3M Stock Is Up 40% This Year. Can the Rally Keep Going?
3M (NYSE: MMM) has quietly emerged as one of the market's biggest turnaround stories, with the shares up almost 40% this year, back to their highest level since early 2022.
Following a difficult post-pandemic period defined by supply-chain disruptions and inflationary-cost pressures, the latest update from the industrial conglomerate was highlighted by a growth rebound and wider profit margins.
The headlines are positive, but does that make 3M stock a buy now? Let's explore what the data suggests.
Source Fool.com
