jetcityimage Investment Thesis The 3M Company (NYSE:MMM) has had a rough last couple of years that have been stained by legal battles that have resulted in large legal settlements such as a $6 billion lawsuit related to the sale of defective earplugs and a $10.3 billion lawsuit related to damage caused to U.S. drinking water…
josefkubes The last time I have covered 3M Company (NYSE:MMM) was back in November 2023, recommending investors to initiate long position in this global industrial conglomerate as the company was trading at a very cheap valuation and at the beginning of its long-awaited turnaround. Since that time the stock has delivered a total return on…
jetcityimage The stock market doesn’t work the way it used to, and 3M Company (NYSE:MMM) is my latest evidence. It is also why, as the title of this article states, I firmly believe that rating a stock buy, sell or hold, while helpful in some ways, is easily misinterpreted. Back when I was an investment…
jetcityimage Beleaguered industrial giant 3M (NYSE:MMM) may just be turning the corner after an extremely rough 2023. The company was hammered with lawsuits of unprecedented size from so-called “forever chemicals“, agreeing to pay up to $12.5 billion in damages. As if that weren’t enough, 3M is also on the hook for about $6 billion for…
iantfoto 3M Company (NYSE:MMM) has performed according to my expectations since my previous update (Hold/Market Perform rating) in early October. I updated 3M investors that the MMM is in a long-term downtrend. As a result, it could turn out to be a value trap if buying sentiments don’t suggest a robust bottom, underpinning the market’s…
jetcityimage Macro and micro factors have been at play, driving some sharp outperformance and severe underperformance among the diversified Industrials sector of the S&P 500. One of the poorest stocks in that slice of the SPX is 3M Company (NYSE:MMM). The firm continues to face uncertainty with investigations and lawsuits, casting a significant shadow, critics…
Spondylolithesis/iStock Unreleased via Getty Images You know, I was scared of COVID-19. Before all the vaccines came out, the idea of getting COVID-19 and suffering a life-threatening complication was terrifying. I spent a long time researching and searching the internet, countless hours looking for a suitable mask. Well, I finally found it: a 3M (NYSE:MMM)…
Lorado/E+ via Getty Images 3M Company (NYSE:NYSE:MMM) is one of the largest manufacturing companies in the world, headquartered in St. Paul. The company operates through four business segments: Transportation and Electronics, Consumer, Security and Industrial, and Health Care. Author’s elaboration, based on quarterly securities reports 3M is known worldwide for its extensive portfolio of innovative…
burakpekakcan/E+ via Getty Images Introduction It’s time to talk about the 3M Company (NYSE:MMM), the second-biggest disappointment from Minnesota after the 0-3 Vikings. Excluding dividends, 3M shares are trading more than 60% below their all-time high. They are down 22% year-to-date and less than 1% above their 52-week lows. Data by YCharts In other words,…
josefkubes Article Thesis 3M Company (NYSE:MMM) is a battleground stock that has, once again, fallen considerably in the recent past. With a high yield and a low valuation, it is time to take another look at this stock and its prospects. 3M Company: Still A Battleground Stock 3M Company had been a reliable dividend payer…
lucadp I love pointing out Buffett-like “fat pitch” opportunities. Wait for a fat pitch and then swing for the fences.” – Warren Buffett. A “fat pitch” is a rare opportunity when the investing stars align. Remember Buffett’s famous “Be fearful when others are greedy and greedy when others are fearful”? This is the kind of…
jetcityimage 3M Company’s (NYSE:MMM) stock has been under pressure for quite a while as can be seen in the stock’s price, which is down: 52% in the last 5 years 30% in the last year 20% YTD 9% in the last 6 months 3M Chart (Seekingalpha.com) A vast majority of this pressure is attributed to…