3m
ValueWalk
Key Points 3M stock has likely found its bottom just as the underlying industry shows signs of improvement and upcoming demand for the second half 2023.Financial performance improved significantly in the company; these adjusted figures suggest that the earnings power for the past quarter was as strong as ever, adding momentum to an undervaluation thesis.Future implications of lawsuit payments can dismiss any investor fears surrounding the safety of the company’s dividend payouts, further suggesting that there is much more value to be had in this company.5 stocks we like better than 3MThere are...
ValueWalk
Commenting on 3M and Raytheon’s earnings report and today’s trading so far, Gorilla Trades strategist Ken Berman said: Q4 2020 hedge fund letters, conferences and more 3M And Raytheon's Earnings Boost The Struggling Industrial SectorThe major indices are mixed and flat at midday despite a bullish start to the session on Wall Street. Stocks turned choppy ahead of tomorrow’s Fed announcements and a slew of crucial tech earnings, with investors digesting the rumors suggesting that a smaller, more targeted stimulus package could be in the works. Johnson & Johnson's (JNJ, +2.9%) upbeat earnings rep...
ValueWalk
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