3M's Earnings Were Mixed, But the Stock Is Cheap
3M (NYSE: MMM) reported earnings this week, and the results were mixed. Margins are down, and guidance was weak enough to cause management to announce layoffs. But despite the challenges, this is a company that trades at enough of a value that it could be a good buy-and-hold stock.
*Stock prices used were the end-of-day prices of Jan. 24, 2023. The video was published on Jan. 25, 2023.
Source Fool.com
