Riainvestment

MMM Long

Viés de alta
NYSE:MMM   3M Company
I have posted a chart for this company few weeks back. MMM to me looks very intersting. Downtrend from 2018 is being broken after a long consolidation. Price just broke out of it today in a market down day. High volume. Trend indicators are showing momentum.
Good company with fundamentals trying to turn around. F/PE not so attractive. But EPS expected to grow next year as we come out of Covid-19. I have not done any big research on its long term fundamentals but technical analysis is calling for a buy. This is a dividend paying stock. So liked by many. This is just an opinion and not a buy or sell recommendation. All posts are for educational purposes only. Please do your own homework before putting your hard earned money on the line.

Aviso legal

As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.