If you had invested: $1,000.00💵
Into MMM on 2024-10-17 📅
You would have made:
$169.32 🤑
Your Annual Rate of Return would be: 16.93% 📈
Total Increase: 16.93%📈
With that much money you could have bought:
0.0006 Lamborghinis
Background
3M Company, located at 3m center, bldg. 220-13e-26a, st paul, mn, us specializes in the surgical & medical instruments & apparatus industry. It is currently listed on the exchange NYSE in the country USA.
The company's last annual earnings report on 2022-09-30 showed that it had reached a market cap of 70,065,701,000 dollars.
If someone had invested $100 in 3M Company 10 years ago, their investment would be worth roughly $72.44 today, according to If You Had Invested
If you had invested...
A companies stock price is a reflection of the company's performance and for MMM, its stock has been on a tear. If you had invested $1,000 in 3M Company 1 year ago and held onto your investment until today (in other words, if you didn't sell any shares), here's what would have happened:
Your investment would now be worth roughly $1169.32 today.
Financials
If you are looking for a company with a good dividend yield then 3M Company has a dividend yield of 0.047 making it a okay dividend company to invest in. If you are going to buy some MMM stock for dividends make sure you buy before 2022-11-17
In terms of growth 3M Company has been on the up and up with a Quarterly earnings growth rate of 1.763. At the same time revenue growth has been sliding down as well with a quarterly revenue growth rate of -0.036
You've probably heard a lot of different things about investing in the stock market. After all, it can be volatile and unpredictable. But that doesn't mean it's not a good place to invest your money. In fact, many people who are experts on this subject will tell you that the stock market has been rewarding for investors over time—and that includes those who invested just one year ago!
The stock market is volatile and not a get rich quick scheme. It’s a long term investment strategy that can help you build wealth and diversify your portfolio.
As 3M Company continues on its journey to become a 10,509,855,150,0.0 dollar company, there is no doubt that the stock will continue to rise. You should watch out for any major announcements about their products or recent earnings. If you wish to invest in the stock market but are not sure where to start, start by signing up on Robinhood
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