Is 3M Co (MMM) Destined for Greatness?

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3M Co (NYSE:MMM) has quietly developed some world-beating RFID technology, which could give the company a leg up in the nascent Internet of Things — or at least provide it with a new avenue of growth in connected warehouses and shopping centers. Another of 3M’s innovative new products is an LED light bulb with a 25-year lifespan. These two products aren’t enough on their own to push 3M into the future, so the company has also committed between $1 billion and $2 billion per year for mergers and acquisitions to boost-up organic revenue.

Putting the pieces together
Today, 3M Co (NYSE:MMM) has some of the qualities that make up a great stock, but no stock is truly perfect. Digging deeper can help you uncover the answers you need to make a great buy — or to stay away from a stock that’s going nowhere.

The article Is 3M Destined for Greatness? originally appeared on Fool.com.

Fool contributor Alex Planes has no position in any stocks mentioned. The Motley Fool recommends 3M.

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