3M Co.

MMM-N

NYSE:MMM

152.85
1.40 (0.92%)
The 3M Company, formerly known as the Minnesota Mining and Manufacturing Company, is an American multinational conglomerate corporation operating in the fields of industry, worker safety, health care, and consumer goods.
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Analysis and Opinions about MMM-N

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
April 23, 2020
The shares broke down below some strong support and then bounced off one of his break points. It has only bounced back to its fair market value. The problem is that the fair market value and the earnings have been slipping for two years. It is not a COVID-19 issue. He does not think there is much in it for you.
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3M Co. (MMM-N)
April 23, 2020
The shares broke down below some strong support and then bounced off one of his break points. It has only bounced back to its fair market value. The problem is that the fair market value and the earnings have been slipping for two years. It is not a COVID-19 issue. He does not think there is much in it for you.
BUY
BUY
April 20, 2020
You need more cash than debt for the dividend to be safe, in general. If you can get it for 3 to 5 years, you are holding a national champion. If you are fixed on just near term income, then perhaps it is not for you.
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3M Co. (MMM-N)
April 20, 2020
You need more cash than debt for the dividend to be safe, in general. If you can get it for 3 to 5 years, you are holding a national champion. If you are fixed on just near term income, then perhaps it is not for you.
WAIT
WAIT
March 12, 2020
Multi-dimensional company. Had a nice multiple and consistent earnings. In last little while, it's become more cyclical. Missed numbers, which is a makeup of their products. Earnings quality has fallen. Don't own it until you see more stability in company direction. You can own it cheaper. Decent yield of 3.6%.
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3M Co. (MMM-N)
March 12, 2020
Multi-dimensional company. Had a nice multiple and consistent earnings. In last little while, it's become more cyclical. Missed numbers, which is a makeup of their products. Earnings quality has fallen. Don't own it until you see more stability in company direction. You can own it cheaper. Decent yield of 3.6%.
DON'T BUY
DON'T BUY
February 25, 2020
It's an underperforming industrial stock that has stumbled in recent years. The nail in the coffin for him is that a carcinogenic chemical in many of its products is leading to lawsuits which he fears will accelerate.
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3M Co. (MMM-N)
February 25, 2020
It's an underperforming industrial stock that has stumbled in recent years. The nail in the coffin for him is that a carcinogenic chemical in many of its products is leading to lawsuits which he fears will accelerate.
DON'T BUY
DON'T BUY
January 28, 2020
It's had a rough 18 months, but remains a quality company. Activists may be trying to break up this company. It's not his favourite stock. Earnings came out today and they announced re-structuring charges, and they are in the middle of litigation about a chemical leaching into water. Pass. If you already own it, you probably have a big capital gain, or you can switch to Honeywell.
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3M Co. (MMM-N)
January 28, 2020
It's had a rough 18 months, but remains a quality company. Activists may be trying to break up this company. It's not his favourite stock. Earnings came out today and they announced re-structuring charges, and they are in the middle of litigation about a chemical leaching into water. Pass. If you already own it, you probably have a big capital gain, or you can switch to Honeywell.
DON'T BUY
DON'T BUY
November 27, 2019
He's looked at it over the years. It's a great industrial. What worries him is they're at great litigation risk because of PFAS, in products like Scotchguard. Avoid it.
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3M Co. (MMM-N)
November 27, 2019
He's looked at it over the years. It's a great industrial. What worries him is they're at great litigation risk because of PFAS, in products like Scotchguard. Avoid it.
WATCH
WATCH
November 22, 2019
The whole industrial space has struggled due to the slow-down. It’s missed its quarterly numbers a couple times in a row. Investors are a little upset with it, though it is a well diversified manufacturing company. He’s looked into it but hasn’t purchased it yet. It’s not a bad bet if you think there won’t be a recession.
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3M Co. (MMM-N)
November 22, 2019
The whole industrial space has struggled due to the slow-down. It’s missed its quarterly numbers a couple times in a row. Investors are a little upset with it, though it is a well diversified manufacturing company. He’s looked into it but hasn’t purchased it yet. It’s not a bad bet if you think there won’t be a recession.
DON'T BUY
DON'T BUY
October 24, 2019
Tough earnings report this morning underscores moderating global growth. Dividend solid, but share price weak. Technical signs not great. Underperforming the broader S&P. Organic growth slowing. Biggest risk is litigation. Yield is 3.6%.
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3M Co. (MMM-N)
October 24, 2019
Tough earnings report this morning underscores moderating global growth. Dividend solid, but share price weak. Technical signs not great. Underperforming the broader S&P. Organic growth slowing. Biggest risk is litigation. Yield is 3.6%.
COMMENT
COMMENT
October 4, 2019
CCL vs 3M MMM-N has a lot of pollution liability and is facing large lawsuits for ground water polluting. CCL.B-T is a disciplined acquirer, making labels and packaging. He thinks CCL.B-T maybe oversold and would come back. He would favour it over MMM-N.
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3M Co. (MMM-N)
October 4, 2019
CCL vs 3M MMM-N has a lot of pollution liability and is facing large lawsuits for ground water polluting. CCL.B-T is a disciplined acquirer, making labels and packaging. He thinks CCL.B-T maybe oversold and would come back. He would favour it over MMM-N.
DON'T BUY
DON'T BUY
October 2, 2019
He is not holding this one. A good company, but not a great one. It was a beneficiary when GE was doing poorly and more recently to Boeing's issues. All are big in the industrial space and big traders swing among them at various times. They have a lot of exposure to the Japanese Yen, which has been unhelpful to them.
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3M Co. (MMM-N)
October 2, 2019
He is not holding this one. A good company, but not a great one. It was a beneficiary when GE was doing poorly and more recently to Boeing's issues. All are big in the industrial space and big traders swing among them at various times. They have a lot of exposure to the Japanese Yen, which has been unhelpful to them.
DON'T BUY
DON'T BUY
August 7, 2019
He would stay away. They have had earnings misses and negative revisions. Not a good risk, especially this late in the cycle.
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3M Co. (MMM-N)
August 7, 2019
He would stay away. They have had earnings misses and negative revisions. Not a good risk, especially this late in the cycle.
DON'T BUY
DON'T BUY
December 11, 2018
A diversified industrial company across consumer, industrials and materials, but they have weak topline growth. About 18 months ago, they bought back stock, but added debt, when interest rates were low. Not her first choice in this space. Others have better top- and bottom-line growth.
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3M Co. (MMM-N)
December 11, 2018
A diversified industrial company across consumer, industrials and materials, but they have weak topline growth. About 18 months ago, they bought back stock, but added debt, when interest rates were low. Not her first choice in this space. Others have better top- and bottom-line growth.
DON'T BUY
DON'T BUY
August 21, 2018

