NYSE:MMMIndustrials
3M (MMM): Assessing Valuation After a Strong Year-to-Date Rally and Recent Pullback
3M (MMM) has quietly outperformed the broader market this year, and that kind of comeback always makes investors wonder whether the move still has room to run or is already pricing in the good news.
See our latest analysis for 3M.
The recent pullback, including a 7 day share price return of minus 4.23 percent after a strong year to date share price return of 24.72 percent, looks more like a breather than a trend reversal. This is especially notable given the 1 year total shareholder return of...