The Rising Influence of Rising Affluence

[santafe2]

Even with recent challenges 3M averaged 3.94% earnings growth over the last five years. Low .61% in 2019 and high of 5.76% in 2018. At $140 3M is to my mind well priced considering the ongoing litigation challenges. The markets look troubled after today's fall so we may visit the long term low support of $120 suggested by the 2014 and and 2020 low. Unlikely but that would be a gift.