Thursday, January 24, 2013

Seeking Alpha: Often Derided, 3M's Quality Usually Wins In The End

Being a 3M (MMM) investor is no picnic. Sure, every sell-side analyst (and most independent writers/analysts) is quick to praise the company's long history of shareholder valuation creation and product innovation, but then the "yeah, buts" start - it's not a fast grower, it's not aggressive enough, it's not ruthless enough on costs, and so on. This is all true to a point, and 3M is probably not the best pick for a fiery second half economic rebound, but 3M remains a solid portfolio cornerstone and a stock unlikely to disappoint long-term investors.

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Often Derided, 3M's Quality Usually Wins In The End

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