What's Driving Growth for 3M?
The following video is part of our "Motley Fool Conversations" series, in which industrials editor/analyst Isaac Pino discusses topics across the investing world.
In this edition, Isaac discusses three critical factors that will drive growth for Dow Jones Industrial component 3M. From a macroeconomic perspective, 3M benefits from rising demand during upswings in the broader economy. Outside of Europe, many economies show increased confidence levels, and 3M will benefit from business and consumer spending patterns. Isaac believes international growth will continue to produce a greater proportion of profits and strategic acquisitions will remain a key part of the company's strategy. Watch the video below for further insight into these three trends at 3M.
International expansion remains critical for 3M, but there are other American companies making waves in foreign markets. If the trend continues, investors could be looking at internationally fueled new stock highs. Uncover three additional companies in our special free report: "3 Companies Set to Dominate the World." The report won't be available forever, so we invite you to enjoy a free copy today. You can access it by clicking here. Enjoy, and Fool on!
At the time this article was published Isaac Pino has no positions in the stocks mentioned above. The Motley Fool owns shares of Staples.Motley Fool newsletter services recommend3M and Staples. Try any of our Foolish newsletter servicesfree for 30 days. We Fools may not all hold the same opinions, but we all believe thatconsidering a diverse range of insightsmakes us better investors. The Motley Fool has adisclosure policy.
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