3M Stock: Bull vs. Bear
Shares of 3M (NYSE: MMM) are down by more than 15% since the start of the year, vastly underperforming the S&P 500, which has climbed nearly 16%. Take this in concert with 3M stock's 32% decline in 2022, and it's clear that it hasn't provided much joy for investors recently.
Smart investors know that for an industrial sector stalwart like 3M, a dip can provide a great opportunity to scoop up shares on the cheap. But whether this stock is headed for gains or not is up for debate, so let's see how two fool.com contributors break down the bear and bull arguments for 3M.
Lee Samaha: This industrial giant's hefty dividend yield is enticing, but there's no such thing as a risk-free dividend. Moreover, the risks facing 3M appear to be near, medium, and possibly long term.
Source Fool.com
