Jason Bellier @neostonks 1M 3M $MMM-0.2% announced it will return $10 billion to shareholders by 2027! 3M MMM $130.2 -$0.30 -0.23% Market Cap 70B P/E 16.96 Div. Yield 2.17% EV 78B P/S 2.64 Payout 47.50% ChartMetrics 1D5D1M6MYTD1Y5YMAX [fontWeight: 500][/] [#344054 fontSize: 12px][/] Anyone here still holding MMM stock or have you sold in recent months and years due to lawsuits? 5 Share
I had the stock in my portfolio for a while, but then I sold it because of the litigation. The stock has gone up nicely since then, but I guess I'm glad I got rid of it.
It's a good defensive stock for diversification, but that valuation is currently very high.
The lawsuits are not good, but the stock is still rising pretty solidly. I have bought a few shares and still hold.