Advertisement
Canada markets open in 9 hours 12 minutes

  • S&P/TSX

    21,708.44
    +52.39 (+0.24%)
     

  • S&P 500

    5,011.12
    -11.09 (-0.22%)
     

  • DOW

    37,775.38
    +22.07 (+0.06%)
     

  • CAD/USD

    0.7259
    -0.0004 (-0.06%)
     

  • CRUDE OIL

    84.85
    +2.12 (+2.56%)
     

  • Bitcoin CAD

    85,931.59
    +676.64 (+0.79%)
     

  • CMC Crypto 200

    1,277.40
    +391.86 (+42.61%)
     

  • GOLD FUTURES

    2,401.50
    +3.50 (+0.15%)
     

  • RUSSELL 2000

    1,942.96
    -4.99 (-0.26%)
     

  • 10-Yr Bond

    4.6470
    +0.0620 (+1.35%)
     

  • NASDAQ futures

    17,337.75
    -209.50 (-1.19%)
     

  • VOLATILITY

    18.00
    -0.21 (-1.15%)
     

  • FTSE

    7,877.05
    +29.06 (+0.37%)
     

  • NIKKEI 225

    37,117.94
    -961.76 (-2.53%)
     

  • CAD/EUR

    0.6821
    0.0000 (0.00%)
     

3M Company (MMM) Catches Eye: Stock Jumps 5.9%

Zacks Equity Research
Updated

3M Company MMM was a big mover last session, as the company saw its shares rise nearly 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company—as the stock is now up 11.3% in the past one-month time frame.

The move came after the company reported better-than-expected third-quarter 2017 results.

The company has seen three positive estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved higher over the past few weeks, suggesting that more solid trading could be ahead for 3M Company. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.

3M Company currently has a Zacks Rank #2 (Buy) while its Earnings ESP is negative.  

3M Company Price

3M Company Price | 3M Company Quote

ADVERTISEMENT

Another stock worth considering in the Diversified Operations industry is Macquarie Infrastructure Company MIC which carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Is MMM going up? Or down? Predict to see what others think: Up or Down

Zacks' Hidden Trades

While we share many recommendations and ideas with the public, certain moves are hidden from everyone but selected members of our portfolio services. Would you like to peek behind the curtain today and view them?

Starting now, for the next month, I invite you to follow all Zacks' private buys and sells in real time from value to momentum...from stocks under $10 to ETF to option movers...from insider trades to companies that are about to report positive earnings surprises (we've called them with 80%+ accuracy). You can even look inside portfolios so exclusive that they are normally closed to new investors.

Click here for Zacks' secret trade>>


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
3M Company (MMM) : Free Stock Analysis Report
 
Macquarie Infrastructure Company (MIC) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research