Wednesday, April 13, 2016

Is 3M Company Stock a Buy?

On Tuesday, 3M Company (NYSE: MMM) reaffirmed its 2016 outlook and gave investors its five-year outlook. Following this announcement, the big question investors need to ask is this: How exactly are these companies supposed to generate strong earnings growth in a moderate economic environment? It's a particularly pertinent question, because 3M Company's new guidance calls for 8% to 11% annualized EPS growth from 2016 through 2020. Let's take a look at the company's new guidance and whether it makes the stock worth buying or not.

READ THE FULL EQUITY RESEARCH ARTICLE LINKED