Why You Should Buy This Undervalued Stock Before Everyone Else Does
A common theme among value-oriented investors is that you have to buy when others are fearful. That is exactly the situation today with 3M (NYSE: MMM), which has seen its stock trend largely lower since 2018. If you have the stomach to take a contrarian stance, however, now could be a great time to add this stock to your portfolio.
There are some pretty positive things about 3M that make it an attractive investment. For example, the dividend has been increased for over six decades, making it a highly elite Dividend King. You don't build a record like that by accident or without surviving some adversity along the way. Historically speaking, the over-100-year-old company has proven it can muddle through hard times.
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Source Fool.com
