Here's Why You Should Hold 3M (MMM) in Your Portfolio Now
3M Company (MMM) is benefiting from strength in advanced materials, commercial solutions and auto original equipment manufacturer (OEM) businesses. Also, solid momentum in the auto OEM business driven by an increase in global car and light truck bills are driving the company’s Transportation and Electronics segment. The segment’s revenues grew 4.5% in the fourth quarter of 2023.Backed by strength across its businesses, management recently raised its earnings guidance for the first quarter of 2024. 3M curre ...