|Day's range||20.17 - 20.25|
3M (MMM) is poised for growth on the back of improving supply chain and cost management actions. The company's efforts to reward its shareholders handsomely add to its appeal.
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3M (MMM) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.