3M Company: Solventum Spinoff Creates More Upside Potential


  • Despite the strong rally recently, I see more upside for 3M Company stock prices.
  • The top drivers include the Solventum Corporation spin-off and the settlement of its legacy lawsuits, both enhancing the clarity of its growth curve ahead.
  • The attractive valuation multiples add further upside potential.

Many different kind of scotch tapes

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MMM stock: Still a buy at near 52-week high

I last wrote on the 3M Company (NYSE:MMM) stock earlier this year in February. As illustrated by the chart below, I argued for a bullish thesis

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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