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I've owned MMM for about 7-8 years. It's one of very few individual stocks I've ever bought. Up until about April of this year it had very nice, gradual growth and a decent dividend.
Something happened at that point and it took a big hit. Since then it has continued to struggle - even dropping now as the market climbs.
I can't find any obvious reasons for what is going on. This is/was a buy-and-hold sort of thing for me, and I'd really hate to take a big captial gain hit by selling it at a low point, but I'm starting to wonder if there is something I am missing.
I'm not asking the board to do my research for me, but I would appreciate any advice about what sources to use and what information to look at in order to make an informed decision.
Thanks!
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