Philadelphia Factory Optimism Hits 43-Year Highs: Investors 'MADE' This Trade
Philadelphia Fed factory activity jumped to 47.4 in August versus 25.0 expected, and six-month optimism hit its highest level since 1983.
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Amphenol (NYSE:APH) has outperformed the market over the past 5 years by 23.02% on an annualized basis producing an average annual return of 34.54%. Currently, Amphenol has a market capitalization of $185.78 billion.
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Philadelphia Fed factory activity jumped to 47.4 in August versus 25.0 expected, and six-month optimism hit its highest level since 1983.
Read original at benzingaOnly 3.85% of S&P 500 stocks now yield more than the 10-year Treasury, the lowest since May 2007. Benzinga found 118 mega-caps that pay less.
Read original at benzinga