What 3M's Earnings Mean for You
Today, 3M (NYS: MMM) reported earnings of $1.65 per share, up about 9% year over year as a result of its reduced share count, higher operating margins, and reduced SG&A expenses. The company emphasizes that even with the difficult economy, it will continue to invest overseas for big future growth. Fool.com analyst Blake Bos encourages investors to look into "Drip Plans" with companies such as 3M, General Electric (NYS: GE) , Du Pont (NYS: DD) , and Tyco (NYS: TYC) , because of their large dividend payouts.
For GE, the recent financial crisis struck a blow, but management took advantage of the market's dip to make strategic bets in energy. If you're a GE investor, you need to understand how these bets could drive this company to become the world's infrastructure leader. At the same time, you need to be aware of the threats to GE's portfolio. To help, we're offering comprehensive coverage for investors in a premium report on General Electric, in which our industrials analyst breaks down GE's multiple businesses. You'll find reasons to buy or sell GE, and you'll receive continuing updates as major events unfold during the year. To get started, click here now.
The article What 3M's Earnings Mean for You originally appeared on Fool.com.Blake Bos has no positions in the stocks mentioned above. Isaac Pino and The Motley Fool own shares of General Electric. Motley Fool newsletter services recommend 3M. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.