Many investors have never heard of Eaton (NYSE:ETN), but that’s actually great news. Eaton stock can be a hidden gem in your portfolio this year, especially if you’re in the market for a “backdoor” or indirect artificial intelligence play. Just to recap, designs and commercializes intelligent power systems. It’s an old company that’s been around since 1911. Yet, during the power-intensive Era of AI, Eaton is in the right time and the right place to potentially generate substantial revenue. Eaton Goes Global ...

The U.S. economy is certainly showing some signs of slowing, raising questions about which stocks to buy for slowing U.S. growth. According to the household survey of the May employment report, the number of people with jobs dropped by 408,000 last month. Further, the unemployment rate rose to 4% for the first time since January 2022 and the labor force participation rate dropped by 0.2 of a percentage point. Also in May, the Institute for Supply Management’s manufacturing purchasing managers index (PMI) ca ...

The overall market continues its impressive performance, with the SPDR S&P 500 ETF Trust NYSE: SPY up 12.35% year-to-date. While the tech sector has been the primary driver, other sectors have also contributed to the rally. One such sector is industrials, represented by the Industrial Select Sector SPDR Fund NYSE: XLI, which has lagged slightly behind the broader market, up 7.32% year-to-date. Over the past week, the XLI ETF has been consolidating in a tight range, with its 20 and 50-day Simple Moving Avera ...

业绩总结 - 公司2024年第一季度实现归母净利润8.2亿美元，同比增长29%[6] - 美洲电气业务实现营业收入26.9亿美元，同比增长17%，经营利润率为29.2%[8] - 公司在手订单增长强劲，电气化业务订单同比增长19%，航空航天业务订单同比增长6%[10] - 公司将2024年北美电气化业务增速上修1%，经营利润率提高1.0pct至27.8%-28.2%[12] - 调整EPS提高0.25美元至10.2-10.6美元，收入增长率提高0.5%至7%-9%[13] - 预计2024-2026年公司实现营业收入249/265/281亿美元，同比增长7%/6%/6%[13]

Eaton Corp. plc (ETN) , with its rising backlogs, systematic capital expenditure, rising earnings estimates and strong ROE, offers a great investment opportunity in the Industrial Products sector. Let’s focus on the reasons that make this Zacks Rank #2 (Buy) stock a solid investment pick at the moment. Growth Projections & Surprise History The Zacks Consensus Estimate for ETN’s 2024 earnings per share (EPS) has increased 3.2% to $10.56 in the past 90 days. The Zacks Consensus Estimate for ETN’s total revenu ...

Eaton (ETN) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock. Shares of this power management company have returned +5.1% over the past month versus the Zacks S&P 500 composite's -0.3% change. The Zacks Manufacturing - Electronics industry, to which Eaton belongs, has gained 0.2% over this period. Now the key question is: Where could the stock be headed in the near term? Although ...

Industrial stocks have been on a tear, and there are various reasons for optimism. The Biden Administration’s Infrastructure Investment and Jobs Act (IIJA) authorized spending $850 billion across hundreds of different projects around the nation. Disbursement of that money is already well under way, with a great deal of jobs and economy activity arising as a result; this has been a massive stimulative event for industrial stocks. In addition, technological breakthroughs are driving activity in the space. Ele ...

Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. However, it isn't easy to find a great growth stock. In addition to volatility, these stocks carry above-average risk by their very nature. Also, one could end up losing from a stock whose growth story is actually over or nearing its end. However, the Zacks Growth Style Score (part of the Zacks Style Scores system), which looks beyond the tr ...

Have you been paying attention to shares of Eaton (ETN) ? Shares have been on the move with the stock up 1.1% over the past month. The stock hit a new 52-week high of $333.06 in the previous session. Eaton has gained 32.2% since the start of the year compared to the 5.6% move for the Zacks Industrial Products sector and the 15.2% return for the Zacks Manufacturing - Electronics industry. What's Driving the Outperformance? The stock has a great record of positive earnings surprises, as it hasn't missed our e ...

Guidance lifts commonly inject positivity into shares, with investors scrambling to get in and ride the momentum. Companies raise their outlooks when business is fruitful, sending a bullish message to shareholders. Recently, several companies, including Coca-Cola (KO) , Eaton (ETN) , and Eli Lilly (LLY) , have raised their outlooks, with shares moving higher following the announcements. For those interested in recent bullish activity, let’s take a closer look at each. Coca-Cola Beverage titan Coca-Cola post ...