Chart of the Day: Eaton Corporation

Schaeffer's Investment Research
  NOV 28, 2012 4:00 PM

Eaton Corp. is up nearly 250% since the 2009 bottom.

 


Today’s chart is of Eaton Corporation (NYSE:ETN), which operates as a diversified power management company worldwide. The company provides electrical components and systems for power quality, distribution, and control; hydraulics components, systems, and services for industrial and mobile equipment; aerospace fuel, hydraulics, and pneumatic systems for commercial and military use; and truck and automotive drivetrain and powertrain systems for performance, fuel economy, and safety.


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Strategy:  Long Trade (Longer-Term)

What I Am Looking At:
This article by Tony Venosa, CMT was originally published on Schaeffer's Investment Research.

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