06.02.2025 15:39:05

Here's Why 3M Stock Soared in January (and Has Plenty of Upside Potential in 2025)

3M (NYSE: MMM) soared by an impressive 17.9% in January, according to data provided by S&P Global Market Intelligence. The move comes as the market continues to warm to CEO Bill Brown's plans to rejuvenate the company's long-term growth rate and improve its operational performance.The company's fourth-quarter earnings report, released on Jan. 21, confirmed what many investors already knew about the stock. 3M isn't getting much help from its end markets, but its ongoing restructuring is expanding profit margins, and there's a lot of potential for future improvement.Revenue grew 2.1% on an organic basis in the fourth quarter, and management doesn't expect much better for the full year 2025 with guidance for organic sales growth of 2% to 3%. 3M's end markets remain mixed with weakness in auto builds and consumer discretionary spending, balanced by improving consumer electronics and aerospace end markets. Those conditions will likely continue through 2025, with industrial production expected to grow by 1.9%. Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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3M Co. 147,66 0,61% 3M Co.