3M Company: Solventum Spinoff Creates More Upside Potential
3M(MMM) Seeking Alpha·2024-06-17 18:49
Yevhenii Orlov/iStock via Getty Images MMM stock: Still a buy at near 52-week high I last wrote on the 3M Company (NYSE:MMM) stock earlier this year in February. As illustrated by the chart below, I argued for a bullish thesis based on the following considerations: 3M recently settled its class action lawsuits involving the use of PFAS (aka, the forever chemicals)and combat earplugs. These settlements could improve public perception and lead to increased investment and investor confidence. MMM's current ...