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%)
Price Is Not Just the Truth, It Is the ONLY Truth

Price Is Not Just the Truth, It Is the ONLY Truth

If one wants to argue price is not truth, then I will happily trade with you.

A Market That Can't Rally on Great News Requires a High Level of Caution

A Market That Can't Rally on Great News Requires a High Level of Caution

The fact that the strong stocks are mainly index heavy weights is what is preventing an absolute rout of the indices at this point.

Soybeans, Oil and Other Indicators Say a Trade Deal Isn't a Done Deal

Soybeans, Oil and Other Indicators Say a Trade Deal Isn't a Done Deal

Something is amiss, as macro asset classes are pricing a slower-growth, risk-averse environment ahead.

Earnings, Earnings and More Earnings, Facebook Results: Market Recon

Earnings, Earnings and More Earnings, Facebook Results: Market Recon

As we have seen so far, in terms of market reaction, there is great reward at the point of sale in beating expectations.

3M Stumbles Badly - Price Is Not Truth

* If 3M's EPS miss and this column doesn't give you pause for reflection on how investors blindly follow price, nothing will! * Despite protestations from those that worship at the altar of price, share prices are not necessarily truth * Case in poi...

Facebook and Microsoft Had Great Earnings, but Can They Keep the Market Running?

Facebook and Microsoft Had Great Earnings, but Can They Keep the Market Running?

While key stocks in this market, they may not be effective leaders.

3M or Emerson Electric: Which Industrials Dividend King Takes the Throne?

3M or Emerson Electric: Which Industrials Dividend King Takes the Throne?

3M and Emerson Electric may have similar businesses, but their future growth outlooks are quite different.

A 'Growthy' Tone

With the price of crude higher (+$0.70), the yield on the 10-year U.S. note up by five basis points (to yield 2.56%) and conspicuous strength in industrials ( and +$3) and financials ( , and ), the tape has a growthy tone to it today.

Key Takeaways

The market bent a bit today but it didn't break. The key takeaways: * Bond yields remain troublesome -- the 10-year U.S. note barely closed with a 2.50% yield. This, after the IMF further reduced its global economic projections for 2019-20. (Industr...

Jim Cramer: 3 Stocks Showing That Earnings Weakness Is a Time to Buy

Jim Cramer: 3 Stocks Showing That Earnings Weakness Is a Time to Buy

3M, Walgreens and FedEx had tough reports last quarter. But what they really tell us is to watch fundamentals on earnings.

Key Takeaways

Here are my key takeaways from Thursday's session: The market's main feature was the strength in Boeing , which buoyed the Dow Jones Industrial Average vis a vis the other indices. Banks, retail and industrials -- i.e. 3M , Dow Inc. and DowDuPont --...

Semiconductor Rally Offers Opportunity in Some Old School Stocks

Semiconductor Rally Offers Opportunity in Some Old School Stocks

The semiconductor sector surge could send some standby industrial stocks higher with it.

Trouble Ahead, Trouble Behind?

* My market concerns are expanding "Driving that train, high on cocaine, Casey Jones you better watch your speed Trouble ahead, trouble behind And you know that notion just crossed my mind." - The Grateful Dead, Casey Jones I have more market concer...

Jim Cramer: Will Trump Walk Away From Xi? Some May Already Be Betting on It

Jim Cramer: Will Trump Walk Away From Xi? Some May Already Be Betting on It

There are signs in the market that the talks may not be going as well as thought, or at least that some believe that Trump thinks he has the upper hand.

Reversion to the Mean: Bet on It

Reversion to the Mean: Bet on It

Investors who realize individual stocks will eventually revert to their mean can save themselves money and frustration.

Jim Cramer: A Cheat Sheet on China Trade Talks

Jim Cramer: A Cheat Sheet on China Trade Talks

What stocks to buy and what to avoid on the continual leaks coming out of the Kudlow-Mnuchin camp and the Lighthizer-Navarro camp.

An Interesting Week For Dividends

An Interesting Week For Dividends

It's behavioral finance at its finest, and makes for a fascinating debate.

'Wonder Dogs' and 'Underdogs': 2 Hot Diggity Twists on the 'Dogs of the Dow'

'Wonder Dogs' and 'Underdogs': 2 Hot Diggity Twists on the 'Dogs of the Dow'

Selecting the creme de la creme of last year's top dividend dogs generated an average total return of 8.8%.

Strong On-Balance-Volume Lines Point the Way Higher for 3M Shares

Strong On-Balance-Volume Lines Point the Way Higher for 3M Shares

Let's dig deeper on the charts today.

Jim Cramer: This Strong Dollar Is Biting Deeply Into Apple

Jim Cramer: This Strong Dollar Is Biting Deeply Into Apple

Dollar strength is affecting the competitive advantage of U.S. companies around the globe, and it is a more insidious problem that most people recognize.

Jim Cramer: When Is a Miss Not a Miss?

Jim Cramer: When Is a Miss Not a Miss?

When the stock's inexpensive, hated and devoid of love -- that's when.

Liking This Action

I really like the pin action in a number of my core longs: , , , , (as expected off of the strength), , , , and . and , not so much! Note: Long GS (large), BAC (large), C (large), WFC (large), JPM (large), DWDP (large), HIG (large), CBS, M (small), ...

3M and DuPont

3M guided full year numbers lower, as expected. But unexpectedly, the market's reaction has been quite favorable - perhaps because the miss wasn't as big as feared. This could enure to the benefit of DowDuPont , which, too, should report somewhat di...

Sloppy Earnings, China's Economy, AMD Earnings Preview: Market Recon

Sloppy Earnings, China's Economy, AMD Earnings Preview: Market Recon

What we have seen of late from a number of chip producers really might be interpreted as pre-recessionary.

Jim Cramer: 7 Trends That Can Guide Us Through This Turmoil

Jim Cramer: 7 Trends That Can Guide Us Through This Turmoil

These themes are working despite the turmoil in Washington and slowing global growth.

Where's The Beef?

Though financials and FANG (which are at an important top of the price channels/charts) are great, industrials (DowDuPont , 3M ), autos (a one-day wonder from yesterday), retail (Macy's , Target ), semiconductors (Micron Technology ), transports (Un...

The Game of Thrones

"The day will come when you think you are safe and happy, and your joy will turn to ashes in your mouth." - Tyrion With interest rates still messaging weakening economic growth and industrial stocks doing the same (see and ) we continue to be caught...

It's the Business I Have Chosen

I was a large buyer of stocks during the last half of December. On the market's extraordinary strength since Christmas I have made a number of portfolio changes this week: * Eliminated longs in 3M , Amazon and Google . * Reduced long holdings in Squ...

3M: A Lot of Work Leads to a Dead End

There is nothing worse than spending several weeks researching a company -- talking to competitors, suppliers etc. -- and then determining at the very end that the fundamentals do not appear to be holding up. That is the real crappy part of fundamen...

Ditching 3M

I have called an audible on 3M . Based on my research in the last few days I am no longer comfortable with my earnings expectations. I am taking 3M off of my Best Ideas List and selling the stock now (for a gain).