3M: Risks Likely Baked In


  • There isn’t much to be positive on for 3M.
  • Litigation risks and the macro environment have crushed the stock since I last wrote on it in 2017.
  • The company’s upcoming spinoff will likely shore up the balance sheet, and uncertainty is close to its peak. 3M is likely worth a shot at this price.
Prague, Czech republic - May 22, 2017: 3M company logo on headquarters building


Well, it’s a bloodbath out there. I’ve found it beneficial to my mental health to spend as little time as possible looking at my brokerage balances. However, I’ve found myself spending less time researching companies, as well. I think it’s human nature, but it could just be

Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in MMM over 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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