Jim Cramer remains bullish on Eaton Corporation (NYSE:ETN), recommending it as “still buyable” due to strong financial performance and analyst upgrades. RBC Capital and Morgan Stanley both raised their price targets for Eaton, citing strong fourth-quarter earnings and promising backlogs. Cramer specifically linked Eaton’s prospects to the robust orders seen by electrical equipment provider Vertiv.
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Eaton (ETN) is Still Buyable, Says Jim Cramer
Jim Cramer remains bullish on Eaton Corporation (NYSE:ETN), recommending it as “still buyable” due to strong financial performance and analyst upgrades. RBC Capital and Morgan Stanley both raised their price targets for Eaton, citing strong fourth-quarter earnings and promising backlogs. Cramer specifically linked Eaton’s prospects to the robust orders seen by electrical equipment provider Vertiv.