3 - M Company (NYSE:MMM) -- Semi-Monthly Update
3 - M is what I call a "Power Leader" for the Dow 30 Industrials. The current rally is showing increased strength and that, while it is in process is great, it usually leads to a pull-back. There is no sign for (MMM) Topping.
My previous articles on MMM ( just click) will provide you with the exact history of my Forecasting accuracy.
My Performance for 3 - M can be found below and is about 34% per year for the last 5 years. That's per year without dividends.
My weekly study of all my High Profile Industry / Diversified Industries is complete and there is not much support for notably higher prices in the making. I enjoy this analysis because Companies like (MMM) Class.
My objective is to identify changing trends for my Forecasting Analytics. Simple stated, I want to have current notes to quickly refer to on the anticipated direction of this Sector and Industry Group.
A Special Note for Seniors & Retired Investors - Dividend Yield: 2.50%
I believe you folks deserve much better service and investment direction and guidance that either Wall Street or the Brokerage Community is / has been providing. Being a retired Asset Manager / Financial Analyst is a joy for me to assist you and meet your investment - needs, goals and objective. Peace of Mind for you is my mission. Let me know when I can offer you support. Perhaps reading my support article will be of interest. Just Click - - > http://seekingalpha.com/instablog/121308-steven-bauer/2101922-income-investing-seniors-retirees-and-conservative-investors-deserve-better-service-as-well-as-profitable-direction-and-guidance
This week's Commentary on - 3 - M Company (MMM) - covers all of my Indicators, both Fundamentally for Valuations and Technically for Momentum. There is much to cover to provide my best possible Forecast and Opinion.
Income and Growth Investors
My Mission is to provide guidance and direction for conservatively providing consistent annual and superior profitable results for each Formal Recommendation I make to my Clients.
Note: The Difference Between You and the Pros: Clearly you should be profitable and making money by owning 3 - M. Via my Emails, I have found that many Investors are struggling with other securities they are holding. I have offered direction to hundreds of Investors and can share with you why you are perhaps holding losing securities and provide a conservative and low risk remedy.
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Forecast & Opinion from my Study / Analytics:
3 - M Company and other Industrial Sector Companies are tracking well. (MMM) is in a Power Rally and doing what I have expected. The Company has supported my Forecasts for many years, so be prudent and careful at this time.
Forecast w/ Performance:
3 - M Company (MMM)
Forecasted Bullish "Alerts"
Ascending - AND - I am mpressed.
My Forecast for 3 - M in March of 2009 @ $51 remains in place with a profit of 169%.
It, strong -- both Fundamental and Technically but quite Over-Bought.
Forecast Bullish "Alert" -- Initiated:
March, 2009 @ $51.00
Performance to Date: +169%
Click on the Green Arrow to read my Archive of my most recent and past Articles, on 3 - M - - including my on going Forecasts and Opinions.
Accurate and Profitable Forecasting when coupled with Appropriate Highly Selective Recommendations can be performed on any security on the planet, even the ones in your portfolio and giants like 3 - M Company.
Thanks for your interest in my Forecasts - work / analytics . . .
My Current Forecast is bright but I am a Cautious and Conservative Asset Manager! (I will be more specific upon request).
If you own or are considering owning Diversified Industry Companies, the securities are currently doing well.
My Current Opinion is to HOLD in anticipation of taking profits.
Fundamentally - ( weighting - - 40% ): My Analytics for my Fundamental - Valuation play a vital role in profitable managing money. At this time my Valuations of (MMM) are not as positive at perhaps you are being told by other sources. Plainly stated they are looking anemic again. This does not make for a positive fundamental valuation of any Company for a long-term Hold.
Technically - ( weighting - - 35%): Even with this fine Company, my Indicators are hanging in there quite well. It is on its highs of $137. The current rally (August 2011 to Date) is getting quite long in tooth.
Consensus Opinion - ( weighting - - 25% ): My third pillar of Research is one that is ALWAYS distorted to the Positive by most all financial analysts. That's because they are afraid of being Bearish. I Am NOT! My articles on "Reality" are supportive of the below 20 year Chart.
I will personally and promptly reply to any serious investor's inquiry as to my very cautious position for (MMM) !
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A Twenty Year Perspective of 3 - M Company (MMM)
It has NOT always been like you are being told by so many who do not take the time to Invest Wisely. 3 - M Company (MMM) has taken some big hits over the years. Have a look.
URL for (20-years of -(MMM):
"Selectivity" is what I preach (along with Discipline and Patience) and is what separates the Average Investor and Mutual Funds from the profits that come with long-hours / hard work and "Selectivity."
Here are a number of the Component Companies / Peers in the Diversified Industries Industry Group that I focus on rather frequently: MMM, GE, TYC, ETN, HON, SI, CSL. And, a few more . . .
For a Daily Input and Deeper View of my Work / Analytics you might want to Click, and scroll down to my "Thumb-Nail" articles:
Personal Blog. I post every day. Just Click - - > http://investingwisely-rotation.blogspot.mx/?spref=tw
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Should you wish to read my latest article on the following Companies and ETFs - - Just Click on the Symbol. You will be taken (Linked) to my most current article as well at my last 20 articles on that Company or ETF. (It is an excellent way to gain insight into the accuracy of my Forecasts and Opinions).
I hope you will find my "stuff" very well worth your Time and very Accurate.
Thanks. . .
Smile, Have Fun, "Investing Wisely,"