Top 12 Stocks to Buy According to Bourgeon Capital

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7. Eaton Corporation plc (NYSE:ETN)

Number of Hedge Fund Holders as of Q4: 88

Bourgeon Capital’s Equity Stake: $14.57 Million 

Eaton Corporation plc (NYSE:ETN) is a global power management company that provides innovative electrical, aerospace, hydraulic, and vehicle solutions to address complex energy challenges. For over a century, the company has focused on enhancing safety, efficiency, and sustainability across industries. Its technologies support essential infrastructure, including hospitals, data centers, factories, transportation, and electrical grids. By developing reliable and energy-efficient solutions, the company helps businesses operate more sustainably while improving everyday life.

Headquartered in Beachwood, Ohio, the company operates in over 175 countries with a workforce exceeding 92,000 employees. Eaton Corporation plc (NYSE:ETN) offers a diverse portfolio of products and services that enhance the efficient management of electrical, hydraulic, and mechanical power. Since its founding in 1911 as the Torbensen Gear and Axle Company, the company has undergone significant transformations, including mergers and acquisitions, to become a leader in power management. Today, it continues to drive innovation, sustainability, and efficiency in the industries it serves.

Bourgeon Capital owned 43,909 shares of the company as of Q4 2024, with a total value of $14.57 million, making it the stock with the 7th largest stake in Zaro’s highly diversified portfolio.

Ave Maria World Equity Fund stated the following regarding Eaton Corporation plc (NYSE:ETN)  in its first quarter 2024 investor letter:

“Eaton Corporation plc (NYSE:ETN) is an intelligent power management company. The company is a long-term beneficiary in the trend towards electrification, energy transition and digitalization. Eaton is also benefiting from unprecedented global stimuli such as the Inflation Reduction Act, Infrastructure Investment and Jobs Act, the Chips and Science Act and the EU recovery plan known as the NextGenerationEU.”

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