3M (MMM) Offering Possible 44.51% Return Over the Next 15 Calendar Days

3M's most recent trend suggests a bullish bias. One trading opportunity on 3M is a Bull Put Spread using a strike $160.00 short put and a strike $155.00 long put offers a potential 44.51% return on risk over the next 15 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $160.00 by expiration. The full premium credit of $1.54 would be kept by the premium seller. The risk of $3.46 would be incurred if the stock dropped below the $155.00 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 30.09 level which suggests that the stock is neither overbought nor oversold at this time.

To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here


3M to Sell its Gas and Flame Detection Business
Wed, 05 Jun 2019 07:30:00 +0000
3M announced today it has received a binding offer from Teledyne Technologies Incorporated, to purchase 3M’s gas and flame detection business for $230 million, subject to closing and other adjustments. Teledyne is a leading provider of sophisticated instrumentation, digital imaging products and software, aerospace and defense electronics, and engineered systems. The gas and flame detection business is part of 3M’s Personal Safety Division.

SHAWBROOK MORTGAGE FUNDING 2019-1 PLC — Moody's assigns definitive ratings to Notes issued by Shawbrook Mortgage Funding 2019-1 plc
Tue, 04 Jun 2019 15:50:08 +0000
Moody's has not assigned a rating to the GBP 16.3M Class Z Mortgage Backed Floating Rate Notes due 2050. The Notes are backed by a static pool of UK Buy-to-Let (“BTL”) mortgage loans originated by Shawbrook Bank Limited (“Shawbrook”).

3M Stock May Be a Falling Knife Worth Catching
Tue, 04 Jun 2019 12:12:49 +0000
The past month hasn't been a particularly enjoyable one for the owners of 3M (NYSE:MMM) stock. In the latter part of April, the highly-diversified company cautioned that weakness in China would take a toll on its 2019 bottom line, and just a couple of weeks ago, an analyst warned the dividend that had made MMM stock a hero to income-minded investors was in jeopardy.Source: Shutterstock All told, the 27% dip in the 3M stock price since Apr. 25 makes superficial sense. Under the surface, though, the depth of the selloff of MMM stock may not hold up to scrutiny. * 6 Big Dividend Stocks to Buy as Yields Plunge Buying 3M stock looks tantamount to catching a falling knife, with no assurance any rebound will take shape now, if at all. For an investor with a little money to play with and a willingness to keep MMM stock on a short leash though, the shares look interesting now.InvestorPlace – Stock Market News, Stock Advice & Trading Tips An Analyst's Take on MMM StockWriting about the dividend of 3M stock in mid-May, J.P. Morgan analyst Stephen Tusa stated, "Another leg down in fundamentals would mean they are on watch for a cut, after 37 straight years of increase."A year ago, such a development would have been unthinkable. Many of the old-guard names have already taken such a step, however. General Electric (NYSE:GE) started to pare back its payout in 2017, and more than a little legitimate-sounding dividend-cut chatter has plagued the likes of Ford Motor (NYSE:F) and AT&T (NYSE:T) for awhile now. So a dividend cut by 3M somehow doesn't seem out of the question.It's not just the dividend Tusa is concerned about, however. He's also worried about the bigger picture. He wrote,"While there are clearly some cyclical forces at play, we continue to believe the secular story, while less readily apparent, is challenged. This late in the cycle, defense growth garners an appropriate premium, and here we see neither defense, nor growth."Tusa concludes of MMM stock that "premium valuation is unjustified by undifferentiated fundamentals." Numerical RealityIt's entirely possible he's right. But, it's also entirely possible Tusa is overdoing it by giving MMM stock an "underweight" rating.As of the latest look, the analyst community is, on average, modeling earnings of $9.52 per share of 3M stock for the current fiscal year, down decidedly from last year's $10.46 on what should be a very slight drop in revenue. Weakness in China and other overseas markets are taking a bigger bite out of profits than sales, and with no end to the trade war in sight, investors have easily been led to assume the worst.The dividend, however, isn't in the deep jeopardy that's been implied.Over the course of the past four quarters, 3M has dished out total dividends of $5.52 per share. For the next four years, analysts, on average, are calling for a total payout of $5.76 per share of MMM stock. That still leaves a cushion in excess of $3.70 per share between the company's anticipated EPS and its expected dividend in 2019. That spread should widen again in 2020.But the amount of income the company will be able to retain for itself and invest in its future growth will be lower than in the past. Tusa is also worried about growing legal liabilities that may "significantly weigh on capital deployment capabilities – which has historically largely driven EPS growth."The organization has finally begun cutting costs, though. After releasing last quarter's disappointing results and equally disappointing outlook, 3M announced it would lay 2000 employees off. The Bottom Line on MMM StockNone of this serves as a guarantee that 3M won't cut its dividend. But, given the unlikelihood of that development in addition to the steep, exaggerated selloff MMM stock price has suffered over the course of the past five weeks, MMM stock is an interesting contrarian pickup at this point.Many analysts don't disagree. Despite the spate of bad news and the subsequent streak of downgrades, the professionals still sport a consensus price target on 3M stock of $188. That's 17% better than the current MMM stock price, which has been beaten down mostly by noise and fear.Nothing ailing 3M right now is insurmountable, and almost all of its problems are finally being addressed.MMM stock may be a knife worth trying to catch.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Stocks to Sell Impacted by the Mexican Tariffs * 6 Big Dividend Stocks to Buy as Yields Plunge * The 10 Biggest Announcements From Apple WWDC 2019 Compare Brokers The post 3M Stock May Be a Falling Knife Worth Catching appeared first on InvestorPlace.

