Jim Cramer Discusses His Trading Strategy & Eaton (ETN)

We recently published 8 Stocks Jim Cramer Talked About. Eaton Corporation plc (NYSE:ETN) is one of the stocks Jim Cramer recently discussed.

Cramer discussed industrial and electrical equipment provider Eaton Corporation plc (NYSE:ETN) as part of his Morning Take. These remarks came a day after his morning appearance, where he had commented: “It’s a really well run company, go buy Eaton, a big charitable trust position, I feel great about it.” Here is what Cramer said about Eaton Corporation plc (NYSE:ETN):

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“[Morning Take] We have made a series of sales and we did not do that for say, Amazon. . . why do we make sales? Because we know that this company under the CEO is very inconsistent in the way it reports. And it makes it difficult. So what happens is, is that we had to sell because we didn’t want to get [inaudible] and feel there’s a second day, I’m telling you I’m back in here, buying the stock that we sold here. That’s portfolio management with a company that doesn’t know how to play the game.

“[After co-host pointed out that new buy will give more exposure with liquid cooling data center market expected to grow] This is like the third time in the row that this has happened. It does not dissuade us, it just makes us mindful when the stock gets hit, you want to have room to be able to buy some. And that’s exactly what we created, is that room, if it does go down more. . .remember he’s a new CEO, he’s not really wise to the ways of Wall Street yet. But I do point out that today also starts as an ugly day, and it’s probably not going to be as ugly, but if you don’t own Eaton and you [inaudible] that acquisition, you might want to buy a hundred shares.”

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Disclosure: None. This article is originally published at Insider Monkey.