3M Company (MMM) has garnered significant attention in the
investment world, especially reputed as an
industrial dividend stock. Many
financial firms like Wayfinding Financial LLC, Mystic Asset Management Inc., and Vinva Investment Management Ltd have either reduced or increased their stakes in the company. TV personality and former hedge fund manager,
Jim Cramer optimistically claims that the 'Old 3M' is back, exemplifying renewed faith in its turnaround potential.
Trading performances have varied, with fluctuations landing the stock higher and lower in different scenarios. Despite a decline of 1% and 1.4%, the stock saw an increase of 1.6% and 0.7%. This indicates the volatility of 3M's performance in the stock market and the closely-watched nature of its activities. The corporate attempts to
ignite investor confidence, exemplified by the announcement of a
$10 billion shareholder return plan and
financial guidance for 2025.
Despite several analysts suggesting it's time to sell and take profits, others forecast a bright future for the company, buttressing its latest
leadership changes, margin expansion, and successful
sale of $1.1 billion in notes.
3m Company MMM News Analytics from Tue, 10 Sep 2024 07:00:00 GMT to Sat, 22 Mar 2025 18:01:31 GMT -
Rating 0
- Innovation 3
- Information 8
- Rumor -2
