Eaton (ETN): Will Its Electrical Backlog Translate Into Lasting Earnings Power?
Eaton Corporation plc (NYSE:ETN) is benefiting from the infrastructure needed to power data centers and modernize electricity networks. Second-quarter total electrical backlog increased 43% year over year, while companywide organic sales grew 14%. The investment question is whether factories can turn those orders into lasting profit without consuming too much capital. Eaton Corporation plc (NYSE:ETN) […]