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3M is moving past its litigation woes under new leadership. A new CEO will need time to evaluate and plant the seeds for long-term growth.
Previously left-for-dead blue chip 3M is currently the Dow's best-performing stock on the year. If it weren't for 3M's dividend, long-term returns would be much more muted.
3M NYSE: MMM turned a corner this year, putting the bulk of its litigation risks behind it. While there are still headwinds and hurdles to cross, the path forward is clearer and is one investors will want to pursue.
ST. PAUL, Minn., Aug. 27, 2024 /PRNewswire/ -- 3M (NYSE: MMM) today announced the following investor event: Morgan Stanley 12th Annual Laguna Conference on Thursday, Sept.
Scotch Tape maker 3M Co MMM is on a roll.
3M's (MMM) strong prospects, driven by strength across its businesses and restructuring actions, make it an attractive pick for investors.
Shares of 3M have rallied since the release of its strong Q2 earnings report. The company is benefiting from solid demand in specialty industrial end markets.
Reducing inventory in relation to the cost of goods sold may sound like an accounting detail, but it's actually a way to propel the stock higher. The new CEO, William Brown, plans to restructure the company's operations fundamentally.
ST. PAUL, Minn. , Aug. 16, 2024 /PRNewswire/ -- The 3M Board of Directors (NYSE:MMM) today declared a dividend on the company's common stock of $0.70 per share for the third quarter of 2024.
Zacks.com users have recently been watching 3M (MMM) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.