MMM-N
It’s down 20% from its highs, disappointing investors because of tepid growth and squeezed margins. International operations are significant for this company and the strengthening US dollar makes this less valuable. He would look for a different industrial that doesn’t face the same headwinds. When he sees margins being squeezed, he sees a red flag. Is it a management issue or a competitive issue? These tend to be long-legged issues and he prefers not to get involved with companies that have them.
It’s down 20% from its highs, disappointing investors because of tepid growth and squeezed margins. International operations are significant for this company and the strengthening US dollar makes this less valuable. He would look for a different industrial that doesn’t face the same headwinds. When he sees margins being squeezed, he sees a red flag. Is it a management issue or a competitive issue? These tend to be long-legged issues and he prefers not to get involved with companies that have them.
3M is very exposed internationally. Sell it. Trade tensions will make investors doubtful. Their chart has suffered. Sellers are selling more urgently than the buyers.
3M is very exposed internationally. Sell it. Trade tensions will make investors doubtful. Their chart has suffered. Sellers are selling more urgently than the buyers.
It's a quality business that he really likes. Don't buy today. Buy a half position at a lower price than today, and if it falls further, buy a second and final position. Trades at 19x forward earnings so it's a ittle pricier than the overal market. It should hold current levels, though pay attention if it breaks $200. If you buy some shares today and go away for 10 years, you'll make money.
It's a quality business that he really likes. Don't buy today. Buy a half position at a lower price than today, and if it falls further, buy a second and final position. Trades at 19x forward earnings so it's a ittle pricier than the overal market. It should hold current levels, though pay attention if it breaks $200. If you buy some shares today and go away for 10 years, you'll make money.
Ranking : 3 out of 5
Bullish - Buy Signals / Votes : 1
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 7
Total Signals / Votes : 8
3M Co. is a American stock, trading under the symbol MMM-N on the New York Stock Exchange (MMM). It is usually referred to as NYSE:MMM or MMM-N
In the last year, 8 stock analysts published opinions about MMM-N. 1 analyst recommended to BUY the stock. 7 analysts recommended to SELL the stock. The latest stock analyst recommendation is DON'T BUY. Read the latest stock experts' ratings for 3M Co..
3M Co. was recommended as a Top Pick by Ross Healy on 2020-04-23. Read the latest stock experts ratings for 3M Co..
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
8 stock analysts on Stockchase covered 3M Co. In the last year. It is a trending stock that is worth watching.
On 2020-07-08, 3M Co. (MMM-N) stock closed at a price of $154.58.
