5 Best Manufacturing Stocks to Invest In

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In this article, we take a look at the 5 best manufacturing stocks to invest in. If you want to see our detailed analysis of the growth and returns of these stocks, you can head on to 11 Best Manufacturing Stocks to Invest In.

5. 3M Company (NYSE:MMM)

Number of Hedge Fund Holders: 46

3M Company (NYSE:MMM) develops, manufactures, and markets various products worldwide. It operates through four primary segments: Safety and Industrial, Transportation and Electronics, Health Care, and Consumer. This November, 3M Company (NYSE:MMM) announced its collaboration with Mobileye, a subsidiary of Intel Corporation (NASDAQ:INTC), to make advancements in road safety by delivering a crowdsourced infrastructure asset data to transportation agencies through the 3M Roadway Safety Asset Manager platform.

On October 11th, Langenberg analyst Brian Langenberg upgraded 3M Company (NYSE:MMM) to Buy from Hold and reiterated his price target of $210.

By the end of the third quarter of 2021, Insider Monkey identified 3M Company (NYSE:MMM) to be a part of 46 hedge fund portfolios. The total stakes of these hedge funds in the company were more than $1.62 billion, up from $1.58 billion in the previous quarter with 42 positions.

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