|Bid||0.00 x 800|
|Ask||0.00 x 800|
|Day's range||159.64 - 166.67|
|52-week range||114.04 - 182.55|
|Beta (5Y monthly)||0.97|
|PE ratio (TTM)||18.31|
|Earnings date||27 Oct 2020|
|Forward dividend & yield||5.88 (3.47%)|
|Ex-dividend date||21 Aug 2020|
|1y target est||166.27|
The latest monthly sales data from the industrial giant shows a dip in year-over-year growth. Here's what it means for investors.
If the idea of investing in industrial stocks puts you off because it sounds boring, you'd certainly reconsider once you learn how big and vital the industrials sector is and how well-positioned some stocks are to grow immensely in coming years. With their excellent past records and incredible growth drivers ahead, these two industrial stocks are available for you to buy and hold for as long as 10 years, and even longer. Honeywell (NYSE: HON) is a formidable mix of industrials and technology, which is where the stock's appeal lies.
3M's (MMM) sales performance in August is driven by acquisitions/divestitures impact and forex gains, partially offset by the adverse impacts of lower business days. Q3 outlook for sales is promising.