Wednesday, 30 October 2024

Is 3M Stock a Buy Now?

by BD Banks

3M (NYSE: MMM) has talked about increasing organic growth, but it’s struggled to do that for years. In this video, Travis Hoium goes over the company’s recent growth, why the struggles continue, and whether the stock is a good value today.

*Stock prices used were end-of-day prices of Oct. 28, 2024. The video was published on Oct. 28, 2024.

Don’t miss this second chance at a potentially lucrative opportunity

Ever feel like you missed the boat in buying the most successful stocks? Then you’ll want to hear this.

On rare occasions, our expert team of analysts issues a “Double Down” stock recommendation for companies that they think are about to pop. If you’re worried you’ve already missed your chance to invest, now is the best time to buy before it’s too late. And the numbers speak for themselves:

  • Amazon: if you invested $1,000 when we doubled down in 2010, you’d have $21,217!*
  • Apple: if you invested $1,000 when we doubled down in 2008, you’d have $44,153!*
  • Netflix: if you invested $1,000 when we doubled down in 2004, you’d have $403,994!*

Right now, we’re issuing “Double Down” alerts for three incredible companies, and there may not be another chance like this anytime soon.

See 3 “Double Down” stocks »

*Stock Advisor returns as of October 28, 2024

Travis Hoium has no position in any of the stocks mentioned. The Motley Fool recommends 3M. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.

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