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) pushed the Industrial Goods sector higher today making it today's featured industrial goods winner. The sector as a whole closed the day up 0.2%. By the end of trading, Eaton Corporation rose $0.68 (1.0%) to $68.30 on light volume. Throughout the day, 1,724,859 shares of Eaton Corporation exchanged hands as compared to its average daily volume of 3,047,700 shares. The stock ranged in a price between $67.83-$68.56 after having opened the day at $68.08 as compared to the previous trading day's close of $67.62. Other companies within the Industrial Goods sector that increased today were:
), up 13.6%,
), up 11.4%,
), up 8.4% and
), up 7.3%.
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Eaton Corporation plc operates as a diversified power management company worldwide. The company operates through Electrical Americas, Electrical Rest of World, Cooper, Hydraulics, Aerospace, Truck, and Automotive segments. Eaton Corporation has a market cap of $32.2 billion and is part of the electronics industry. Shares are up 24.8% year to date as of the close of trading on Monday. Currently there are 12 analysts that rate Eaton Corporation a buy, 1 analyst rates it a sell, and 5 rate it a hold.
TheStreet Ratings rates
. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, reasonable valuation levels, good cash flow from operations and increase in net income. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.
- You can view the full Eaton Corporation Ratings Report.
On the negative front,
), down 12.9%,
), down 12.4%,
), down 10.3% and
), down 6.1%.
- Use our industrial goods section to find sector-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the industrial goods sector could consider
) while those bearish on the industrial goods sector could consider
- Find other investment ideas from our top rated ETFs lists.