Eaton Corp (ETN): Today's Featured Industrial Winner

Eaton (ETN) pushed the Industrial industry higher today making it today's featured industrial winner. The industry as a whole was unchanged today. By the end of trading, Eaton rose 65 cents (1.5%) to $45.30 on average volume. Throughout the day, 4.6 million shares of Eaton exchanged hands as compared to its average daily volume of 5.7 million shares. The stock ranged in a price between $44.19-$45.42 after having opened the day at $44.43 as compared to the previous trading day's close of $44.65. Other companies within the Industrial industry that increased today were: China Development Group Corporation (CTDC), up 19.1%, Presstek (PRST), up 15.4%, Cleantech Solutions International (CLNT), up 14.6%, and Tecumseh Products Company (TECUB), up 12.7%.

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Eaton Corporation operates as a diversified power management company worldwide. Eaton has a market cap of $14.96 billion and is part of the industrial goods sector. The company has a P/E ratio of 10.6, equal to the average industrial industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are up 2.6% year to date as of the close of trading on Tuesday. Currently there are 11 analysts that rate Eaton a buy, one analyst rates it a sell, and three rate it a hold.

TheStreet Ratings rates Eaton as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels, good cash flow from operations and notable return on equity. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

• You can view the full Eaton Ratings Report.

On the negative front, Magnetek (MAG), down 15.8%, Manitex International (MNTX), down 11.6%, IntriCon Corporation (IIN), down 9.3%, and Intellicheck Mobilisa (IDN), down 8.3%, were all laggards within the industrial industry with Parker Hannifin Corporation (PH) being today's industrial industry laggard.

• Use our industrial section to find industry-relevant news.
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For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the industrial industry could consider SPDR Dow Jones Industrial Average (DIA) while those bearish on the industrial industry could consider ProShares UltraShort Industrials (SIJ).

• Find other investment ideas from our top rated ETFs lists.

For more information on Eaton Corporation PLC click any of the following:

• Eaton Corporation PLC Stock Price

• Eaton Corporation PLC Analyst Ratings

• Eaton Corporation PLC Key Stats & Profile

• Eaton Corporation PLC Earnings

• Eaton Corporation PLC Ratio Comparison

• Eaton Corporation PLC Growth Rates

• Eaton Corporation PLC Balance Sheet

• Eaton Corporation PLC Cash Flow

• Eaton Corporation PLC Income Statement