3M Company (MMM) continues to gain traction with Earnings Optimism, despite a dividend cut. It is touted as one of the best Dow stocks to buy currently. Interests in 3M Company's shares have increased among major investing firms, resulting in boosted holdings. 3M's Q4 earnings and revenue surpassed estimates, reporting significant profit increase despite mixed revenue, contributing to its stock surge. Full-Year EPS witnessed a jump of 21%. The company anticipates improved profit growth, buoyed by cost-cutting efforts. Wall Street expert, Jim Cramer believes in 3M's potential to gain growth as a stock. The company's margin expansion initiatives are noteworthy. 3M continues to register steady earnings and set optimistic forecasts for 2025. Despite going ex-dividend, it stays relevant among investors. JPMorgan Chase & Co. and Wells Fargo have displayed strong bullish sentiments towards MMM. 3M Company's stake was also increased by Brighton Jones LLC. Moreover, there is significant institutional ownership of 66%. Nonetheless, 3M's comeback story hits a plateau at a stock price of $150.
3m Company MMM News Analytics from Thu, 18 Jul 2024 07:00:00 GMT to Sat, 25 Jan 2025 15:59:37 GMT -
Rating 7
- Innovation 3
- Information 8
- Rumor -3
