3M: Not The Time To Buy Just Yet

jetcityimage Beleaguered industrial giant 3M (NYSE:MMM) may just be turning the corner after an extremely rough 2023. The company was hammered with lawsuits of unprecedented size from so-called "forever chemicals", agreeing to pay up to $12.5 billion in damages. As if that weren't enough, 3M is also on the hook for about$6 billion for defective earplugs in another financial and reputational blow to the company. However, as we know, Wall Street looks forward and these events are now known and quantified. Th ...