Have a nice Sunday,
this week I bought $MMM and finally $DIS? Do you have anything interesting in your sights right now that would be worth watching in the coming week and overbought or, conversely, avoiding the arc?
Părerea personală a unui membru al comunității, nu o recomandare de investiții. Regulile comunității
YE
Can someone share what your investment thesis is for 3M? There has been virtually no EPS growth in the last 5y and none is expected. Margins are falling, they are not raising dividends, they are facing large fines due to lawsuits that can drag on for years especially in the case of plastics.
NG
Clearly, much of the EPS stagnation at 3M in recent years has been due to the strong dollar, rising costs, high investment and slower organic growth caused by the slowdown in some end markets. 3M management's specific comments clearly confirm this, so it's a matter of time before this beleaguered company picks up again.
Lawsuits are not pleasant, but there's also a tiny chance that it won't be that bad and the fines won't be that bad either. So the thesis is that the lawsuit will go away and thus the uncertainties surrounding it will go away, the fine will be determined, the stock will strengthen again.
