Eaton Corporation plc (NYSE:ETN) was among the stocks on Jim Cramer’s radar on Mad Money as he discussed the upcoming earnings. Cramer highlighted the stock’s “big run,” as he remarked:
Tuesday’s jammed. We’ve got the dilemma of the data centers identified by Eaton, which provides electric hookups and air conditioners to keep things cool. We own it for the Charitable Trust. It’s had a big run. The ones that have had big runs, they tend to sell off. I gotta be careful.
Image by Sergei Tokmakov Terms.Law from Pixabay
Eaton Corporation plc (NYSE:ETN) is a power management company that provides electrical, aerospace, and vehicle components. The company’s products include power distribution equipment, circuit protection devices, and specialized systems for aircraft refueling, engine valves, and electronic controls. A caller asked about the stock during the March 12 episode, and Cramer replied:
Well, you know, it’s funny if it were, you know, this is a silly asterisk if it were not for the war, but I think because of the war, it’s going to make everyone feel a little bit dicier about owning stocks. So you have people selling it. But I do think the answer is yes, I do want to own Eaton.
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