3M is a great business and we can't argue much about it. However, when it comes to 3M stock MMM, it depends on you whether it is a stock to buy or a stock to watch. We are talking about the valuation the stock market will give the company. 3M's revenues and profits are extremely stable compared to others, it has a wide moat and the stock will probably continue to deliver good returns to shareholders over the coming decades. Depending on valuation, it is a stock to buy or just to watch.

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