BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Has the Easy Money Been Made with 3M?]]>http://www.bloggingstocks.com/2010/11/22/has-the-easy-money-been-made-with-3m/http://www.bloggingstocks.com/2010/11/22/has-the-easy-money-been-made-with-3m/http://www.bloggingstocks.com/2010/11/22/has-the-easy-money-been-made-with-3m/#commentsFiled under:

If in August, as outlined, you took some profits off the table at/near $90 with 3M Company (MMM), which I first wrote about on April 20, 2009 at a price of $51.97, that proved to be prudent, as 3M's stock has meandered since.

Further, given a probable $100-110 top for 3M during the current economic expansion, at this juncture, I'd also raise the sell/stop loss to $72 from $68.

Also, if you didn't take some profits with MMM in August, now represents a pretty-good second chance.

Continue reading Has the Easy Money Been Made with 3M?

Has the Easy Money Been Made with 3M? originally appeared on BloggingStocks on Mon, 22 Nov 2010 15:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>3M CompanyMMMMon, 22 Nov 2010 15:30:00 EST<![CDATA[3M Company Enjoys a Solid Day]]>http://www.bloggingstocks.com/2010/03/30/3m-company-enjoys-a-solid-day/http://www.bloggingstocks.com/2010/03/30/3m-company-enjoys-a-solid-day/http://www.bloggingstocks.com/2010/03/30/3m-company-enjoys-a-solid-day/#commentsFiled under:

3M Company (MMM) benefited from a comment from brokerage Morgan Stanley. The brokerage house believes that 3M will rally after an optimistic forecast from Danaher (DHR), which operates in many of the same markets as 3M. The broker believes that the stock will enjoy a nice 30-day run thanks to DHR's forecast.

The thing is, if the stock continues the performance it started in early 2009 -- we shouldn't need a brokerage to tell us that the stock will do well during the next 30 days. Shares of 3M have advanced along the double-barreled support of its 10- and 20-month trendlines. The last time the equity finished a week below both of these trendlines was more than a year ago.

Continue reading 3M Company Enjoys a Solid Day

3M Company Enjoys a Solid Day originally appeared on BloggingStocks on Tue, 30 Mar 2010 16:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>3M Companyanalyst commentBlue Chip StocksDanaherDHRDJIADow JonesDow Jones Industrial AverageinthenewsMMMMorgan StanleyTue, 30 Mar 2010 16:40:00 EST<![CDATA[Option Update: United Technologies and 3M volatility flat into EPS]]>http://www.bloggingstocks.com/2008/04/11/option-update-united-technologies-and-3m-volatility-flat-into-e/http://www.bloggingstocks.com/2008/04/11/option-update-united-technologies-and-3m-volatility-flat-into-e/http://www.bloggingstocks.com/2008/04/11/option-update-united-technologies-and-3m-volatility-flat-into-e/#commentsFiled under: ,

United Technologies (NYSE: UTX) is expected to report Q1 EPS on April 17. Deutsche Bank says "UTX remains a high-quality stock, selling at a bargain." UTX April & May option implied volatility of 27 is near its 26-week average according to Track Data, suggesting non-directional risk.

3M Company (NYSE: MMM) is recently trading at $78.71 this morning, below its close of $80.35, after GE lowered 2008 profit guidance. MMM is expected to report Q1 EPS on April 24. MMM May option implied volatility of 27 is near its 26-week average according to Track Data, suggesting non-directional risk.

Options Update is provided by Stock Specialist Paul Foster of theflyonthewall.com.

Option Update: United Technologies and 3M volatility flat into EPS originally appeared on BloggingStocks on Fri, 11 Apr 2008 10:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>3M Company3mCompanyoption implied volatilityOptionImpliedVolatilityFri, 11 Apr 2008 10:40:00 EST<![CDATA[Option Update: 3M Company volatility flat into Merrill downgrade]]>http://www.bloggingstocks.com/2008/03/20/option-update-3m-company-volatility-flat-into-merrill-downgrade/http://www.bloggingstocks.com/2008/03/20/option-update-3m-company-volatility-flat-into-merrill-downgrade/http://www.bloggingstocks.com/2008/03/20/option-update-3m-company-volatility-flat-into-merrill-downgrade/#commentsFiled under: , ,

3M Company (NYSE: MMM) closed at $79.47 Wednesday.

MMM was downgraded to Neutral from Buy at Merrill Lynch.

