Blue-Chip Stock Could Surge to Highest Level Since 2019

3M Co (NYSE:MMM) stock could eke out a fourth-straight daily gain, last seen up 0.1% to trade at $171.74. The blue-chip name bounced off prior resistance at the $160 level, and earlier came within striking distance of its Oct. 24, four-year high of $172.85. Now, a historically bullish signal flashing may help the security conquer those highs and extend its 33% year-to-date lead.3M stock's recent peak comes amid low implied volatility (IV), per its Schaeffer's Volatility Index (SVI) of 23%, which ranks in th ...