A study of analyst recommendations at the major brokerages shows that 3M Co (Symbol: MMM) is the #14 broker pick, on average, out of the 30 stocks making up the Dow Jones Industrial Average, according to ETF Channel. 3M Co also comes in above the median of analyst picks among the broader S&P 500 index components, claiming the #161 spot out of 500.
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Below is a chart of rank over time:
MMM operates in the Medical Instruments & Supplies sector, among companies like Abbott Laboratories (ABT) which is up about 1.5% today, and Intuitive Surgical Inc (ISRG) trading higher by about 1%. Below is a three month price history chart comparing the stock performance of MMM, versus ABT and ISRG.
MMM is currently trading up about 0.2% midday Tuesday.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
