Where Will Eaton Be in 5 Years?
Eaton (NYSE: ETN) has been a great investment for me. I've owned it since 2015, when it was still working on integrating Cooper Industries. That acquisition, and subsequent fine tuning, has been hugely important to Eaton's development as a business. In five years, I expect Eaton to be an even better business than it is today.
Eaton is an over 100-year-old industrial company that has long focused on power management. It started life selling truck transmissions, which it still does today. But the business took a major directional shift when Cooper was acquired. Cooper's primary focus was on managing the flow of electricity, and it materially increased Eaton's exposure to this niche of power management.
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Source Fool.com
