Eaton (ETN), with its consistent performance, rising estimates for earnings and regular investment in R&D activities, makes a strong case for investment in the Industrial Products sector.
The average brokerage recommendation (ABR) for Eaton (ETN) is equivalent to a Buy. The overly optimistic recommendations of Wall Street analysts make the effectiveness of this highly sought-after metric questionable. So, is it worth buying the stock?
Holding on to popular or trending stocks for the long-term can make your portfolio a winner.