Over the past year, a lot of the industrial conglomerates have moved together in a fairly tight group, Eaton (ETN)
included. Given the company's middle-of-the-road financial performance
and fairly average valuation, Eaton looks like an okay pick, but not
necessarily anything special. The company still has the potential to
drive additional savings and leverage from the Cooper deal and harness
improving conditions in vehicle and aerospace markets, but the company's
industrial business isn't offering the same prospects.
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Eaton Offering Middling Performance And Middling Value
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