investing






 

Question by  Bonnie (89)

Would you invest in 3m?

I am considering making an investment in a company and have no idea if it would be a good investment or not.

 
+7

Answer by  richmiller3214 (138)

I would say that according to the company's information 3m would be a good company to invest in. The company's earnings are expected to grow substantially for the next couple of years and it pays a 2.68% dividend yield. The company is also fundamentally strong with a good profit margin and cash flow.

 
+6

Answer by  dwmarkel (142)

Not at this time. While the yield is 2. 5% the Price to earnings ratio is 20. 67, which is higher than the market average. Price to sales ration is 2. 6 which indicates the stock is expensive. PEG ration is 1. 5, also indicating that the stock is expensive.

 
+6

Answer by  tamarawilhite (17883)

If you do not know a lot about the company, much less how they would use the money, how they will earn return on your investment to pay you back, then NO - do not invest in it. Put that money in a money market and get a guaranteed 5-7%.

 
+5

Answer by  Vladlen (358)

If you are planing to invest for a long time, it's not good idea to invest in 3m. More, it's not good idea to invest only in one company. If you are not familiar with investing, consider investing via mutual funds, or buy S&P500 ETF, at least your investment will be diversified.

 
+5

Answer by  happytimes63 (865)

The best thing you can do is research the company first to see if they are doing well, especially in this economy. If you do not know how to do the research like the balalnce sheet,then listen in on the latest earnings conference call. Dont rely on opinions, get facts.

 
You have 50 words left!