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Eaton (ETN) is Still Buyable, Says Jim Cramer
Jim Cramer recommends Eaton Corporation (ETN) as a buy, citing strong fourth-quarter earnings, robust backlog, and exceeding order expectations, which suggest sustained growth. RBC Capital and Morgan Stanley both raised their price targets for ETN, maintaining Outperform and Overweight ratings, respectively. Cramer linked ETN’s potential to the impressive orders seen by electrical equipment provider Vertiv, reinforcing his positive outlook on the stock.