3M (NYSE: MMM) is a company and a stock under pressure. The shares continue to look like a good value for the long term, but that depends on management delivering on its turnaround plans.

The good news is that the company has plenty of financial firepower to do so and is actively pursuing changes. The bad news: There's little hard evidence that the restructuring is having a significant impact, and the upcoming first-quarter earnings report on April 27 might confuse more than it clarifies.

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Source Fool.com