Michael Brisky

Will Eaton Continue Its Shopping Spree to Keep Up with Earnings?

Nice analysis of Eaton. Interest in the stock has seems to jump a bit due to the Berkshire disclosure. Good point about the fact that it may not even be Buffett buying. I saw an interview with him recently where they asked him about Berkshire selling stakes in BAC, HD, and LOW. He said anytime there are smaller stakes in stocks (which the Eaton stake is), it often isn't him. Quality appears to be there, but they have taken on some added debt, and the exposure to autos is a question mark as well. But, the stock is getting pretty cheap.