3M Digital Oral Care, a part of
), recently introduced a new version of its True Definition Scanner
that supports faster and easier scanning with superior accuracy for
dentists and orthodontists. However, the announcement of the new
product launch seemed to fail to cheer investors' sentiment and the
share price dropped marginally on Aug 1.
The 3M True Definition Scanner is well suited for most challenging
situations. The scanner is capable of scanning a diagnostic arch in
just 60 seconds and its new design enhances access to the posterior
anatomy of the patient. The quick scan makes it more comfortable
for dentists and patients and offers better clinical care.
The outstanding accuracy leads to reduced seating times with a fit
rate of 99.7%. The product strengthens 3M's efforts in bringing
about digital transformation in oral care. The smallest wand in the
market is likely to improve the overall experience of the user.
3M remains focused on inventing new products and maintaining its
competitive advantage worldwide. The rise in demand for such
innovative 3M product services is likely to augment its overall
3M, together with its subsidiaries, operates as a diversified
technology company with manufacturing operations spread over 70
countries worldwide. It has more than 35 business units organized
into six segments: Consumer and Office, Display and Graphics,
Electro and Communications, Healthcare, Industrial and
Transportation, Safety, Security and Protection Services.
3M currently has a Zacks Rank #3 (Buy). Other stocks that look
promising and are worth a look are
Macquarie Infrastructure Company LLC
Noble Group Ltd.
) carrying a Zacks Rank #1 (Strong Buy) and
Federal Signal Corp
), carrying a Zacks Rank #2 (Buy).
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