Here's Why It is Appropriate to Retain 3M Stock Right Now
3M(MMM) ZACKS·2024-09-11 22:10
3M Company (MMM) has been witnessing solid momentum in the Transportation and Electronics segment, driven by strength in electronics, automotive and aerospace, commercial branding and transportation end markets. Continued channel inventory normalization, supported by strong growth in electronics demand, is proving beneficial for the segment.Solid momentum in the automotive electrification market and an increase in auto OEM (original equipment manufacturer) build rates are expected to augur well for the segm ...