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.

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3M Co. (MMM-N)
August 21, 2018

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.

SELL
SELL
June 5, 2018

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.

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3M Co. (MMM-N)
June 5, 2018

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.

COMMENT
COMMENT
May 28, 2018

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.

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3M Co. (MMM-N)
May 28, 2018

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.

BUY
BUY
February 1, 2018

Massive industrial company. Very interesting. What is great about it is that has been very consistent through the years. Like J&J has different line of businesses. Doesn’t have the cyclicality that you have in other industrial companies.

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3M Co. (MMM-N)
February 1, 2018

Massive industrial company. Very interesting. What is great about it is that has been very consistent through the years. Like J&J has different line of businesses. Doesn’t have the cyclicality that you have in other industrial companies.

HOLD
HOLD
December 12, 2017

This has done very well in the last 3 months. Just put out some guidance for next year, which was better than expected. A very high quality diversified industrial company in the US, and is quite global with about 60% of revenues from outside North America. Valuation is relatively expensive, trading above its historical metrics in terms of the PE ratio, so she wouldn't be chasing it.

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3M Co. (MMM-N)
December 12, 2017

This has done very well in the last 3 months. Just put out some guidance for next year, which was better than expected. A very high quality diversified industrial company in the US, and is quite global with about 60% of revenues from outside North America. Valuation is relatively expensive, trading above its historical metrics in terms of the PE ratio, so she wouldn't be chasing it.

HOLD
HOLD
October 24, 2017

This really hit it out of the park with their earnings today. It’s up over 7%. A good, high quality company to have in a portfolio. Great balance sheet.

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3M Co. (MMM-N)
October 24, 2017

This really hit it out of the park with their earnings today. It’s up over 7%. A good, high quality company to have in a portfolio. Great balance sheet.

COMMENT
COMMENT
September 29, 2017

He is very much in favour of industrial stocks. Higher highs and higher lows. It has support at its 50-day moving average. Feb 11 to July 5 is the optimal time to be buying this. We are outside of that time frame, but between the end of August through to the end of the year, this tends to move higher. Technically, it broke out above short-term resistance at about $210, and he has seen retracement. If it can hold that as a level of support, it is expected to go higher.

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3M Co. (MMM-N)
September 29, 2017

He is very much in favour of industrial stocks. Higher highs and higher lows. It has support at its 50-day moving average. Feb 11 to July 5 is the optimal time to be buying this. We are outside of that time frame, but between the end of August through to the end of the year, this tends to move higher. Technically, it broke out above short-term resistance at about $210, and he has seen retracement. If it can hold that as a level of support, it is expected to go higher.

HOLD
HOLD
September 27, 2017

A fantastic, huge multinational industrial. Operates in a number of specialty industrial areas, as well as some consumer products. A classic, long term growth company, but given the run, you have to be really careful. Wait for some sort of correction.

