Rochester,NY 7/11/2009 10:15:04 PM
Week End Stock Report - MMM - Are You Ready to Make Real Money? - Sourced WhisperFromWallStreet.com
3M Co.
Week End Stock Report - MMM - Are You Ready to Make Real Money? - Sourced WhisperFromWallStreet.com
3M Co. MMM
Thanks to the recent rally, you may be feeling pretty good about yourself. After all, Dow members such as Cisco Systems (Nasdaq: CSCO), United Technologies (NYSE: UTX), and 3M (NYSE: MMM) are all up 28% or more since March 9. If you're new to the market, you may be thinking that this stock-picking stuff is easy money.
It's not -- and this recent rally cannot continue. It's not in the nature of U.S. large caps to offer greater than 50% returns in a year, let alone a few months. This market is seriously out of whack.
Last Trade: 59.79
Day's Range: 58.46 - 59.92
52wk Range: 40.87 - 74.71
Volume: 3,911,496
ABOUT - 3M Co.
3M Company, together with its subsidiaries, operates as a diversified technology company worldwide. It operates in six segments: Industrial and Transportation; Health Care; Safety, Security and Protection Services; Consumer and Office; Display and Graphics; and Electro and Communications. The Industrial and Transportation segment offers tapes, coated and nonwoven abrasives, adhesives, specialty materials, filtration products, closures for hygiene products, and components and products that are used in the manufacture, repair, and maintenance of automotive, marine, aircraft, and specialty vehicles. The Health Care segment provides medical and surgical supplies, skin health and infection prevention products, drug delivery systems, dental and orthodontic products, health information systems, and anti-microbial solutions. The Safety, Security, and Protection segment offers personal protection products, safety and security products, energy control products, cleaning and protection products for commercial establishments, track and trace solutions, and roofing granules for asphalt shingles.
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