We recently published Wall Street Analysts Like These 10 Stocks. Eaton Corporation plc (NYSE:ETN) is one of the stocks analysts were recently talking about.
Bartlett Wealth Management’s Holly Mazzocca said in a latest program on CNBC that she likes Eaton.
“One area where we are seeing it is in the industrial space and there’s stocks like Eaton Corporation PLC (NYSE:ETN) that we really favor in this environment and area because they are not only an AI play and a growth of the data center play but they’re also looking beyond that as we continue to see the modernization of our electric grid. We’re expecting the US electricity demand to grow sixfold in the next 6 years. This is an impressive amount of growth and there are lots of companies that will benefit from it as we start to look beyond just the impact of those mag seven names.”
Photo by Dimitris Chapsoulas on Unsplash
Macquarie Core Equity Fund stated the following regarding Eaton Corporation plc (NYSE:ETN) in its second quarter 2025 investor letter:
“Eaton Corporation plc (NYSE:ETN) performed well during the quarter. The maker of electrical equipment for critical end markets including power generation, transmission, datacenters, and industrial and corporate applications rebounded on renewed AI optimism. The company also maintains a strong aerospace components business likely to benefit from growth in aircraft production and continued refurbishment of older aircraft.”
While we acknowledge the potential of ETN as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.