BATS:MMM   3M COMPANY
124 views
3
124 2
Notes on chart
3M’s beta is 1.1, making the stock 10% more volatile than the market. The company’s stock price is up 108.6% over the last five year span. S&P 500 is up 106.9% for the same period, while XLI, an industrials ETF, has risen 123.3%. 3M’s earnings are positively correlated to the US GDP by a factor of 0.88. Current forecasts for the US GDP growth are between 2-3% through 2016. Growth in GDP, even at a moderate pace, would translate to higher earnings for the company, as corporate profits rise with companies restocking their inventories with products manufactured by /1c6ESLu#
Reply
i think we are overerbaught on this one , Volume squeezing out , and price peaked a very accute up channel

Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out