Top 10 AI News and Ratings You Probably Missed

2. Eaton Corporation plc (NYSE:ETN)

Number of Hedge Fund Holders: 90

Eaton Corporation plc (NYSE:ETN) is a global power management company offering electrical, aerospace, vehicle, and eMobility solutions.

On January 29, TipRanks reported that Andrew Obin from Bank of America Securities reaffirmed a Buy rating on Eaton (NYSE:ETN) with a price target of $410. While fourth-quarter earnings expectations are modest, Eaton’s cautious guidance could create opportunities for positive revisions throughout the year. The transition to new CEO Paulo Ruiz is expected to support strategic adjustments and potential stock gains.

Additionally, Eaton’s connection to rising AI investment trends suggests strong growth potential, especially in the electrical sector. Despite recent stock fluctuations linked to DeepSeek-related news, Eaton’s solid order growth outlook reinforces its favorable position among industry peers.