1. 3M
3M, the stalwart of industrial technology, has been plying its trade since the early 20th century from its base in St. Paul, Minnesota.
With a dividend yield of +5.55%, investors have long sought solace in 3M’s dependable returns.
Source: InvestingPro
On January 23, 3M will reveal if it can uphold its legacy, with a prophesied 2024 EPS surge of 7.7% and a +3% revenue boom.
Source: InvestingPro
While connoisseurs of the market peg its potential at $114.26, the savvy modeling of InvestingPro shines the light on an optimistic $134.69.
Source: InvestingPro
2. Johnson & Johnson
Johnson & Johnson, renowned for its baby care products, has a rich heritage dating back to 1886 in New Jersey.
The company’s +2.93% dividend yield has long held the appeal to investors.
Source: InvestingPro
On January 23, Johnson & Johnson is anticipated to unveil an 8.1% EPS uptick and a +3.1% revenue swell for 2024.
Source: InvestingPro
The whisper on Wall Street hints at a potential share value of around $174.68.
Source: InvestingPro
3. Cisco Systems
Cisco, a juggernaut in information and communications technology, has been a fixture since its inception in 1984 in San Jose, California.
Bearing a dividend yield of +3.10%, Cisco remains an alluring prospect for investors.
Source: InvestingPro
With accounts due on February 14, Cisco is poised on the brink of revealing its financial mettle.
Source: InvestingPro
The market consensus sets its sights at $53.97, while the astute projections of InvestingPro lay down an optimistic $56.77.
Source: InvestingPro
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Disclaimer: This article is written for informational purposes only; it does not constitute a solicitation, offer, advice, or recommendation to invest as such it is not intended to incentivize the purchase of assets in any way. I would like to remind you that any type of asset, is evaluated from multiple points of view and is highly risky and therefore, any investment decision and the associated risk remains with the investor.