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Compiling comments that experts make about stocks while on public TV.

2017-05-19

Opinion for 3M Co. (MMM-N)

Signal Price Bias Subject Owned
DON'T BUY $195.800 BULLISH US EQUITIES Unknown

One of the highest quality companies globally and one of the largest traded industrials on the exchange. However, the market knows this. Trading at 20X earnings, and is not cheap from a valuation standpoint. Investors are paying up for that quality. Also, he doesn’t care for the industrial space in general, because investors were bidding up too much hope and hype on the Trump infrastructure spending plan.

John Petrides
Managing Dir. & Portfolio Manager, Point View Wealth Management

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