The Smartest Industrials Stock to Buy With $500 Right Now
Key PointsAI data centers are fueling demand for Eaton's electrical equipment.
Eaton (ETN) is the smartest industrials stock to buy with $500 right now, according to Motley Fool. The power equipment maker generated a record $8.5 billion in sales in Q2, a 21% year-over-year increase, with organic sales growing 14% and free cash flow jumping 22% to $874 million. Eaton's electrical equipment businesses are benefiting from surging demand for data centers, grid modernization, and power infrastructure, while customers are placing actual orders for the equipment needed to build and expand electrical infrastructure.
With shares closing at $381.98 on Oct. 20, a $500 investment is enough to purchase one share and still have money left over.
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