Eaton: Unappreciated New-Age Stock - Barron's - Barron's

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Eaton: Unappreciated New-Age Stock - Barron's
Jun 01, 2008 08:40 PM UTC

Barron's

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Symbol	Sentiment	Start	Return	Closed
ETN		06/01/08	-32.45%	--

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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