A study of analyst recommendations at the major brokerages shows that 3M Co (Symbol: MMM) is the #29 broker pick, on average, out of the 30 stocks making up the Dow Jones Industrial Average, according to ETF Channel. Within the broader S&P 500, when components were ranked in terms of analyst favorites, MMM claims the #467 spot.
Below is a chart of rank over time:
MMM operates in the Medical Instruments & Supplies sector, among companies like Abbott Laboratories (ABT) which is down about 1.4% today, and Intuitive Surgical Inc (ISRG) trading up by about 0.1%. Below is a three month price history chart comparing the stock performance of MMM, versus ABT and ISRG.
MMM is currently trading off about 1% midday Wednesday.
The Top 15 Broker Darlings of the Dow: Current Top Analyst Picks »
Also see:
Top Ten Hedge Funds Holding ANAD
EXPO Dividend Growth Rate
Institutional Holders of ZROZ
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
