Jason Bellier @neostonks 19d 3M $MMM1.8% announced it will return $10 billion to shareholders by 2027! 3M MMM $153.2 $2.77 +1.84% Market Cap 83B P/E 19.96 Div. Yield 1.85% EV 91B P/S 3.13 Payout 47.50% ChartMetrics 1D5D1M6MYTD1Y5YMAX Anyone here still holding MMM stock or have you sold in recent months and years due to lawsuits? 5 Share
I had the stock in my portfolio for a while, but then I sold it because of the litigation. The stock has gone up nicely since then, but I guess I'm glad I got rid of it.
It's a good defensive stock for diversification, but that valuation is currently very high.
The lawsuits are not good, but the stock is still rising pretty solidly. I have bought a few shares and still hold.