Five-Star Conglomerates: 3Mhttp://www.fool.com/investing/value/2007/06/25/five-star-conglomerates-3m.aspx Rich Duprey
June 25, 2007
Formerly known as Minnesota Mining & Manufacturing, 3M (NYSE: MMM ) is an industrial conglomerate that makes everything from Post-it notepads to pre-op skin prep solutions. This mmm-mmm-mmm-good company has generated a significant following on Motley Fool CAPS, our investor intelligence community.
Despite its storied heritage of product innovation, in recent years 3M hasn't quite produced the eye-popping returns -- or inventions -- for which it's famous. After decades of marching steadily higher, 3M's stock has inched ahead by only 10% over the last two years. It's not easy being a multi-disciplined company, as fellow conglomerates General Electric (NYSE: GE ) and United Technologies (NYSE: UTX ) have discovered. All three lag the market over the past year.
Top-rated CAPS competitor gtowings, who outranks 99.82% of all other players, believes that 3M will succeed through consistency:
And pencils2, another CAPS All-Star with a 99.69% player rating -- all the more remarkable because this investor is just 14 years old! -- has the appropriate long-term outlook when investing in companies that have an earnings miss.