Earnings season is the perfect time to evaluate the performance of blue-chip stocks and add or trim holdings. According to FactSet, with 41% of S&P 500 companies reporting as of July 26, 60% of compan

3M's (MMM) Turnaround Under New CEO

04:48pm, Monday, 29'th Jul 2024
3M (MMM) hit a new 52-week high Monday and grew over 20% month to date. Could a comeback story be in the works for the company?
While a niche application of data storage and processing technology, biometric security is becoming an increasingly relevant sector within the broader technology industry. Back in 2021, the biometric

3 Stocks With the Most Recent 52-Week Highs

02:42pm, Monday, 29'th Jul 2024
The overall stock market has been reeling over the last week or so. The S&P 500 index and NASDAQ have fallen by 4% and 6%, respectively, since July 16 due to uncertainty regarding the future of artif

Calls of the Day: Charles Schwab, 3M and Uber

01:27pm, Monday, 29'th Jul 2024
The Investment Committee discuss the latest Calls Of The Day.
RBC Capital Markets analyst Deane Dray reiterated an Underperform rating on the shares of 3M Co MMM and raised the price target from $93.00 to $95.00.
From a technical perspective, 3M (MMM) is looking like an interesting pick, as it just reached a key level of support. MMM recently overtook the 20-day moving average, and this suggests a short-term b
Last week, our time-tested methodologies served investors well in navigating the market. Check out some of our achievements from the past three months.
AI plays Super Micro Computer and Nvidia are still the top S&P 500 stocks in 2024, but this Dow giant is leading now.
I've made mistakes, like underestimating the tech stock surge. However, I'm pleased with the market's shift from "growth" to "value," broadening market strength. Non-tech sectors are showing positive
3M stock had its best day on record Friday. Second-quarter earnings were a nice surprise, but they weren't the reason for the big jump in the shares.
3M (MMM) shares soared Friday after the maker of Scotch tape and Post-it Notes reported better-than-expected quarterly results and raised its full-year profit forecast, as the conglomerate reaps the b

Stocks This Week: Buy MMM And Goldman Sachs

04:16pm, Sunday, 28'th Jul 2024
The market appears to be in a rolling correction. This occurs when one group or sector fades and another begins a rally.
We were more active than usual in the quarter, buying shares that were available at very attractive prices. All in, we have ugly ducklings - high returns on capital, cash cow spinoffs, working through
MMM experienced a significant 22.99% increase in shares after strong earnings and positive outlook. Despite past challenges, MMM has a strong balance sheet, with ample cash to meet obligations and pot
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