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3M Company (MMM)

NYSE - NYSE Delayed price. Currency in USD
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172.59+2.33 (+1.37%)
At close: 04:02PM EST
173.40 +0.81 (+0.47%)
After hours: 07:51PM EST
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  • N
    NaviRules
    Never Fight the fed....
    They are now draining liquidity out of the market...
  • M
    Mark
    Mmm is selling more ppe more masks. This is a great but here. Nice dividend too
  • G
    GFA
    175 is the line in the sand for 3M shares. If it breaks below that, then watch out below 🙃🔻
  • j
    john
    Great Reuters piece this morning on how GE move to split up could embolden other companies' Boards including 3M to do the same.

    An interesting quote from the Reuters article: "The simple reality is that companies are permissioned to conglomerate so long as they promise to de-conglomerate as soon as the prior strategy stops working," Scott Davis, an analyst at Melius Research said.

    3M's terrible performance over the last 5 years proves their strategy is not working.

    The 3M board declined to comment on the article, but HAS to be considering this.
  • I
    INSANELY OVERVALUED US Market
    $^FTSE conversation
    DESPITE Major financial Failures from the US Companies (Apple, Amazon, Intel, Honeywell, IBM, Snap Scam), the US Government continues to PUMP the US Stock Prices Artificially.
    NASDAQ Composite Ponzi Scheme was 4800 in 2016 with much better fundamentals and better economy.
    How that Fraudulent NASDAQ Composite index got PUMPED from 4800 to 15000 in no time, Despite Collapsing Economy, Tanking Corporate Revenues, Record high corporate Loss, Record Number of Bankruptcies, Astronomical Record High Debt levels, increasing international competition for each $1 revenue, Skyrocketing Inflation, Spreading Pandemic, Political Polarization, Limited Real Resources and most importantly Insane Overvaluation in the US Stock Market?!!!
    Dow Jones Industrial Average (^DJI) was 17,000 in 2016, with better economic fundamentals and higher corporate earnings. However, thanks to the Collapsing Economy, Coronavirus Pandemic, Tanking Corporate revenues and earnings, Skyrocketing unemployment, Trade Wars, Record INFLATION levels, and Heavy Stock Dilutions, Dow Jones Industrial Average (^DJI) PONZI SCHEME has almost Doubled!
    S&P 500 (^GSPC) was at 1600.00 with better fundamentals and higher corporate earnings in 2016. Now it is sitting at ABSURD 4300.00 with TERRIBLE Fundamentals, Collapsing Economy, HEAVIER Corporate and National Debt and way lower corporate revenues and earnings!
    The World Economy is Collapsing, people are starving, but the US Government is too busy in printing money and PUMPING the Stock prices Artificially to make insiders trillionaire without working!
    ENJOY ABSURD COMPANY VALUATIONS, While the Economy is COLLAPSING and Corporate Revenues are TANKING!
    Enjoy Free Capital Gains in the US Stock Market while the Corporate Revenues are tanking and the Economy is Collapsing! US Stock Market is a “GET QUICK RICH” Scheme!
    The World Countries are refusing to accept the US Dollar as international reserve currency due to the HEAVY Dollar PRINTING!
    US Stocks are INSANELY OVERVALUED and OVERBOUGHT! US Stock Market is a MEGA PYRAMID SCHEME right now!!!

    $AMD $NVDA $AMZN $AAPL $SQ $SHOP $SNAP $TWLO $CRM $ROKU $ADBE $DB $BAC $JPM $MS $GS $TWTR $TSLA $IBM $INTC $MSFT $GOOG $LMT $BA $TXN $NXPI $LRCX $NKE $DIS $EBAY $X $MA $V $S $T $F $GM $NFLX $CSCO $CAT $MMM $SBUX $TGT $WMT $ATVI $EA $TTWO $MCD $AVGO $JNJ $BIDU $BZUN $BABA $MU $AMAT $QCOM $WFC $BBBY $PFE $GE $WDC $BLK $KO $UA $ABBV $GILD $BB $ORCL $RH $KEM $IQ $GRPN $PYPL $MA $MOMO $JD $WBA $CVS $FB $W $BBY $SKX $FL $EFX $ETSY $W $UNH $SAP $GPRO $KHC $DPZ $PEP $LYFT $UBER $BYND $ZM $OLED $XOM $CVX $DAL $UAL $AAL $LUV $SAVE $AXP $SPCE $NCLH $CCL $NKLA $NIO $XPEV

