3M (MMM) Offering Possible 19.05% Return Over the Next 28 Calendar Days

3M's most recent trend suggests a bullish bias. One trading opportunity on 3M is a Bull Put Spread using a strike $200.00 short put and a strike $195.00 long put offers a potential 19.05% return on risk over the next 28 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $200.00 by expiration. The full premium credit of $0.80 would be kept by the premium seller. The risk of $4.20 would be incurred if the stock dropped below the $195.00 long put strike price.

The 5-day moving average is moving up which suggests that the short-term momentum for 3M is bullish and the probability of a rise in share price is higher if the stock starts trending.

The 20-day moving average is moving up which suggests that the medium-term momentum for 3M is bullish.

The RSI indicator is at 46.91 level which suggests that the stock is neither overbought nor oversold at this time.

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LATEST NEWS for 3M

3M Files Additional Lawsuit to Enforce Its Patent Rights in Metal Mesh Conductor Technology Used in Touch Screens
Mon, 20 Aug 2018 18:50:00 +0000
3M and 3M Innovative Properties Co. filed a patent infringement lawsuit today in federal district court in Las Vegas, Nev., against South Korea-based Tovis Co. Ltd. and its subsidiary Tovis North America, and Scientific Games Corporation.

3M’s Quarterly Dividend and Board of Directors Update
Mon, 20 Aug 2018 15:07:08 +0000
On August 14, 3M (MMM) announced its latest quarterly dividend. The dividend will be paid to shareholders on the company’s outstanding shares. 3M declared a dividend of $1.36 per share. To be eligible for the dividend, investors should hold 3M shares as of the close on August 24. The dividend is expected to be paid on September 12.

10 Dividend Aristocrats You Never Have to Worry About
Fri, 17 Aug 2018 19:38:45 +0000
The fact of the matter is, however, for many investors the bulk of their total investing profits reaped for the long haul will come from dividends… even dividends that are reinvested in the companies paying them. With that as the backdrop, here’s a rundown of the market’s highest-quality dividend stocks … dividend payers that could be considered the aristocrats among the market’s income-oriented investments.

3M to pay $9.1 mln over defective military ear plugs
Fri, 17 Aug 2018 15:10:44 +0000
The 3M Co. has agreed to pay $9.1 million to settle allegations it knowingly sold defective combat ear plugs to the U.S. military without disclosing defects that limited the effectiveness of the hearing protection devices, the U.S. Justice Department said on Thursday. A settlement frees 3M from the inconvenience of a long investigation and litigation, it said. The 3M payment settles allegations that 3M and its predecessor, Aearo Technologies Inc., knew the ear plugs it sold the military were too short for proper insertion into the users' ears and could loosen and not perform effectively in some people, the Justice Department said.

3M Transforms Main Headquarters to Inspire Curiosity and Wonder
Thu, 16 Aug 2018 13:35:00 +0000
3M’s commitment to harnessing the power of curiosity and wonder is made visible today by the completion of a major design installation at their headquarters building in St. Paul, Minn. Global science company 3M has wrapped its main headquarters building to encourage people to pursue their own sense of curiosity that can lead to discovery and problem solving. The Wonder campaign seeks to inspire people to examine the world around them and see that curiosity can lead to great discoveries.

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