Jim Cramer Says “Industrials Always Work in Response to a Rate Cut” and Highlights 3M Company
Group 1 - 3M Company is highlighted as a stock that benefits from the recent Fed rate cut, with expectations of continued performance in the industrial sector [1] - The latest quarterly performance of 3M is described as superb, with a significant focus on innovation, launching 70 new products in Q3 and 196 year to date [2] - The electronics and safety end market has shown better-than-expected growth after a period of slow performance [2] Group 2 - The discussion indicates that while 3M has potential as an investment, there are AI stocks perceived to offer greater upside potential and lower downside risk [3]