A study of analyst recommendations at the major brokerages shows that 3M Co (Symbol: MMM) is the #16 broker pick, on average, out of the 30 stocks making up the Dow Jones Industrial Average, according to ETF Channel. Despite being ranked lower than the median among analyst picks of the Dow, 3M Co ranks better than the median among analyst picks for the broader S&P 500 index components, claiming the #175 spot out of 500.
Below is a chart of rank over time:
MMM operates in the Medical Instruments & Supplies sector, among companies like Abbott Laboratories (ABT) which is up about 1.9% today, and Intuitive Surgical Inc (ISRG) trading higher by about 2.1%. Below is a three month price history chart comparing the stock performance of MMM, versus ABT and ISRG.
MMM is currently trading up about 0.5% midday Tuesday.
The Top 15 Broker Darlings of the Dow: Current Top Analyst Picks »
Further MMM Research:
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