July 2019: Nucor (Stock to Study), 3M (Undervalued)
The Editorial Advisory and Securities Review Committee of BetterInvesting Magazine today announced Nucor Corporation (NYSE: NUE) as its July 2019 “Stock to Study” and 3M Company (NYSE: MMM) as its July 2019 “Undervalued Stock” for investors’ informational and educational use.
“The committee selected Nucor for its historical operational excellence, reasonable valuation and potential benefits of capital expansion in the United States,” said Adam Ritt, editor of BetterInvesting Magazine. “For the Undervalued selection, the committee cited 3M’s current reasonable valuation, dividend and opportunities for a recovery in the stock price over the next 18 months.”
Check BetterInvesting’s August issue for more details about these selections. Go to the trial version of BetterInvesting’s online tools to study the investment potential of Nucor and 3M by viewing their fundamental data and applying judgments.
Committee members are Robert M. Bilkie, Jr., CFA; Daniel J. Boyle, CFA; Marisa Bradbury, CFA; Philip S. Dano, CFA; Walter J. Kirchberger, CFA; and Adam Ritt.
As stated, the BetterInvesting committee’s Stock to Study and Undervalued Stock choices are for the informational and educational uses of investors and are not intended as investment recommendations. BetterInvesting urges investors to educate themselves about the stock market so they can make informed decisions about stock purchases.