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3M Co. (MMM-N)
September 27, 2017

A fantastic, huge multinational industrial. Operates in a number of specialty industrial areas, as well as some consumer products. A classic, long term growth company, but given the run, you have to be really careful. Wait for some sort of correction.

BUY
BUY
September 18, 2017

The chart indicates it is close to breaking through to new high ground. They’ve been paying a dividend for over the past 60 years. If looking for a steady, dividend paying stock, it is a very well diversified company and this would be a good buy. Dividend yield of 2.2%.

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3M Co. (MMM-N)
September 18, 2017

The chart indicates it is close to breaking through to new high ground. They’ve been paying a dividend for over the past 60 years. If looking for a steady, dividend paying stock, it is a very well diversified company and this would be a good buy. Dividend yield of 2.2%.

DON'T BUY
DON'T BUY
May 19, 2017

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.

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3M Co. (MMM-N)
May 19, 2017

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.

HOLD
HOLD
May 16, 2017

A very well-managed, diversified, industrial company based out of the US. It is very global. The global economy is starting to improve.

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3M Co. (MMM-N)
May 16, 2017

A very well-managed, diversified, industrial company based out of the US. It is very global. The global economy is starting to improve.

BUY
BUY
September 2, 2016

(Market Call Minute.) Good solid price momentum. Very stable stock. High ROE’s.

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3M Co. (MMM-N)
September 2, 2016

(Market Call Minute.) Good solid price momentum. Very stable stock. High ROE’s.

COMMENT
COMMENT
August 25, 2016

(Market Call Minute.) A decent holding for a long-term portfolio. They have just been under a lot of price competition and margins have saturated a little bit, because of a lot of FX exposure.

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3M Co. (MMM-N)
August 25, 2016

(Market Call Minute.) A decent holding for a long-term portfolio. They have just been under a lot of price competition and margins have saturated a little bit, because of a lot of FX exposure.

HOLD
HOLD
July 25, 2016

(Market Call Minute) A GDP type of story in the US.

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3M Co. (MMM-N)
July 25, 2016

(Market Call Minute) A GDP type of story in the US.

HOLD
HOLD
March 29, 2016

He sees stable dividend growth. This is a very consensus favourite name. However, it tends to be an early cycle favourite. Tends to do very well in the short cycle type of products that give a fair boost to revenues. They have guided to very moderate revenue growth going forward. He would be cautious on this.

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3M Co. (MMM-N)
March 29, 2016

He sees stable dividend growth. This is a very consensus favourite name. However, it tends to be an early cycle favourite. Tends to do very well in the short cycle type of products that give a fair boost to revenues. They have guided to very moderate revenue growth going forward. He would be cautious on this.

SELL
SELL
February 8, 2016

XLI-N is the entire industrial space in the US including MMM-N if you want to keep it in US$. If you look at oil prices over the next few years then the CAD$ won’t go above .80 or .90, but you have to weigh this against the return of the stock. ZWA-T is hedged and has the same exposure.

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3M Co. (MMM-N)
February 8, 2016

XLI-N is the entire industrial space in the US including MMM-N if you want to keep it in US$. If you look at oil prices over the next few years then the CAD$ won’t go above .80 or .90, but you have to weigh this against the return of the stock. ZWA-T is hedged and has the same exposure.

BUY
BUY
October 1, 2015

They have been able to execute in all their business lines very well. It has a good strong growth profile. They are strong all over the globe. If you buy it at these levels you will do very well.

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3M Co. (MMM-N)
October 1, 2015

They have been able to execute in all their business lines very well. It has a good strong growth profile. They are strong all over the globe. If you buy it at these levels you will do very well.

COMMENT
COMMENT
August 21, 2015

The company is a very broad based, very globally exposed industrial company. They are facing some very serious effects headwinds. He likes the company. He likes the management. .He doesn't feel that they are doing a bad job, but it is a tough place to be.

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3M Co. (MMM-N)
August 21, 2015

The company is a very broad based, very globally exposed industrial company. They are facing some very serious effects headwinds. He likes the company. He likes the management. .He doesn't feel that they are doing a bad job, but it is a tough place to be.

Showing 1 to 30 of 151 entries

3M Co.(MMM-N) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 7

Total Signals / Votes : 8

Stockchase rating for 3M Co. is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

3M Co.(MMM-N) Frequently Asked Questions

What is 3M Co. stock symbol?

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

Is 3M Co. a buy or a sell?

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..

Is 3M Co. a good investment or a top pick?

3M Co. was recommended as a Top Pick by Ross Healy on 2020-04-23. Read the latest stock experts ratings for 3M Co..

Why is 3M Co. stock dropping?

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.

Is 3M Co. worth watching?

8 stock analysts on Stockchase covered 3M Co. In the last year. It is a trending stock that is worth watching.

What is 3M Co. stock price?

On 2020-07-10, 3M Co. (MMM-N) stock closed at a price of $152.85.