With its inclusion in the Dow Jones Industrial Average and its extensive history raising its dividend, 3M (NYSE: MMM) is a stock that a variety of investors follow closely. As popular as it might be, though, there's hardly a consensus about what lies ahead.
While some are optimistic, others have taken a more cautious approach. To provide greater insight into its prospects and the potential pitfalls, two fool.com contributors examine the bear and bull arguments for 3M stock.
Lee Samaha: Even setting aside its ongoing exposure to potential legal liabilities, 3M has struggled operationally in recent years. Its profit margins have declined, and its management has developed a habit of missing guidance, particularly on sales.
Source Fool.com