Previous close | 27.20 |
Open | 27.30 |
Bid | 25.40 |
Ask | 27.35 |
Strike | 135.00 |
Expiry date | 2025-01-17 |
Day's range | 27.20 - 27.54 |
Contract range | N/A |
Volume | |
Open interest | 240 |
There was good and bad in 3M's earnings report, but the long-term investment thesis is still intact.
Raytheon Technologies (NYSE: RTX) and 3M (NYSE: MMM) have been paying dividends for a long time. I will compare the two in this video to determine the better stock to buy to generate passive income. *Stock prices used were the afternoon prices of Jan.
Shares of 3M (NYSE: MMM) took a hit on Tuesday, sliding about 6% following the company's fourth-quarter report. The maker of diversified industrial, consumer, and healthcare products reported lower-than-expected earnings per share and slower-than-anticipated growth as management said that its consumer-facing products saw demand weaken amid a challenging macroeconomic environment. Based on 3M's fourth-quarter update, business performance could prove to be disappointing in the near term.