The following video is part of our "Motley Fool Conversations" series, in which consumer goods editor and analyst Austin Smith discusses topics across the investing world.
In today's edition, Austin discusses a classic Dow stock, 3M. Austin loves 3M for a variety of reasons, and outlines a few things all investors should watch if they're thinking about either investing in this company or adding it to their watchlist. The company's new CEO, Inge Thulin, is expected to make a bigger push overseas than his predecessor, and that's a good thing. 3M is fortunate enough to earn higher margins in international markets than it does here. Austin expects that with 50,000 products and a culture of innovation, 3M will continue delivering for the long haul.
Of course, one of the best reasons to own 3M is its rock-solid dividend. As good as it is, though, it didn't qualify for our ranking of 9 Rock-Solid Dividends. You can learn about those companies that did make the grade by clicking here now.
Austin Smith has no positions in the stocks mentioned above. The Motley Fool has no positions in the stocks mentioned above. Motley Fool newsletter services recommend 3M. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
More from The Motley Fool
3 Dividend Stocks That Should Pay You the Rest of Your Life
These stable dividend stocks will keep your retirement income humming along.
Dow 25,000: Chalk It Up to These 4 Stocks
It only took a few companies to do the lion's share of the work to move the Dow higher by 5,000 points in less than a year.
3 No-Brainer Stocks to Buy in the Industrials Sector for 2018
These three red-hot industrial stocks look poised to run even higher in 2018.