12 Most Profitable S&P 500 Stocks to Invest In

6. 3M Company (NYSE:MMM)

On June 23, 2026, 3M Company (NYSE:MMM) and Airbus signed a long-term supply agreement for the Airbus A220. Under the agreement, 3M will provide thermal and acoustic insulation solutions for the aircraft cabin. The thermal materials are intended to improve operational performance, while the acoustic insulation will be used throughout the cabin to absorb and reduce engine and airframe noise.

On June 15, Goldman Sachs reinstated coverage of 3M with a Buy rating and a $190 price target, implying 20% upside. Goldman Sachs called 3M an “intriguing self-help story,” citing improving organic growth and potential upside from liability resolution. The firm also said the shares trade at an inexpensive valuation and viewed 3M as one of the more visible self-help opportunities in the multi-industry group.

On June 10, 3M CEO Bill Brown said at the Wells Fargo Industrials and Materials Conference that orders and backlog were converting to revenue. Brown said 3M would be “solidly above 3% in Q2,” adding that the company was confident given how far it was into the quarter. Brown also cited “good progress in Q1” across about 60% of the portfolio, with general industrial or safety up mid-single digits. Brown said orders remained solid, backlog had increased further, and the quarter was “looking good,” with momentum building into the second half of the year.

3M Company (NYSE:MMM) provides diversified technology services in America, the Asia Pacific, Europe, the Middle East, Africa, and internationally.

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