3M Company Rises 29.8% in 6 Months: What Should Investors Do?

The article from MSN Money discusses the recent performance of 3M Company, noting that its stock has risen by 29.8% over the past six months. This surge comes amidst various challenges including legal battles over PFAS contamination and earplug lawsuits, as well as a significant restructuring plan announced by 3M. The company has been focusing on reducing costs, improving supply chain efficiency, and exiting less profitable markets. Despite these efforts, 3M's future remains uncertain due to ongoing litigation and potential financial liabilities. The article suggests that while the stock has shown strong recovery, investors should consider the company's legal risks, its ability to manage costs, and the potential impact of these factors on future earnings before making investment decisions. It also mentions that 3M has been working on innovation and portfolio optimization to drive growth, but the long-term effects of these strategies are yet to be fully realized.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/topstocks/3m-company-rises-29-8-in-6-months-what-should-investors-do/ar-AA1vBUHp ]