3M Stock: Buy, Sell, or Hold?
The Motley Fool
FEBRUARY 8, 2024
3M's challenges In a previous article , I discussed the company's outlook for 2024 while outlining management's poor track record of meeting sales guidance. CFO Monish Patolawala noted in earnings calls that "volume gives us the best leverage." By leverage, he means the ability to grow margins as sales increase.
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