3M showed strong organic growth in the third quarter, and it may be back to its old growing ways.
3M (MMM -1.25%) surprised investors when it announced 5.8% organic growth in the third quarter, up from just 2.6% last year. That outstripped General Electric's (GE 0.05%) industrial growth of 3% and DuPont's (DD) non-agriculture growth of 2.3%, showing just how far 3M is ahead of other diversified manufacturers. The question for investors: Will the growth continue?
Erin Miller sat down with Travis Hoium to see why 3M's growth is up, and whether this trend will continue.
Fool contributor Travis Hoium has no position in any stocks mentioned. The Motley Fool recommends 3M. 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.
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