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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. 

(VERY) - PreMarket Prep Stock Of The Day: Vericity

Share: Benzinga s PreMarket Prep airs every morning from 8-9 a.m. ET. During that fast-paced, highly informative hour, traders and investors tune in to get the major news of the day, the catalysts behind those moves and the corresponding price action for the upcoming session. On any given day, the show will cover at least 20 stocks determined by co-hosts Joel Elconin and Dennis Dick along with producer Spencer Israel. Besides being in the greatest bull market of all time, there are other reasons to avoid shorting stocks in today s environment. One of those reasons is that a low-volume, low-float issue that does not necessarily have huge short interest issue can explode to the upside even without a catalyst.

Rainmaker Mng (RMG) - PreMarket Prep Stock Of The Day: Romeo Power

Benzinga s PreMarket Prep airs every morning from 8-9 a.m. ET. During that fast-paced, highly informative hour, traders and investors tune in to get the major news of the day, the catalysts behind those moves and the corresponding price action for the upcoming session. On any given day, the show will cover at least 20 stocks determined by co-hosts Joel Elconin and Dennis Dick along with producer Spencer Israel. Once a former SPAC becomes a real company it can go almost anywhere. One that has been volatile over the last two sessions is Romeo Power Inc. (NYSE:RMO). The Company: Romeo Power is an energy technology company focused on designing and manufacturing lithium-ion battery modules and packs for commercial electric vehicles. Through its energy-dense battery modules and packs, Romeo Power enables large-scale sustainable transportation by delivering safer, longer-lasting batteries with longer range and shorter charge times.

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