Start Off 2022 Right: This Dividend King Is a Buy
Rampant inflation and supply chain problems are hitting the global economy, and many companies are struggling, including industrial conglomerate 3M (NYSE: MMM). Investors have punished the stock, which has been down more than 10% over the past six months, while many nontech stocks continue rallying.
This could present an opportunity for long-term investors to look beyond the short-term challenges and see the strong business fundamentals underneath. Here's why 3M is struggling, as well as why investors might want to consider buying instead of selling.
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Source Fool.com
