NYSE:MMMIndustrials
A Look at 3M (MMM) Valuation Following Quarterly Earnings Beat and Stock Rally
3M (MMM) is once again drawing interest after its latest quarterly results topped Wall Street expectations, sending the stock up in recent trading sessions. The company’s net income climbed in part due to a turnaround in its healthcare business and recovery in industrial demand. Both of these factors play a significant role in 3M’s long-term narrative. For shareholders who have been waiting for clearer signs of progress, this earnings beat represents a shift from the uncertainty that has...