength in End Markets