We return to discussing 3M Company (3M) with Michael Boyd, Seeking Alpha author and owner of Industrial Insights on the Seeking Alpha Marketplace. He was bearish about the company as of April, so we wanted to get his take on what led the company to this point, how they could change his mind, and what he is watching for going forward.
Topics covered:
2:30 minute mark - The 3M transition, and where are things going wrong 8:30 – Splitting off the macro issues from execution issues 12:00 – What changed for 3M? What about new management? 20:30 – How management can turn it around 23:00 – Resetting on the company 25:30 – Thoughts on the dividend growth investor approach 30:15 – What’s ahead for 3M