3M has lost 10 of the 16 cases that were brought to court and it discussed them about 265 million of fines, let's say. The issue now really with those earplucks is that they can be too short in a particular wears ear canal. So for me, 3M bought this company and get all the litigation shit in their eyes. Although you might argue like why were people wearing them anyway?
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!