Here Is My Top Blue Chip Stock to Buy Now

3M (NYSE: MMM) recently reported first-quarter earnings and demonstrated that it's making underlying progress that significantly raises the upside potential for the stock upon a resolution to the trade conflict. As such, the risk/reward calculation has moved in favor of buying stock in the multi-industry company, and it looks like a great buy right now. Here's why.The key takeaway from 3M's earnings report is that the economic environment negatively impacts the company's sales, but it's outperforming expectations on margins and, ultimately, earnings. In addition, the company continues to make progress on the key operational metrics of CEO Bill Brown's turnaround plans.First-quarter organic sales growth of 1.5% was weaker than the implied guidance at the start of the year of about 2.1%. However, adjusted earnings per share (EPS) of $1.88 came in ahead of the implied guidance of about $1.71.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool