Key Takeaways 3M shares surged Tuesday after the company topped fourth-quarter earnings and revenue estimates on what it called "broad based growth" and strong holiday sales.Sales rose at its Transportation & Electronics and Safety & Industrial units.

Shares in industrial conglomerate 3M (NYSE: MMM) spiked by 6% in early morning trading as the market warmed to the company's fourth-quarter earnings report. 3M's turnaround continues The earnings report and guidance were solid enough and helped confirm the bullish case for 3M stock.

M stock is soaring Tuesday after the industrial conglomerate beat expectations for its fourth quarter and provided a positive outlook. Here's what to know.