3M Rises 23.4% in 6 Months: Time to Buy or Hold the Stock?

3M Company’s (MMM) shares have gained 23.4% over the past six months, outperforming the S&P 500’s growth of 10.4% and the Zacks Diversified Operations industry’s decline of 9.4%. The diversified technology company has also outperformed industry players like Honeywell International Inc. (HON) and Federal Signal Corporation (FSS) , which have returned 12% and 2.1%, respectively, over the same time frame.MMM Stock’s Six-Month Price PerformanceImage Source: Zacks Investment ResearchClosing at $129.79 in the las ...