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Stock impact report

Jim Cramer Says “Industrials Always Work in Response to a Rate Cut” and Highlights 3M Company [Yahoo! Finance]

3M Company (MMM) 
Last 3m company earnings: 4/28 06:30 am Check Earnings Report
US:NYSE Investor Relations: investors.3m.com/overview/default.aspx
Company Research Source: Yahoo! Finance
The Mad Money host commented: “Industrials always work in response to a rate cut because every hedge fund has been schooled to believe that these stocks go higher when the economy improves. We saw that yesterday with many of the industrials and again today, second one, second day. What I saw go up, I saw 3M go up, DuPont, and Dover, the latter two in the Charitable Trust… These kinds of stocks can all work for a couple more days. They have the wind at their back now.” Stock market data. Photo by Photo by Alesia Kozik 3M Company (NYSE:MMM) is a conglomerate that provides tech related industrial, electronics, and consumer products. Cramer discussed the company's latest quarter during the October 21 episode, as he stated: “The quarter from 3M, it was superb. This company used to be a fount of new products. They got bogged down by all kinds of litigation related to forever chemicals that wrecked groundwater. Now, 3M is back to innovating. 70 new products launched in the third quar Show less Read more
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