Is 3M Stock a Buy?
From Nasdaq:
Summary:
1. 3M is an interesting investment proposition with a long history of increasing dividends and a 5.6% yield. However, legal settlements and operational performance issues have caused concern.
2. 3M’s dividend sustainability is in question, as the company will spin off its healthcare segment and faces significant cash calls coming from legal settlements.
3. Despite challenges, there is evidence of restructuring actions taking effect, which could improve margins for 3M.
4. Given the uncertainty over its dividend and near-term market deterioration, 3M may not be a buy for most investors, but there are positive signs to monitor.
5. The Motley Fool Stock Advisor has identified 10 best stocks for investors to buy now, and 3M wasn’t one of them.
Overall, 3M is grappling with some challenges that make it a risky buying option for most investors, but there are hints of potential improvement in the future.
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