3M (NYSE:MMM) has used research and development to expand its reach into consumer goods, industrials, energy, and other markets. As the company searches for more organic growth there are many opportunities arising. Motley Fool contributor Travis Hoium covers three areas in the video below that he thinks are huge opportunities, including renewable energy, a business in which 3M has struggled to gain traction. 

Fool contributor Travis Hoium has no position in any stocks mentioned. The Motley Fool recommends 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.