3M: Operational Excellence And Turnaround Momentum Drive A Buy Rating
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William Davis232 FollowersFollow5ShareSavePlay(11min)CommentsSummary3M is executing a turnaround, leveraging restructuring and operational improvements to drive margin expansion and organic growth.MMM delivered strong Q3 earnings, raised full-year EPS guidance to nearly $8.00, and continues to outperform sector peers in profitability.Despite sluggish top-line growth and legal headwinds, MMM’s superior margins, robust cash flow, and stable financial base support a bullish outlook.I see MMM as undervalued, with a justified price target of $178.36 and a Buy rating based on its turnaround momentum and resilient fundamentals. jetcityimage/iStock Editorial via Getty Images Investment Thesis Wide reach and a deep market penetration make 3M (MMM) a key staple of manufacturing; despite its strength, the company is facing headwinds that are measurably slowing its growth. The company has been ableThis article was written byWilliam Davis232 FollowersFollowWilliam has been an avid student of the stock market for over a decade. Being an avid student of political economics his entire professional life gives him a unique insight into the macroeconomy and how it impacts assets. Having learned the value of a comprehensive and fundamental approach, he has a keen eye for identifying hidden gems. Currently, he spends much of his time analyzing data and writing for financial websites.Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.Recommended For You