Eaton Corporation plc (NYSE:ETN) is not on our list of 31 Most Popular Stocks Among Hedge Funds. As per our database, 85 hedge fund portfolios held Eaton Corporation plc (NYSE:ETN) at the end of the first quarter which was 63 in the previous quarter. Eaton Corporation plc (NYSE:ETN) recorded Q1 sales of $5.9 billion, an increase of 8% in total and organically. While we acknowledge the potential of Eaton Corporation plc (NYSE:ETN) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.