3M Co. (MMM)

168.79
NYSE : Producer Manufacturing
Prev Close 168.56
Day Low/High 168.08 / 171.12
52 Wk Low/High 150.58 / 219.75
Avg Volume 2.65M
Exchange NYSE
Shares Outstanding 575.05M
Market Cap 96.93B
EPS 9.10
P/E Ratio 20.02
Div & Yield 5.76 (3.41%)

Cyclicals and the Market

Mr. Market re-embraces the cyclicals today ( , , , etc.). This may support the notion that I am on the right track with my bond short.

Barron's Is Dead Wrong About Death of Reversion to the Mean

Barron's Is Dead Wrong About Death of Reversion to the Mean

You don't need to look far to find example after example of stocks that wound up returning to their average P/E ratios after big swings up or down.

Key Takeaways

With 60 minutes to go: * The S&P has just broken the day's lows - following the pattern of early strength and late in the day weakness. * Breadth: 1200 advancers, 1750 decliners. * The economic message of lower bond yields is growing louder. * The 1...

Water Company Dividend Kings That Quench the Thirst for Income

Water Company Dividend Kings That Quench the Thirst for Income

Dividend stock investors should look to have at least some exposure to this sector.

Are the Fundamental and Technical Stars Aligned for a Bear Market?

* There are many historical reasons to be concerned * The Nasdaq looks especially vulnerable (watch out below Apple!) * My conviction that an important market topping process is in place has grown Evidence of a market topping process, which began in...

3M Is Stuck in the Bears' Grasp

3M Is Stuck in the Bears' Grasp

MMM could be headed still lower in the months ahead.

A Market Update and Today's Trades

* Raising my short exposure this morning As the business media dwells on the IPO, the market backdrop continues to deteriorate. I continue to see growing evidence that the market could be in a major topping process - with prior highs (and a possible...

Jim Cramer: U.S. Companies Are Ready for China Tariffs

Jim Cramer: U.S. Companies Are Ready for China Tariffs

Only economists and pundits seem to be worried about a pending crash that might never occur.

2 Blue-Chip Stocks to Buy Soon

2 Blue-Chip Stocks to Buy Soon

Verizon and 3M had very different earnings results, but both stocks have reacted by pulling back to attractive levels.

Jim Cramer: What a One-Two Punch From Uber and China Tariffs Could Mean

Jim Cramer: What a One-Two Punch From Uber and China Tariffs Could Mean

Why the Uber IPO and the market's take on China tariffs are so important, and what stocks would be most affected by any derailment.

Jim Cramer: President Trump Knows More Than You About How Tariffs Work

Jim Cramer: President Trump Knows More Than You About How Tariffs Work

The base just wants the scales leveled. That's what Trump wants, too, and he won't sign off on anything with China until he gets it.

Jim Cramer: Don't Try to Predict the Cycle, Game the 'Gamers' Instead

Jim Cramer: Don't Try to Predict the Cycle, Game the 'Gamers' Instead

The big portfolio managers get ahead of the turn in cycles -- as we can see in oil services, semiconductors and autos, among other sectors. Here's how to play their game.

Key Takeaways

With thirty minutes to go in the regular hours trading session: * Second day of weakness with 1,340 advancers and 1,610 decliners on the NYSE. * But we are way off the day's lows. In fact S&P futures are 17 handles above the morning levels (Made a n...

Real Money Post-Industrial Average Leaves Major Indices in the Dust

Real Money Post-Industrial Average Leaves Major Indices in the Dust

RMPIA outperformed once gain during April.

Key Takeaways

With 25 minutes of trading left in the day: * The markets moved back and forth from no change several times during the day. * At 3:35 pm closer to the lows, though. * Breadth negative - 1300 advancers, 1630 decliners. * Bonds were higher in the morn...

Follow One Simple Rule to Avoid Disasters Like 3M's Meltdown

Follow One Simple Rule to Avoid Disasters Like 3M's Meltdown

The rule: Never pay more than a stock's normalized valuation when making a new commitment.

Fibocall: Early Tuesday Texts

Jim Cramer: Be Careful What You Wish for This Earnings Season

Jim Cramer: Be Careful What You Wish for This Earnings Season

'Rookie buying' ahead of the print can get you in trouble.

The Bulls Are Winning the Battle, but Upside Progress Grows Increasingly Tough

The Bulls Are Winning the Battle, but Upside Progress Grows Increasingly Tough

The price action of individual stocks is the canary in the coal mine that will tell us when there are some problems developing.

Turbulent Week Shows Importance of Focusing on Price Action

Turbulent Week Shows Importance of Focusing on Price Action

I have been preaching that we need to stay focused on price action more than anything else. This week was a particularly good illustration of why.

Key Takeaways

* The market's relentless advance continued, with the customary rally from the morning lows. * Breadth improved throughout the day (1,966 advancers, 973 decliners). * Bonds fell in yield, with the 10-year U.S. note yielding 2.50%. * Oil collapsed --...

The GDP Report Took the Wind Out of the Bears' Sails

The GDP Report Took the Wind Out of the Bears' Sails

It is easy to argue that this market should be rolling over but it is not and that means we stick with what is working which are long plays.

Warning Signs Appear, but It Is Still Too Early to Go Full Bear

Warning Signs Appear, but It Is Still Too Early to Go Full Bear

There are still dip buyers jumping on intraday weakness and the indices are staying above key technical levels.

Trading the Rails, GDP, Uber IPO: Market Recon

Trading the Rails, GDP, Uber IPO: Market Recon

Businesses are spending. If you're making stuff... if you're buying stuff, then the railroads are moving stuff.

Jim Cramer: Ford Understands How the Secular Winds Are Blowing

Jim Cramer: Ford Understands How the Secular Winds Are Blowing

The rest of the automakers just don't get it -- the sharing economy is a revolution.

I Don't Like the Initial Reaction to the Amazon and Intel Reports

I Don't Like the Initial Reaction to the Amazon and Intel Reports

Intel is often a more important market leader than the FAANG names.

Key Takeaways

With an hour to go, here are my key observations on the day: * Another smart rally off of the day's low (such a resilient market!) but not accompanied by a revival of breadth (which is now 1,175 advancers against 1,760 decliners). * Bonds rose by 1-...

Novice Trade: Dow Jones Industrial Average ETF

Novice Trade: Dow Jones Industrial Average ETF

These types of index divergences usually do not last too long.

I'm Maintaining a Bullish Bias but I've Increased My Vigilance

I'm Maintaining a Bullish Bias but I've Increased My Vigilance

The Amazon report is going to provide us with some very strong evidence of whether a short term top may be developing.

Is Price Truth (in the Markets)?

Perhaps it's a semantics question. Or perhaps it is a question that can not be answered. To me, price is both the Truth and a Lie. At any moment in time it is Truth, as we can buy or sell here as the collective wisdom of the investment world judges ...