3M (NYSE: MMM) has been on a downward trend for years, but the stock looks like a good value with a low price-to-earnings multiple and solid dividend. But Travis Hoium covers why there's reason to worry long-term.
*Stock prices used were end-of-day prices of Aug. 31, 2023. The video was published on Sept. 3, 2023.
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Travis Hoium has no position in any of the stocks mentioned. The Motley Fool recommends 3M. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
