MMM - If You Invested $10000 in 3M in 2017 This Is How Much You Would Have Today
The answer to the question in the headline is $7,000. While I appreciate that this is not the usual figure readers might expect from such an article, it's not meant as a criticism. In fact, there's a case for buying 3M (NYSE: MMM) on a valuation basis, but it requires management to get the company back on the right track.
Of course, that's easier said than done, but if the example of its industrial peer Illinois Tool Works (NYSE: ITW) is anything to go by, investors will have plenty of time to monitor events before buying in.
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If You Invested $10,000 in 3M in 2017, This Is How Much You Would Have Today