3M Stock Plummets on Disappointing 2024 Guidance
TL;DR Summary
3M's stock is down 9.5% after beating Q4 earnings but providing a weak 2024 outlook, reflecting ongoing operational issues and legal challenges. The company's restructuring efforts and healthcare spinoff may offer potential upside, but uncertainties persist, making it a cautious investment. The Motley Fool's Stock Advisor team did not include 3M in their top 10 stock picks, emphasizing the need for careful consideration before investing.
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