3M (MMM) Stock Could Be A Bargain On Future Cash Flow

3M has produced a very strong 134.3% share price gain over the past three years, which puts fresh attention on whether the current US$159.96 price is properly backed by the cash the business can generate. With the stock moving on both company news and broader sentiment, the key issue now is how those cash flows line up against what the market is paying today. The 134.3% return over three years has materially changed long term holders' position. This makes the link between 3M's cash...