The whole point of equity investment to assess, and discount, the value
of tomorrow's earnings into today's dollars. To that end, Eaton (NYSE:ETN)
is an interesting story. I believe the company is getting through the
worst in the hydraulics and vehicle businesses, and that the electrical
business should see many years of solid growth. On the other hand, the
market already likes this stock quite a bit, and it looks like investors
need to go elsewhere for a bargain.
Please follow this link for more:
http://www.investopedia.com/stock-analysis/051313/it-should-be-here-eaton-etn-emr-hon-itw-abb-ph.aspx
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