3M has been in the news quite a bit lately, both positively and negatively. Their stock price dropped over the last year from almost $200 to $100 now. They operate in four main segments: safety and industrial, transportation, electronics, healthcare and consumer. There's two different litigation battles going on that people might be forgetting about.
3M had a big run-up at the end of the week due to some news regarding a first settlement of at least 10 billion. Is now the time to buy? We do a bit of a deeper dive into those litigations to really understand if the path is clear for 3M's recovery.
What's more in this episode: our thoughts about Target and their #GoWokeGoBroke failure. Does this provide an attractive buying opportunity?
Last but not least, many listeners questions ranging from our thoughts about stocks like $LOTB, $JNJ, $ABBV, $ROG to our opinion about whether beating the market should be a dividend growth investors goal.
Having said that, it's a jam-packed show, and as always, C U on the inside!