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Saint Paul, Minnesota-based 3M Company (MMM) is a diversified conglomerate, operating in the fields of industry, worker safety, and consumer goods. With a market cap of $72.5 billion, 3M produces over 60,000 products under several brands, including adhesives, passive fire protection, window films, electronics, car-care products, and more.
3M has outperformed the broader market by a large margin over the past year. 3M stock have soared 46.1% on a YTD basis and 71.4% over the past 52 weeks, outpacing the S&P 500 Index’s ($SPX) 25.2% gains on a YTD basis and 36.4% returns over the past 52-week period.