The exit in the Russian market after the invasion of Ukraine has hampered a little bit. The respirator demand went down after COVID. We can see inflation hitting them really hard for some of the products that are really price sensitive. And I think a lot of people are paying too much hope on China reopening and the demand increasing. But I just, I see too many headwinds and not enough growth data tailwinds for me. So yeah, this is the reason why the dividend is questionable.
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!