MMM overall option implied volatility of 26 near its 26-week average according to Track Data, suggesting non-directional risk.

Volatility Index S&P 500 Options-VIX at 29.84 10-day moving average is 28.43

Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com

Option Update: 3M Company volatility flat into Merrill downgrade originally appeared on BloggingStocks on Thu, 20 Mar 2008 08:50:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>3M Company3mCompanyinthenewsmmmoption implied volatilityOptionImpliedVolatilityThu, 20 Mar 2008 08:50:00 EST<![CDATA[Options update: 3M (MMM) volume and volatility up on optical and organic growth concerns]]>http://www.bloggingstocks.com/2007/10/20/options-update-3m-mmm-volume-and-volatility-up-on-optical-and/http://www.bloggingstocks.com/2007/10/20/options-update-3m-mmm-volume-and-volatility-up-on-optical-and/http://www.bloggingstocks.com/2007/10/20/options-update-3m-mmm-volume-and-volatility-up-on-optical-and/#commentsFiled under:

3M Company (NYSE: MMM) fell 8.6% on 10/19/07 to close at $86.62 after indicating increasing optical film competition and weak organic growth. Soleil Securities downgraded MMM to Hold, saying "after a great four-year run, we now believe the high-growth, high margin LCD optical film business has reached maturity much earlier than expected." MMM option volume was heavy on 71,598 contracts. MMM November option implied volatility of 28 is above its 26-week average of 23, according to Track Data, suggesting larger risk.

Daily Options Update is provided by Stock Specialist Paul Foster of theflyonthewall.com.

Options update: 3M (MMM) volume and volatility up on optical and organic growth concerns originally appeared on BloggingStocks on Sat, 20 Oct 2007 14:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>3M Company3mCompanyMMMoptical film organic growthOpticalFilmOrganicGrowthoption implied volatilityOptionImpliedVolatilityprofit growth revenue increaseProfitGrowthRevenueIncreaseSat, 20 Oct 2007 14:40:00 EST<![CDATA[Analyst downgrades 12-8-06: 3M, Tyco downgraded to Neutral, Yum! to Market Perform]]>http://www.bloggingstocks.com/2006/12/08/analyst-downgrades-12-8-06-3m-tyco-downgraded-to-neutral-yum/http://www.bloggingstocks.com/2006/12/08/analyst-downgrades-12-8-06-3m-tyco-downgraded-to-neutral-yum/http://www.bloggingstocks.com/2006/12/08/analyst-downgrades-12-8-06-3m-tyco-downgraded-to-neutral-yum/#commentsFiled under: , ,

MOST NOTEWORTHY: Notable companies downgraded today include Tyco Int'l (TYC), 3M Co (MMM) and Yum! Brands (YUM):

  • Prudential downgraded Tyco International Ltd. (NYSE:TYC) to Underweight from Neutral with a $26 target, expecting catch-up reinvestment to impact near-term value after the first-quarter break-up;
  • 3M Company (NYSE:MMM) was downgraded to Neutral from Overweight with a $84 target at Prudential, as they believe it will take some time for the company to regain its premium valuation as economies in Europe and North America slow;
  • additionally, Wachovia downgraded Yum! Brands Inc. (NYSE:YUM) to Market Perform from Outperform, citing slowing sales momentum in the U.S. as well as the sales impact from the E. coli/Taco Bell outbreak, which could affect sales significantly.

OTHER DOWNGRADES:

  • YRC Worldwide Inc. (NASDAQ:YRCW) was downgraded to Hold from Buy at Stifel Nicolaus and BB&T, and to Neutral from Outperform at Robert Baird; the downgrades reflect the slowing freight-market demand.
  • Integrated Device Technology Inc. (NASDAQ:IDTI) was downgraded to Sell from Source of Funds at ThinkEquity, citing near-term trends, the softer-than-expected outlook for March and expectations for increased competition in AMBs.

Analyst summaries provided by TheFlyOnTheWall.com (subscription required).

Analyst downgrades 12-8-06: 3M, Tyco downgraded to Neutral, Yum! to Market Perform originally appeared on BloggingStocks on Fri, 08 Dec 2006 10:34:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>3m company3mCompanyintegrated devicesIntegratedDevicesmmmtyctycoyrc worldwideYrcWorldwideyum! brandsYum!BrandsFri, 08 Dec 2006 10:34:00 EST