With 3M, it's probably now or never for an outsized gain - Joseph Lazzaro

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With 3M, it's probably now or never for an outsized gain
Aug 14, 2009 08:10 PM UTC

Joseph Lazzaro

Return	Risk
+3.55%	MID

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Symbol	Sentiment	Start	Return	Closed
MMM		08/14/09	+14.78%	01/25/10

Via BloggingStocks:

Filed under: Stocks to Buy

I'm Reiterating my Buy rating for 3M Co. (NYSE: MMM), first recommended on April 20, 2009 at a price of $51.97. If you purchased MMM at that time, you're up a solid 37%.

Back in April, I argued, among other factors, that a strong case for buying 3M's shares could be made based on the company's strong free cash flow, net return on capital, and reasonable P/E (the about 11), before everyone else jumped on the bandwagon.

Continue reading With 3M, it's probably now or never for an outsized gain

With 3M, it's probably now or never for an outsized gain originally appeared on BloggingStocks on Fri, 14 Aug 2009 15:10:00 EST. Please see our terms for use of feeds.

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