2023-03-19 05:01:00 ET
Industrial conglomerate 3M Company (NYSE: MMM) has outperformed the S&P 500 for the vast majority of the past two decades. However, the stock has declined since 2018; growth has slowed, and high-profile lawsuits hang over the company's head.
It's a potential turning point for investors who must decide whether 3M's best days are gone or if the past several years are a temporary bump in a multidecade story of success.
Here is how the stock has fared against the broader market over the years and why the future could be brighter than its recent past.
For further details see:If You Invested $100 in 3M Company In 2000, This Is How Much You Would Have Today