3M (MMM) traded at over $200 last year, but saw its stock get hit due to weakness in its electronic division, and more recently, issues related to the coronavirus.

The company has some near-term issues to work out, but at 14.5X forward earnings per share (EPS) estimates of over $10 and with a dividend yield of 3.8%, the stock is a bargain for a company with many strong franchises and strong finances. Buy MMM under $150. My target is $180.

If you are an Inner Circle subscriber following the Model Portfolio, put a 5% position in 3M in the Value Sector.