Guys, let's look at the statistics they sent out this past month for their yearly report for 2013. Look at their diluted EPS for 2013. 6.72. Think about this. Many other stocks have MUCH higher Diluted EPSs, nearing the 30-40 mark, and those stocks are priced usually at what they are worth. If you don't know what the significance of the EPS is, look it up. You'll know exactly why an EPS of 6.72 is AMAZING. With an EPS this low, this company's stock prices are SEVERELY UNDERVALUED!!!! If this stock was correctly valued, it would be much higher than right now! This means this stock is a VERY strong buy right now. Why do you think 3M's stock is rising at an amazing rate? That's because people are catching onto how UNDERVALUED this STOCK REALLY IS!!! So for right now, buy quick as 3M will surely shoot off maybe even another 25% in the next 6 months. If you really want to see how good 3M is doing, look at the statistics: http://phx.corporate-ir.net/phoenix.zhtml?c=80574&p=irol-fundsnapshot
and look at the price graph of 3M. It will continually rise more and more. This is truly my opinion.
Sentiment: Strong Buy
Billing the Lumbering Also-Ran Conglomerate As "DuPont, The World's Leading Science Company"
THE WEAK IN REVIEW
Good Evening, Bonsoir, Guten Abend,
Readers, DuPont Execs and their PR con artists have begun highlighting their Press Releases and news announcements with the comical description, "DuPont, The World's Leading Science Company..." What hype, what hokum! Really now, would a real "leading science company", tops in the world,...
* Have ineptly developed and dishonestly delivered the biggest, most costly new product failure and ensuing environmental disaster in 21st century corporate America...the multi-$billion consumer fraud, namely tree-killing DuPont Imprelis, a dandelion treatment, so "eco-SAFE" for your lawn?
* Have tried to steal a $billion in advanced patented-protected seed biotechnology, use it and refuse to pay for is? And end up after trial, paying Monsanto hundreds of $millions every year in license fees to plunk Monsanto's superior GM traits into DuPont Pioneer's otherwise inferior seed line-ups? Does that sound like "The World's Leading Science Company" to you?
* Lag the biggest producers in advanced ag chemical technology, Syngenta and Bayer?
* Play second fiddle via its carved up and bureaucratically subsumed Danisco to true world leader in enzymes and food ingredients, Novozymes?
Hopefully, AnnaMaria DeSalva from Pfizer, who joins DuPont today, March 1, 2014, as head of Public Relations will bring some long needed integrity and transparency to DuPont communications. Right now, people laugh at the gross exaggerations and phony puffing, the blatant FALSE ADVERTISING dished out by the arrogant leadership of this much diminished Company.
Merely THE WEAK IN REVIEW, digitally penned by one individual retail investor...funfun..
"Yes, whatever you want. Sure, I'll maintain this bad policy. I just want this job. I'll say and do whatever you want. I'll be your puppet. I have no mind of my own. I repeat: I'll be your puppet - I have no mind of my own."
Disgusting if that's the way it is. Sure looks it.
How about solving the real issues such as the 20% real unemployment rate instead of just saying it's going to be a 'long time" before that gets any better!
Hey Janet, get a mind of your own - you're in charge now (or are you???).
Whether you have 1 piece of paper worth $135 or 2 pieces worth $67.59 each, you still have $135. Splits were much more popular when a majority of stock was owned by individuals. When 75 - 80% of stock is owned by institutions there is little incentive for a split. CL split there stock because they want more individuals who will also buy their products. They even mentioned that because I own the stock. On the other hand MMM has very few consumer products as a percent of total Revenues.
digital_sleeper, thanks for the insight. It's a terrific company. Long and strong and I've never sold a share. I do think the success and pub of companies like Google/Amazon/Apple and their stock prices have impacted the thinking of consumer goods/staples companies. I know the CEO of Kimberly-Clark does not like splits. I'm thinking JNJ may consider a split once it tops $100 and stays there for a few months.
Stocks that split typically stall or pull back for a period of time, leaving the yield to increase (see CL and KO). I'm hopeful that'll be the same here with MMM. I'll back the truck up and load up if the yield pushes over the 2.8% mark.
I have worked for this company (MMM) for 21 plus years and have gone through 2 stock splits with them. I to would like to see another as I am heavily invested in retirement and ESPP. I am seeing a trend among companies now that I haven’t really seen or may not have paid attention to before. That is it seems corporations like to see the individual share prices go higher and higher without the mechanics of a stock split. (see appl, goog etc..) Maybe a higher share price would reduce volatility?? I don’t know. We will see what happens...
Sentiment: Strong Buy
Guess 3M has sold this business, but it never seemed to relate to the 3M Business Core in the first place.
Must have been some VP's boondoggle a number of years ago!!!!!!!!!!
HD beat the estimate by 2 cents and beat every quarter this year. There guidance is basically in line with the analyst's estimates and analyst's have increase 2015 estimates. They raised the dividend 21% and are buying back $5 billion in stock.