3M Company is a Tempting Buy

3M Company (NYSE:MMM) is down to $47.60, just 40 Cents away from touching a new 52-week low and with diversity in their product line and a 4.29% dividend yield, hello 3M.

Que Jim Woods --In this tough economic environment, why not choose a company with as many solid revenue-generating divisions as possible?

And when it comes to having many sources of revenue, you can find no better example than 3M (NYSE: MMM). The diversified giant has its hands in so many market segments that the company is somewhat difficult to classify.

Industrial and retail products such as tape are its bread and butter, but it also makes products like filtration systems; products used in the manufacture, repair and maintenance of automobiles, boats and aircraft; medical and surgical supplies; optical film and lens solutions for electronic displays; office supply products; construction and home improvement products; home care devices ;and even personal protection products.

It's hard to live life without using a 3M product, and it's this kind of product ubiquity that makes 3M the kind of stock that always attracts investment capital.
 

SOURCE: http://www.bloggingstocks.com/2009/02/14/hold-10-stocks-to-fall-in-love-with-again-9-3m-mmm/