3M (MMM) should be bought for valuation, not for growth prospects, says Ed Butowsky. He discusses MMM, as well as some other stocks. He also notes that Coca-Cola (KO) has a strong balance sheet and has a very expensive value right now. He also talks about how General Motors (GM) is at a low point for autos, but there is going to be huge growth. He then goes over UPS Inc. (UPS) which he is not buying even though it’s selling at P/E of 13.