Based on the aggregated intelligence of 180,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, diversified technology company 3M
With that in mind, let's take a closer look at 3M's business and see what CAPS investors are saying about the stock right now.
3M facts
| Headquarters (Founded) | St. Paul, Minn. (1902) |
| Market Cap | $59.6 billion |
| Industry | Industrial conglomerates |
| Trailing-12-Month Revenue | $29.2 billion |
| Management | Chairman/CEO George Buckley CFO David Meline |
| Return on Equity (Average, Past 3 Years) | 25.9% |
| Cash/Debt | $4.9 billion / $6.2 billion |
| Dividend Yield | 2.6% |
| Competitors |
Avery Dennison DuPont Johnson & Johnson |
Sources: S&P Capital IQ and Motley Fool CAPS.
On CAPS, 97% of the 4,473 members who have rated 3M believe the stock will outperform the S&P 500 going forward.
Just last week, one of those bulls, fellow Fool Anders Bylund (TMFZahrim), highlighted the stock as a solid long-term selection:
32% of 3M's sales in 2011 came from products that were introduced in the past five years, and management aims for new inventions to provide 40% of revenues in the long term. CFO Dave Meline says 3M's business model is based on innovation, and I believe in that.
That's why 3M is a stock you could happily hold for the next 10 years or more.
What do you think about 3M, or any other stock for that matter? If you want to retire rich, you need to put together the best portfolio you can. Owning exceptional stocks is a surefire way to secure your financial future, and on Motley Fool CAPS, thousands of investors are working every day to find them. CAPS is 100% free, so get started!
Want to see how well (or not so well) the stocks in this series are performing? Follow the new TrackPoisedTo CAPS account.
