3M Raises Guidance and Changes CEO: Is the Stock a Buy?

Industrial giant 3M (MMM -1.01%) had a remarkable run on Wall Street last week, with its stock soaring by a double-digit percentage thanks to a wave of positive news. This surge in stock value, coupled with the stock's undervaluation, a near 5.8% dividend yield, and its potential as a turnaround play following a pending management restructuring and the spinoff of its healthcare business, Solventum, all point to a promising investment opportunity. Could this be the right time to consider buying 3M stock?3M's ...