Shares closed at $138.47 on Wednesday as the S&P 500 gained 1.46% to 7,365.12 and the Dow rose 1.24% to 49,910.59.
Despite the rebound, Amphenol remained 17.10% below its 52-week high of $167.04 reached on 27 January.
Among peers, Eaton climbed 2.56% and TE Connectivity jumped 4.46%, while Enphase Energy slipped 0.61%, leaving Amphenol's performance mixed against competitors.
Can Amphenol's M&A strategy and dividends help it reclaim its 52-week high despite market underperformance?
With a stretched valuation, is Amphenol a smart buy over competitors who performed better during the rally?