Is Eaton Stock Amplifying A Risk You Already Own?

Eaton (ETN) makes the power equipment that goes inside data centers, among much else, and it has climbed 5.0% over the last five trading days while the S&P 500 slipped 0.2%. A run like that pulls money in. The question worth answering is not where the stock goes from here. It is what owning Eaton does to the rest of your money every time the market moves, and it moves further than the index in both directions.