Sunday, February 14, 2016

Illionis Tool Works or 3M Company Stock for 2016?

Illinois Tool Works  and 3M Company both delivered solid fourth-quarter earnings recently, and maintained their full-year guidance for 2016. Given the deterioration in the economy in the fourth-quarter that's no mean feat.  As a consequence both stocks are now outperforming the S&P 500 and the industrials sector -- measured in this case by the IShares US Industrials ETF. Does this make the stocks a buy?

MMM Chart
MMM data by YCharts

READ THE FULL EQUITY RESEARCH ARTICLE LINKED