MMM - Josh Brown Sees A Breakout Brewing In 3M Stock: Why He's The 'Most Excited' He's Been In 25 Years | Benzinga
Ritholtz Wealth Management’s Josh Brown is putting money to work outside of tech as he anticipates money rolling into other areas of the market. He’s identified an industrials stock that he says looks more attractive than it has at any point over the last 25 years.
What To Know: Tuesday on CNBC’s “Fast Money Halftime Report,” Brown announced that he bought shares of 3M Company (NYSE:MMM).
“When I see a technical setup like this, I get excited … this is the most excited I’ve been about 3M in the 25 years since I passed my Series 7, ” Brown said.
3M shares have been in a downtrend in recent years, but the stock has started to show signs of life with two significant moves higher since the start of ...