3M (MMM)
Definition
3M (MMM) is a diversified global corporation known for its innovative products across multiple industries including healthcare, consumer goods, and industrial applications. It is publicly traded on the NYSE under the ticker symbol MMM and is often analyzed for its performance in financial markets.
5 Must Know Facts For Your Next Test
- 3M's stock performance can be used to study risk and return characteristics of an individual asset.
- The company has a long history of consistent dividend payments, making it attractive for income-focused investors.
- 3M operates in over 70 countries, which adds a layer of geopolitical risk to its stock.
- It is part of the Dow Jones Industrial Average (DJIA), influencing market indices.
- Analysts often consider 3M's innovation pipeline as a key factor in its future growth prospects.
Review Questions
- How does 3M's diversified product portfolio impact its risk profile?
- Why might an investor be attracted to 3M's stock based on its dividend history?
- What role does 3M play within the Dow Jones Industrial Average?
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Related terms
DividendYield: A financial ratio that shows how much a company pays out in dividends each year relative to its stock price.
GeopoliticalRisk: The potential for financial loss due to political instability or changes in government policies affecting global operations.
DowJonesIndustrialAverageDJIA: A stock market index that indicates the performance of 30 large, publicly-owned companies based in the United States.
