Marcial: Stick with 3M

The maker of Post-It notes is well-positioned to ride out the current downturn, say market pros

Over the years, most conglomerates have lost their allure among investors, in part because they appear to be unwieldy and more difficult to analyze as investments than companies with simpler, less diversified operations. But 3M Corp. (MMM), a leading global diversified industrial, technology, and health-care company, is holding its own, mainly because its products have become necessities for consumers and businesses around the globe. Indeed, more than 60% of 3M's annual sales come from foreign markets.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.