3M Company (MMM)
3M: Near-Term Growth Looks Limited, But A Fresh Start Is Welcome (Upgrade)
3M Company's second quarter results are expected to be lackluster compared to peers in the multi-industrial sector, with organic contraction of around 1% versus 2%-3% growth for the group. Auto electrification and electronics should be comparatively healthier businesses, but short-cycle manufacturing consumables could be weak; 2H '24 guidance will be important. 3M made a surprising move, naming Bill Brown as the new CEO; I like the prospects for meaningful transformation, but there's likely a lot of work ahead.
3M (MMM) Rises 13.4% in 3 Months: How Should You Play the Stock?
3M (MMM) is making strides in the diversified technology services market, which makes the stock worth a watch amid certain headwinds.
3M (MMM) Ascends While Market Falls: Some Facts to Note
The latest trading day saw 3M (MMM) settling at $104.64, representing a +1.29% change from its previous close.
These 2 Multi-Sector Conglomerates Stocks Could Beat Earnings: Why They Should Be on Your Radar
Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.
Blue-Chip Consumer Goods Sock Could See Tailwinds
After hitting a May 20, 52-week high, consumer goods stock 3M Co (NYSE:MMM) pulled back to its 20-day moving average and $100 century mark. Buying followed a bullish post-earnings reaction in early May, even as retail clients at major brokerages were net sellers during the month. Since then, MMM took out its 2020 low at $97 and later retested that level.
3M (MMM) Ascends While Market Falls: Some Facts to Note
In the most recent trading session, 3M (MMM) closed at $103.23, indicating a +1.53% shift from the previous trading day.
Here is What to Know Beyond Why 3M Company (MMM) is a Trending Stock
3M (MMM) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Is 3M the Best Value Stock for You?
A new CEO and an ongoing restructuring program should help the company improve its performance. Management has strengthened the company's balance sheet to give it more financial flexibility.
3M finance chief departs after new CEO arrives
3M Co (NYSE:MMM) chief financial officer Monish Patolawala has resigned, to pursue another opportunity, weeks after the company appointed a new CEO. Patolawala was announced today as joining Archer-Daniels-Midland, the food processor and grain trader.
3M's Financial Chief Is Resigning. The Stock Drops.
Chief Financial Officer Monish Patolawala is resigning at the end of July.
3M: A Dividend Cutter With A Strong Buy Rating
Investing in dividend growers historically outperforms the market, while cutters underperform. 3M Company shows promising signs of recovery and growth despite its recent dividend cut. Strategic moves like the Solventum spin-off position 3M for a strong comeback and potential substantial returns.
Why Investors Need to Take Advantage of These 2 Multi-Sector Conglomerates Stocks Now
Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.
