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Eaton: Unappreciated New-Age Stock - Barron's |
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| Jun 01, 2008 08:40 PM UTC |
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Via Long Investment Ideas from Seeking Alpha:
Barron's says Wall Street has yet to appreciate Eaton's (ETN) increased focus on energy-saving breakthroughs that are driving sales by saving its customers money. Once highly-dependent on autos and heavy trucks, CEO Sandy Cutler has cut auto and truck sales to just 28% of the parts supplier's revenue (from 38% in 2000), shifting its focus to other areas such as power management for datacenters and hydraulic systems for jets. 
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