Jim Cramer Discusses These 11 Stocks & Finds Few Reasons To Sell

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6. 3M Company (NYSE:MMM)

Number of Hedge Fund Holders In Q3 2024: 82

3M Company (NYSE:MMM) is an industrial conglomerate and a consumer products firm. It is one of the few industrial stocks that have managed to perform well in an environment where the sector as a whole has struggled due to high rates and reduced economic activity. 3M Company (NYSE:MMM)’s shares have gained 93% over the past year as the firm’s cost-cutting initiatives have yielded results. Since its fourth-quarter earnings, the stock is up by 5.6%. Here is what Cramer said about the firm:

“By the way the industrials are where the action is. Well 3M is still going up after they reported.”

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