Wall Street praises Eaton's AI bona fides. But don't overlook our other data center play

Morning Meeting Recaps News

Wall Street praises Eaton's AI bona fides. But don't overlook our other data center play
Jim CramerInvestment StrategyMarkets
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The Investing Club holds its 'Morning Meeting' every weekday at 10:20 a.m. ET.

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a recap of Friday's key moments. U.S. stocks rose on Friday after an important economic measure for the Federal Reserve, the personal consumption expenditures price index , indicated that inflation eased in May. All three major stock indexes were up about 0.3%.

"Apple verified to me that there's been some enterprise use of the product," he said, citing Lowes's use of the Vision Pro for immersive kitchen design. " you will not see anything beyond that for now and certainly not with Nvidia," he said. Raymond James initiated coverage of Eaton with a buy-equivalent rating, arguing the electrical equipment suppliers' exposure to data centers and aerospace should support strong organic growth through 2025.

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