Published on 24 Apr 2024 on GuruFocus.com via Yahoo Finance
Last week, we took a broad view of the domestic economy through the lens of two consumer companies. This time, let's zoom in on a pair of companies that have weathered idiosyncratic volatility. PG&E (NYSE:PCG) and 3M (NYSE:MMM) have each found themselves dealing with litigation concerns in the last few years. The former regarding a slew of issues related to its products, perhaps the most notorious one being its combat arms earplugs, while the latter faced financial liability following the devastating 2018 California wildfires.[1]
Earnings date outliers
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