3M Company (MMM)

Should GE’s plastic unit change hands many of 3M’s specialized plastic products will have an opportunity to capture share from a reorganizing competitor. Regardless, the firms is well positioned to take advantage of global opportunities, capitalize on a softening US dollar and a potential flight to quality should the market consolidate.

I decided to create a portfolio with only products or services that I use without regard to price/value in order to compare with my own personal port

talking frog told me so

3M has long been a leader in the market and ocntinues to show that as time proceeds.

if it doesn't management will be changed

Well managed $25bn revenue business growing slowly, but steadily. Highly diversified portfolio of industrial and consumer products, numbering in the thousands. 12x earnings multiple and < 2x revenue with a 3% dividend yield.

Traditionally flexible, smart management (see Tom Peters).

Widely recognized brand names on a global scale.

Relatively low P/E and excellent balance sheets. Don't be fooled by the 52-week range; MMM will keep going up.

Scotch®, Post-it®, Scotchgard™, Thinsulate™, Scotch-Brite®, Filtrete™ for starters, I don't know HOW they keep going for years like this, maybe its like hot dogs, we dont want or need to know how they do it, so long as they continue!!!

At one time a hundered dollar per share stock, outsourcing and cheaper labor costs from competitors have hurt its success, look for this stock to return to its former greatness over 2007

From todays start price of $74.32 to my twelve month target price of $89.00 is a 19.75% gain.

Any drop in price is a buying opportunity,

MMM, will in my opinion, beat the S&P 500 twelve price month performance.

Conservative picks in case the market stays down.

MMM is well-diversified and international in scope. MMM is steady, reliable and inexpensive in today's market.

Greedy when others are fearful (though I should probably be more patient - right now is like catching falling knives)

Bear rally on the rise, try to sell something, buy on the dips

Baby Boomers want a safe place for their money that will generate income. MMM

This is the ultimate mining company. Plus they have their hands in other industries as well.

MMM has an ossified command and control structure. there aren't any new ideas or products here.

I have always liked this stock, but it was always too rich for me. Will be solid in any environment and has a good dividend.

3M is a divisifed manufactured company with a history of consistent earnings and a strong management team. The market overreacted to the Company's most recent quarterly earnings and have pushed the price of the steady beheamouth too low. Although the stock has already rebounded significantly, it is still relatively cheap to the market and rewards shareholders with a strong dividend yield of approximately 2.5%. Furthermore, 3M will be a direct beneficiary from a continuing falling dollar as the company generates over 60% of its revenues outside of the United States.