3M Co (MMM)
$133.14 0.00 (0.00%)
5:08 EDT MMM Stock Quote Delayed 20 Minutes
Previous Close $133.14
Market Cap 79.04B
PE Ratio 19.72
Volume (Avg. Vol.) 6
Day's Range 133.14 - 133.14
52-Week Range 114.04 - 219.75
Dividend & Yield 5.26 (3.95%)
MMM Stock Predictions, Articles, and 3M Co News
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A new quarter begins, but it's the same old song for riskier assets as stocks tumbled, prompting concerns Q2 will be another rough patch.
3M has limited exposure to the battle against coronavirus, and its industrial manufacturing business is likely getting crushed, which makes MMM stock much less appealing.
Should the economy not bounce back following the coronavirus, you’ll want to look at these recession-resistant stocks to buy.
Friday was a down day, but four of the past five have been up days for the Dow and it's worth pointing out that after one of the most rapid corrections/bear markets on record, plenty of bad news is already being consumed, but plenty of uncertainty lingers, too.
I haven’t been very enthusiastic about MMM stock primarily due to a lack of growth catalysts. However, that didn’t stop me from recommending the stock last July, suggesting its expected free cash flow generation made it a very attractive stock to hold.
Dow stocks wilted again Friday as GDP estimates grow increasingly dour and politicians offer up feeble stimulus ideas.
Goldman's GDP estimate calls for a record decline. 3M ups respiratory production. Here's what happened in the stock market today.
By Thomas Niel
It won't happen tomorrow. It may not happen six months from now. But in the long-term, MMM stock could make an epic rebound. At today's distressed prices, the shares now could be a good opportunity.
One way of looking at that scenario is that if 3M is one of the stocks currently piquing your interest, it could be worth waiting on because if history repeats, prices are likely to come in even more if a recession materializes.
3M supplies protective gear that customers need to fight off Covid-19, but that is only part of its business that will boost MMM stock.
In case of a potential recession, 3M'ssales of automotive and industrial products will likely suffer, pressuring the MMM stock price further.
3M's technicals and fundamentals are deteriorating. Here's how to profit on MMM stock with a bearish options spread.
You can keep Apple or Microsoft on your trading screen, but these stocks to buy and sell may be more important in today’s bear market.
3M is crashing, but the fundamentals behind MMM stock are still solid. This too shall pass, which means it's time to buy some shares.
The maker of Scotch Tape, Post-It notes and Ace bandages has been hammered on Wall Street for close to a year now. MMM stock is down 13% so far this year and appears unlikely to improve anytime soon.
MMM stock has been in a downward trend since early 2018, and now shares are certainly at value levels. But, the timing still may not be good.
MMM is a free cash flow giant poised to do well this year. MMM stock has a 6.1% FCF yield, and is at its highest dividend yield ever, making it a bargain.
Add these proven companies to you list of stocks to buy for the long, long haul. They were all built to last.
The valuation of MMM stock is attractive and its dividend is healthy. Its healthcare segment will deliver strong growth, offsetting the weakness of its safety and industrials segment.
The Hungarian forint firmed in early trade on Thursday after the central bank used what analysts labelled an "implicit rate hike" to halt the slide of central Europe's worst performing currency. Hungary's central bank (MNB) announced a new one-week deposit for banks at 0.9% on Wednesday, a move it said could help reduce commercial banks' stock of overnight deposits and manage liquidity more efficiently. The rate on the one-week deposit facility is equal to the bank's base rate and far more than its overnight deposit rate which is at -0.05%. By 0856 GMT the forint had strengthened 0.36% on the day against the euro to 361.75, after setting a fresh record low of 369.54 on Wednesday. "The HUF fell so drastically yesterday that NBH carried out an effective rate increase," Erste Group analysts said in a note. "The EURHUF immediately reversed, albeit it remains to be seen how effective this move will be in the longer run." Hungarian short-term Budapest interbank market rates jumped about 40 basis points after the central bank's move. The first tender for the new one-week deposit will be held on Thursday. Other central European currencies also firmed, rebounding after a difficult session on Wednesday, when PMI data across the region fuelled worries of a deep recession caused by the coronavirus pandemic. The Polish zloty firmed 0.34% against the euro to 4.5760, The Czech crown gained 0.66% to 27.405. The Romanian leu was little changed at 4.8295. Stocks were mixed, as investors continued to fret over the effects of the coronavirus on businesses ahead of U.S. jobless claims data later in the day. "There is only one topic - the virus. When the lockdown will end and what are the probabilities of this ending in May or in April," said Kamil Stolarski, Head Of Equity Research at Santander Bank Polska. Warsaw's WIG 20 index was down 0.29% and Budapest's main index was down 0.34%, while Prague's PX index rose 1.15%. In Warsaw, shoe retailer CCC SA fell more than 4.5% after the effects of the coronavirus pushed it to a first quarter loss and it announced plans to cut costs. Benchmark Polish 10-year bond yields rose just under 3 basis points to 1.747%, while Czech 10-year yields fell just under 6 basis points to 1.404%. Poland's Finance Ministry will offer bonds worth 4.0-7.0 billion zloty ($956 million-$1.7 billion) at tender on Thursday. The Czech Finance Ministry sold a record 87.4 billion crowns ($3.50 billion) of three bonds at auctions on Wednesday, following up on massive debt sales last week as it accelerates borrowing to combat the coronavirus outbreak. CEE SNAPSHOT AT MARKETS 1057 CET CURRENCI ES Latest Previous Daily Change bid close change in 2020 Czech 27.4050 27.5860 +0.66% -7.20% crown Hungary 361.7500 363.0700 +0.36% -8.46% forint Polish 4.5760 4.5914 +0.34% -6.98% zloty Romanian 4.8295 4.8268 -0.06% -0.85% leu Croatian 7.6283 7.6300 +0.02% -2.40% kuna Serbian 117.4200 117.5200 +0.09% +0.13% dinar Note: calculated from 1800 CET daily change Latest Previous Daily Change close change in 2020 Prague 779.57 770.6700 +1.15% -30.12% Budapest 32251.07 32361.34 -0.34% -30.01% Warsaw 1478.05 1482.42 -0.29% -31.26% Bucharest 7536.73 7425.44 +1.50% -24.46% Ljubljana 721.77 727.00 -0.72% -22.04% Zagreb 1501.36 1471.92 +2.00% -25.58% Belgrade <.BELEX15 641.11 658.97 -2.71% -20.03% > Sofia 417.46 417.64 -0.04% -26.52% Yield Yield Spread Daily (bid) change vs Bund change in Czech spread Republic 2-year 5-year 10-year Poland 2-year 5-year 10-year FORWARD 3x6 6x9 9x12 3M interban k Czech Rep < 0.41 0.43 0.48 1.03 PRIBOR=> Hungary < 0.82 0.86 0.99 0.47 BUBOR=> Poland < 0.62 0.51 0.48 1.17 WIBOR=> Note: FRA are for ask prices quotes ************************************************** ************ (Reporting by Alan Charlish in Warsaw, Gergeley Szakacs and Krisztina Than in Budapest; Editing by Kirsten Donovan)
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