52-Week Company Lows
Mon, 03 Jun 2019 16:56:45 +0000
According to GuruFocus' list of 52-week lows, these Guru stocks have reached their 52-week lows. The company has a market cap of $199.41 billion. Warning! GuruFocus has detected 1 Warning Sign with WFC.

Here is the 16th Most Popular Stock Among Hedge Funds
Sat, 01 Jun 2019 14:17:30 +0000
Out of thousands of stocks that are currently traded on the market, it is difficult to identify those that will really generate strong returns. Hedge funds and institutional investors spend millions of dollars on analysts with MBAs and PhDs, who are industry experts and well connected to other industry and media insiders on top of that. Individual investors can piggyback […]

Be Sociable, Share!

Related Posts


MarketTamer is not an investment advisor and is not registered with the U.S. Securities and Exchange Commission or the Financial Industry Regulatory Authority. Further, owners, employees, agents or representatives of MarketTamer are not acting as investment advisors and might not be registered with the U.S. Securities and Exchange Commission or the Financial Industry Regulatory.

This company makes no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended in this email, and makes no representations or warranties concerning said company or entity’s compliance with applicable laws and regulations, including, but not limited to, regulations promulgated by the SEC or the CFTC. The sender of this email may receive a portion of the proceeds from the sale of any products or services offered by a company or entity mentioned or recommended in this email. The recipient of this email assumes responsibility for conducting its own due diligence on the aforementioned company or entity and assumes full responsibility, and releases the sender from liability, for any purchase or order made from any company or entity mentioned or recommended in this email.

The content on any of MarketTamer websites, products or communication is for educational purposes only. Nothing in its products, services, or communications shall be construed as a solicitation and/or recommendation to buy or sell a security. Trading stocks, options and other securities involves risk. The risk of loss in trading securities can be substantial. The risk involved with trading stocks, options and other securities is not suitable for all investors. Prior to buying or selling an option, an investor must evaluate his/her own personal financial situation and consider all relevant risk factors. See: Characteristics and Risks of Standardized Options. The www.MarketTamer.com educational training program and software services are provided to improve financial understanding.

The information presented in this site is not intended to be used as the sole basis of any investment decisions, nor should it be construed as advice designed to meet the investment needs of any particular investor. Nothing in our research constitutes legal, accounting or tax advice or individually tailored investment advice. Our research is prepared for general circulation and has been prepared without regard to the individual financial circumstances and objectives of persons who receive or obtain access to it. Our research is based on sources that we believe to be reliable. However, we do not make any representation or warranty, expressed or implied, as to the accuracy of our research, the completeness, or correctness or make any guarantee or other promise as to any results that may be obtained from using our research. To the maximum extent permitted by law, neither we, any of our affiliates, nor any other person, shall have any liability whatsoever to any person for any loss or expense, whether direct, indirect, consequential, incidental or otherwise, arising from or relating in any way to any use of or reliance on our research or the information contained therein. Some discussions contain forward looking statements which are based on current expectations and differences can be expected. All of our research, including the estimates, opinions and information contained therein, reflects our judgment as of the publication or other dissemination date of the research and is subject to change without notice. Further, we expressly disclaim any responsibility to update such research. Investing involves substantial risk. Past performance is not a guarantee of future results, and a loss of original capital may occur. No one receiving or accessing our research should make any investment decision without first consulting his or her own personal financial advisor and conducting his or her own research and due diligence, including carefully reviewing any applicable prospectuses, press releases, reports and other public filings of the issuer of any securities being considered. None of the information presented should be construed as an offer to sell or buy any particular security. As always, use your best judgment when investing.