1 Green Flag for 3M in 2022, and 1 Red Flag
The latest earnings from 3M (NYSE: MMM) pleased investors, and the stock rose accordingly. It's a welcome development for a stock that's still down 19% in 2022. That said, what does the future hold for the company and its investors? To help answer that question, here's a look at the big green and red flags waving from the report.
Albert Einstein would be pleased because there's no better way to describe the mini-collection of green flags than "relative." 3M's earnings and guidance weren't great, but they weren't as bad as many in the market had expected. In addition, many elements were not as bad as CEO Mike Roman expected when he spoke at an investor conference in early June.
Source Fool.com
