Topic: How To Invest

Q: Thanks for all your recommendations over the years, Pat. Can I have your advice on Eaton Corp.?

Article Excerpt

A: Eaton Corp. plc, $370.94, symbol ETN on New York (Shares outstanding: 395.2 million; Market cap: $147.0 billion; www.eaton.com), is a power management company. Eaton serves many markets: datacentre, utility, industrial, commercial, machine building, residential, aerospace and mobility markets. Founded in 1911, the company expanded worldwide and now has customers in more than 160 countries. Eaton operates through four segments: Electrical Americas and Electrical Global, Aerospace, Vehicle, and eMobility. The Electrical Americas and Electrical Global segment includes electrical components, industrial components, and power distribution and assemblies. It provides these products wherever there is a demand for electrical power. Its main markets are industrial, institutional, government, utility, commercial, residential and information technology. The Aerospace segment supplies aerospace fuel, hydraulics, and pneumatic systems for commercial and military use. Plus, it supplies filtration systems for industrial applications. Products, here, include pumps, motors, hydraulic power units, hoses and fittings, electro-hydraulic pumps, and valves. The Vehicle segment makes drivetrains, powertrain systems and components that reduce emissions and improve fuel economy…