Jim Cramer Shed Light on These 14 Stocks

2. Eaton Corporation plc (NYSE:ETN)

Number of Hedge Fund Holders: 85

Eaton Corporation plc (NYSE:ETN) is one of the stocks that Jim Cramer shed light on. Coming to the company, Cramer commented:

“We saw Eaton and Parker-Hannifin. If you’re from the Midwest, these are destination places… but those are a function of strong data center orders that came from lead contractors ABB and Legrand, two European construction companies that just reported that are huge builders of these warehouses full of servers. There’s no doubt that the data center buildout is the single biggest construction boom, perhaps since World War II. You can see it if you look at Oracle every day, by the way. I like the buildout. There are many many orders coming to them. I keep telling you these stocks are good… Eaton jumped more than $17 or nearly 5% as investing club holders know. That Eaton move turned my earnings season around because it’s a core position in my Charitable Trust.”

Eaton (NYSE:ETN) is a power management company that provides a broad range of electrical, aerospace, and vehicle components and systems, including power distribution products, hydraulic equipment, aircraft systems, and vehicle drivetrain and power technologies. Carillon Tower Advisers stated the following regarding Eaton Corporation plc (NYSE:ETN) in its Q1 2025 investor letter:

“Pressure on Eaton Corporation plc (NYSE:ETN) shares stemmed from concerns about the possibility that reduced capital spending in the data center market could affect the entire AI supply chain. As a critical supplier of power connection products, the company’s multi-year growth prospects are affected by overall data center capital spending trends that continue to be favorable.”