Zacks.com users have recently been watching Eaton (ETN) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Eaton Corporation, Zurn Elkay Water Solutions, AZZ and Powell Industries are part of the Zacks Industry Outlook article.
Business spending on equipment is rebounding, which is driving orders for durable goods. This is likely to benefit stocks like Applied Industrial Technologies, Inc. (AIT), Eaton Corporation plc (ETN), Lakeland Industries, Inc. (LAKE) and AZZ Inc. (AZZ).