Eaton Corporation Plc's (ETN) popularity among investors is noteworthy, despite a 6.05% drop in stock price on Apr 10. Amidst a falling stock trend in 2025, ETN was Philippe Laffont's top ten stock pick and was urged by Jim Cramer for immediate purchase. The corporation was anticipated bullish growth amidst AI-driven data center demand and was labelled as the top non-tech and foreign dividend stock for long-term investments by certain analysts. However, a 16% share drop sparked by DeepSeek AI's concerns over data center and chip demands posed a challenge. Amidst the US-China AI war, ETN emerged as a leading AI stock. Despite underperforming compared to competitors, strong financials guide the corporation's market influence. Analysts suggested that ETN's intrinsic value positioned it as a profitable large cap and industrial machinery stock to invest in. However, DeepSeek's negative outlook sparked insider stock sales amounting to US$34m. The corporation still reported record Q4 2024 earnings coupled with strong orders and backlog growth. The stock, despite being pricey, presented a trading opportunity as suggested by Jim Cramer. Furthermore, the corporation reportedly achieved record earnings amidst challenges in Q3 2024.
