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Is 3M a Millionaire Maker?
MMM3M(MMM) The Motley Fool·2024-07-20 08:03

Industrial giant 3M just spun off a growth business, leaving it with a less attractive portfolio...and large legal headwinds.There is no way to sugarcoat it: 3M (MMM -0.10%) has not been a particularly rewarding investment over the past decade, with the price currently about 15% lower than where it was 10 years ago. But the real turning point came in 2018, when the industrial giant's legal and regulatory headwinds started to pick up. Since that high-water mark, the stock price has been cut in half. Is this ...