NYSE:ETNElectrical
Is Eaton’s Electrification Boom Already Priced In After Its Powerful Multi Year Run?
Wondering if Eaton at around $323 a share is still a smart buy or if most of the upside is already priced in? Let us unpack what the market might be missing in the current valuation.
Even after a modest 2.5% gain over the last week, the stock is still down 2.0% over the past month and 2.5% year to date. This looks like a pause after a powerful multi year run of 116.9% over three years and 195.2% over five.
Recent headlines have focused on Eaton as a key beneficiary of long term spending on...