Sell This Stock

While we do not usually engage in quick trading in Value Authority, the market turnaround is offering us a chance to make a nearly 10% profit in 3M (MMM) in less than two weeks time, and I am recommending sale of the shares.

Trade figures out of Germany today show that the international economy could be a little sluggish over the short term, and with the shares less than 4% from the target, I do not see the stock being an outperformer over the next 12 months at its current price.

Sell 3M, and await new opportunities this volatile market could give us.