3M Company (MMM)
Is 3M Stock a Buy Now?
3M (MMM 3.06%) was once considered a stable blue chip stock, but major problems weighed down its shares in recent years. The diversified conglomerate struggled with sluggish sales in a chilly macro environment, safety-related recalls, and thousands of lawsuits related to its production and dumping of harmful chemicals.
3M Highlights Growth Targets & Capital Deployment Plan at Investor Day
MMM plans to achieve above-market organic sales growth and return at least $10 billion in cash to shareholders by 2027.
3M Rises 21.5% in Six Months: Should You Buy the Stock Now or Wait?
MMM is making strides in the transportation, roofing granules and electrical markets, which makes the stock worth a watch amid certain headwinds.
3M: More Upside Ahead - But Wait For A Moderate Retracement
MMM's reversal is already here, thanks to the SOLV divestiture bringing forth a more focused portfolio and healthier balance sheet. This is on top of the resolution of its legal headwinds, as management also pursues insurance recovery and $340M already completed. The management has driven new growth opportunities through its legacy businesses and new product launches as well, despite certain market softness.
Here's Why 3M Stock Soared in January (and Has Plenty of Upside Potential in 2025)
3M (MMM 0.51%) soared by an impressive 17.9% in January, according to data provided by S&P Global Market Intelligence. The move comes as the market continues to warm to CEO Bill Brown's plans to rejuvenate the company's long-term growth rate and improve its operational performance.
3M Stock: Buy, Sell, or Hold?
3M (MMM -1.42%) is off to a spectacular start to 2025, with its shares climbing 18% in January following its fourth-quarter earnings report that exceeded Wall Street estimates.
3M's Turnaround Is Off to a Good Start. Here's Why It's a Buy for 2025 and Beyond.
3M (MMM 1.40%) recently updated the market with its fourth-quarter earnings report, and management's comments essentially confirmed the bullish case for the stock. While its end markets remain mixed and its top-line growth rate muted, the company is progressing well in expanding margins and laying down the fundamentals for future growth.
3M Stock Could Extend Multi-Year Highs
3M Co (NYSE:MMM) stock is up 0.4% at $150.04 at last glance, brushing off the broad-market selloff and climbing back up toward its Jan. 22, three-year high of $152.07.
Why These 3 Stocks With High Call Option Volume Deserve Attention
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Tide Shifts for 3M: How to Profit from the Rally
3M NYSE: MMM faced many struggles but has overcome them and embarked on a new age of growth. Hurdles, including multiple legal issues, are in the rearview mirror, and the road ahead is clearer.
3M Is Structurally Shifting For Durable Growth
3M's focus on innovation and operational improvements under CEO Bill Brown may lead to significant top-line growth and margin expansion. Management is aiming to enhance supply chain efficiencies and increasing production launches while improving the firm's on-time, in-full deliveries. 3M has a substantial amount of inventory that may be worked down in the coming quarters, potentially acting as a tailwind for free cash flow generation in the coming years.
What's Next For 3M Stock?
3M (NYSE: MMM) recently reported its Q4'24 results, with revenues and earnings beating the street estimates. The company reported adjusted revenue of $5.81 billion and earnings of $1.68 on a per-share and adjusted basis, compared to the consensus estimates of $5.78 billion and $1.66, respectively.
