Thread regarding 3M layoffs

The 3M shares looks to head towards $145 as predicted by few posters here... S h i t happens.

The situation is increasingly concerning and potentially not under control. This "bellweather" risks being part of the DJ-30 index if current situation persists or worsens.

Motley Fool has historically been a shill promoting 3M. The thing is, these 'combination of forces' also affected other companies whose stock prices performed much better in 2021.

Note: If you want to look at stock price appreciation over longer timeframes..........

3 years-----3M is at -6.8%, while the S&P is up 90%.
5 years-----3M is at -0.5%, while the S&P is up 113%.
10 years---3M is at 117%, while the S&P is up 280%.

Not unexpected.
When company built on innovation repeats lobotomies (CRL layoffs, Class III focus, "3M Advance") in order to lose weight, 2021 foreshadows worse things to come.

Compare to J&J (156 to 172 for >10% return same period): both companies face palpable legal threats (3M w fluorochemicals; J&J w baby powder AND opiods). However, J&J continued to innovate, 3M stopped. Consider pharma: 3M spun its off years ago, but J&J came out with a covid vaccine. Not as mRNA like Pfizer or Moderna, more traditional, but still innovation. And the market rewarded it.

Also, I'd not necessarily focus on 2021, but look at a wider trend: 3M continues to be off 30% of its $258 all time high during the time when the rest of the Dow Industrials and J&J are setting all-time record highs. Management policy remains to do stubbornly more of the same that got them there while expecting improved results. Right.