In fact, 3M stock has run up to valuation levels which I don’t understand. Consequently, even though 3M is a winning company with big cash flows and a fat dividend, MMM stock looks due for weakness ahead. The current valuation is …
rather than simply examining how far they might continue to rise. So far, I have written about Caterpillar (CAT), Boeing (BA), Cummins (CMI), Deere (DE) and a stock that I recently sold myself after a 90% gain, BorgWarner (BWA). Now …
3M Company (NYSE:MMM) is trading with a trailing P/E of 27x, which is higher than the industry average of 11.9x. Although some investors may jump to the conclusion that you should avoid the stock or sell if you own it, …
In a January 2017 post I indicated I thought MMM was expensive. The price has just ratcheted up subsequent to that post. I am cautiously optimistic JP Morgan’s analyst’s call will be correct and the stock price will drop. In mid September …
Investors in 3M Company MMM need to pay close attention to the stock based on moves in the options market lately. That is because the Jan 19, 2018 $90 Put had some of the highest implied volatility of all equity options today. What is …
3M Company MMM, together with its subsidiaries, operates as a diversified technology firm with manufacturing operations across the world. The 3M brand is one of the most recognized and trusted names around the world. Household …