Honeywell vs. 3M: Which Industrial Stock is a Better Investment?

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The company also operates through four business segments — Safety and Industrial; Transportation and Electronics; Health Care; and Consumer. It offers its products through e-commerce platforms and traditional wholesalers, retailers, jobbers, distributors, dealers, and directly to users.

The industrial sector has been recovering with the reopening of economic activities as there has been solid progress on the vaccination front. Rising demand for advanced equipment, machinery, and supplies should drive the sector’s growth. So, both HON and MMM should benefit. In terms of the past year’s performance, HON is a winner with a 34.9% gain versus MMM’s 13.4% return. But which of these stocks is a better pick now? Let’s find out.

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