Eaton Corp. (ETN-N)

Electrification equipment. Has done tremendously well. Has become quite expensive. Look at on pullbacks.

Recently sold on price exhaustion. Outgrew growth of earnings. Yes, sees continued growth of earnings, but the stock price more than compensated him for that growth. This is where valuation is so terribly important in your analysis.

Just bought it, because they're increasing their backlog a lot as orders rose from 2-7% in the last quarter. Are benefitting from the electrical side and power quality plus they have aviation/aerospace exposure, industrial areas she loves. She just started with a partial position.

Done very well. Trades at 26x earnings, growing in low teens for both EPS and cashflow. Expects just north of $10 EPS for fiscal 2024. Likes it, but getting to the high side. He'd still buy, but if it grew another 5-10%, he'd look to exit.

Engineered parts for industrial applications. Current valuation very attractive to investors (~22 P/E). Growing steadily and consistently. Electrification business growing very strong. Excellent balance between growth and value. $2 Trillion from US government ear marked for development will help company. 

An earnings winner. Their data centres are building out to meet the growing adoption of gen-AI. The company has its fingerprints on anything that generates clean electricity.

Many megaprojects will get going that will benefit ETN. This pullback is close to historic PE norms. Expect better toplines for industrials like this.

Excellent share performance this year.
Electrical equipment for supply generation and distribution.
USA focus excellent for performance of business.
Excellent company for clean power space.
Great long term hold despite premium in share price. 

(Market Call Minute.) He likes the industrials and this looks very interesting. They provide engineered equipment to different companies.

(Top Pick Jun 5/14, Down 7.72%) He was surprised. It went down on the oil sell off. It got unfairly punished. It is an industrial, cyclical and they all got hit hard with the risk off market. He sold it. He is not adding to industrial exposure at this point. There is lots of buffer for their dividend.

(Top Pick Jun 5/14, Down 6.18%) He lightened up on industrials in the portfolio. Analysts see a 20% upside on this one.

He has been waiting to buy it. It sold off because of end market exposure. 13 times next year’s earnings. It is reasonable and he would buy here. He is now nibbling away at it.