Jim Cramer’s Latest Lightning Round: 8 Stocks in Focus

1. Eaton Corporation plc (NYSE:ETN)

Number of Hedge Fund Holders: 90

Cramer likes Eaton Corporation plc (NYSE:ETN) and said to own the stock, not sell it.

“Oh no, you want to hold, you know Eaton is a buy-and-hold story. They’ve really done incredible work to be able to revolutionize that portfolio. They are pure winners at Eaton. Do not sell, own.”

Eaton (NYSE:ETN) is a global power management company that specializes in providing various products and services across several sectors, including electrical, aerospace, vehicle, and eMobility industries. The company has been actively making strategic investments to expand its capacity and improve its operations.

It has committed to incremental capacity investments totaling $1.5 billion, an increase of $500 million from its earlier projection. This revised estimate reflects the company’s growing confidence in its business outlook, especially with the rising demand it is experiencing in data center markets. These investments are expected to be spread across multiple years, with the largest additions slated for the latter half of 2025 and into 2026.

Eaton’s (NYSE:ETN) outlook for growth is strong, with the company anticipating attractive growth across nearly all of its markets. Particularly, it expects double-digit growth in data centers, distributed IT, commercial aerospace, and electric vehicles. It also anticipates steady growth in the utility sector, while most other end markets are expected to see more modest growth. Overall, 2025 is expected to be another year of significant progress for the company, with more than 90% of its end markets projected to experience positive growth.

While we acknowledge the potential of Eaton Corporation plc (NYSE:ETN) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than ETN but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock.

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