    https://www.businessinsider.com/national-debt-problem-of-free-money-stimulus-checks-covid-relief-2021-1?r=DE&IR=T
    The debt crisis in the US is similar to global warming — it is an incremental but enormous phenomenon that could trigger disaster at any given point.
    The debt crisis in the US is similar to global warming — it is an incremental but enormous phenomenon that could trigger disaster at any given point.
    www.businessinsider.com
  • K
    Kevin
    This virus has been putting researchers on edge and testing their resolve. MMM may soon be manufacturing something somewhat bigger than a face mask. Either way, they will come to the rescue again.
  • j
    john
    any idea what drove his brief bounce this morning. High volume too...someone must be reading my posts.
  • g
    garry
    The company has too many VP's that do not have P&L responsibility. Too many people in high levels with ???? titles.
  • P
    Party 🎉 is Finally Over
    S&P critical support level 4550 Breached...
  • M
    Mark
    Don't these dudes sell more masks now with new Covid19 omicron variant???
  • A
    Apollo
    Patiently waiting for 3M price action to respond to infrstctr bill.
  • K
    Kevin
    With 59 years of dividend increases in it's history, MMM is a dividend KING. I opened my position with 100 @ $180.00 per-share, a bargain! Also, I think an investor should also be a consumer of the company's products. Pay date December 12th - $1.48 per-share. I agree with a previous post, it's all about dividends and price stability.
  • j
    john
    How much do you think 3M stock will go up the day Roman is fired or 'retires'? I predict $10 per share that day and if it is a Danaher or other growth company executive the stock could potentially be $250 within a year. Look what GE has done over the last year.
  • J
    John
    still strong!

    looks like this may be our last chance to load up before MMM enters beast mode!

    Methinks it may be time to double down at these low prices that won't last long.
  • D
    Double
    Willing to bet MMM announces a spinoff in the next few months.
  • j
    john
    I have significant investments (for me) in Intel and 3M. Both have been terrible investments, old companies who have lost their competitiveness against smaller more nimble competitors and both have had major execution issues. Now they are both dirt cheap.

    Interesting contrast though is how Intel is dealing with it vs. 3M

    Intel CEO Gelsinger recently laid out an ambitious roadmap to catch and surpass Samsung and TSMC by 2025. It will be expensive, but at least it has a shot to reestablish INTC as the leader in their industry.

    What is 3M doing to turn-around?

    They spent $300 million to fire a bunch of people this year (in the midst of a global labor shortage), and haven't gotten ANY improvement in their cost structure from it. In fact their margins in q3 were much lower than analyst's estimates.

    They are really pushing woke politics with their recent 'equity goals'

    Come on 3M Board, hire some professional business leaders who can put a turn around plan together and execute it.

    Say what you want abut Inge, and I am no fan of him as a human being - but he was capable of putting a 'relevance, focus, productivity' plan together and bully people enough to get it through. The promise was if his plan was executed the stock would go up and people would be rewarded.

    Roman and Patolawala are just fumbling along and destroying value every day.
  • j
    john
    3M board met today. sure hope they discussed CEO succession.
  • j
    john
    Now J & J is breaking up. 3M Board where are you? companies like GE have way out performed 3M over the last year and yet they are DOING something. 3M model is broken as proven by 5 years of terrible performance. All 3M does is wok politics and diversity announcements.
  • J
    JC
    It is sad to see the company still couldn't come around. However, It could be a bad idea to split 3M company apart because there are a lot of synergism between product-lines in different industries such as by simply modifying some products in the industry group have become some very successful products in consumer group. Dividing the company will definitely lose all of that.
  • J
    Jon
    If you look at the price action this week, it's clear that there's at least an expectation that 3M will break up. That doesn't seem too crazy after this week with GE, JNJ, and Toshiba. Should it happen?