3M Company (NYSE:MMM)

This classical "innovation company" traditionally gets 30% of its sales from products introduced within the past three or four years. Amazingly, when one checks Office Deport, Office Max and Staples, MMM products seem more entrenched than ever even in competition with house/generic brands. Always a superb manufacturing ( and innovation) company, they seem to have revved up their marketing prowess. (It used to be that they let some products fall off the table in an effort to meet a previous goal of 25% of sales from products"new within 5 years".) Their medical products division is growing faster than anything else.

Blue chip + dividend. Long term hold.

http://www.fool.com/investing/general/2011/12/31/why-did-3m-fall-in-2011.aspx

32% of 3M's sales in 2011 came from products that were introduced in the past five years, and management aims for new inventions to provide 40% of revenues in the long term. CFO Dave Meline says 3M's business model is based on innovation, and I believe in that.

That's why 3M is a stock you could happily hold for the next 10 years or more.

Buyout chatter,,,,,,,,,,,,,,,,,,,,New products!

12/13

good yield, healthy financials,

Solid product mix with a nice yield and ROI. Management could make this a great stock by puting less into stock buybacks and more into the yield.

MMM

Consistent Dividend growth and reliable brand.

Why I bought MMM today:
1) ROE consistently in the 25-35% range
2) Profit margins consistently in the 12-16% range
3) They have a long history of innovation
4) Everyone has post-it notes & scotch tape
5) Their balance sheet is fairly solid (I counted 12B in 'cash or things that could pretty easily turn into cash' vs 15B total liabilities)
6) Their owner earnings have been growing at 11% annually for the last 10 years. (I calculate owner earnings as: OE=Income+D&A-Capital Expenses).
7) They're a great company, at a good price.
8) I calculate their intrinsic value to be 80B, which assumes a 3% growth rate forever, starting from 4.1B owner earnings (2010), with an 8% discount rate. Their current market cap is ~54B.
9) I'm pretty sure this is a company I will still want to own in 10 years
10) Dividend yield of 2.8%, and they have a history of raising dividends.

It's 3M. Think of how many ways 3M products touch your life every day. Multiply that by several billion people and growing. Buy it, hold it; rinse and repeat.

MFG - WW
div=3%
Total Debt / Equity 0.32
Price Earnings 12.50
Price/Sales 1.83
Price/Book 3.02
Price/Cash Flow 9.60

Dividend Aristocrat

high yield - low peg - what more could you want

High dividend yield, great stock at a good price!

Great time to buy since the end of the world began today!

Down 3.6% because Operation Twist wasn't what the market expected. If someone thinks that is a good reason to sell their 3M stock, I'm happy to take advantage of their stupidity.

a great company with outlook to the future. leader and inventor.

if the economy takes of this stock will also, if it don't, atleast there is a dividend, When others are fearfull...