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General Electric Company (NYSE:GE), Eaton Corporation (NYSE:ETN) - Gordon Haskett's John Inch On Why General Electric Is 'Very Overvalued'


That would be
Eaton Corp PLC (NYSE: ETN), the Gorden Haskett analyst said.
The company has a 30% market share and is the largest low-voltage electrical equipment supplier in Canada and the United States, he said.
Watch Benzinga s full interview with John Inch in the clip below.
Eaton gets the double benefit of its favorable positioning based on its electrical businesses, and as an Irish company, it will not have to pay higher corporate taxes the way that everyone else will have to, Inch said. 
GE, ETN Price Action: Eaton shares were down 1.58% at $139.06 at last check Tuesday. General Electric shares were down 0.7% at $13.50.  ....

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Target's comparable sales jump 17.2% in the holiday season.


Store pick-up services helped target sell 150 million items.
Target Corp says sales in January have shown resilience so far.
Target Corp (NYSE: TGT) said on Wednesday that its comparable sales jumped 17.2% in the holiday season. The company attributed the increase to digital sales that it said posted an over 100% growth on the back of higher demand for electronics, home goods, and beauty products.
Target closed the regular session a little under 1% down on Wednesday. Including the price action, shares of the company are now exchanging hands at £144.36 per share versus a low of £66.75 per share in March 2020 when the COVID-19 crisis restricted people to their homes. The price action has been favourable for value investors in the past nine months. ....

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