Why I’m Bullish on 3D Printing Stocks!

One of the hottest sectors in the market right now is 3D printing stocks.

On August 7, 3D Systems Corporation (NYSE: DDD) reported earnings that were much better than expected.  Since then, the entire sector has been on fire!

3D Systems is up 50% since August 7, to $20.37.  Stratasys (NASDAQ: SSYS) is up 29% to $24.52, and Protolabs (NYSE: PRLB) is up 12.5% to $140.65.

Now, it’s possible that any sector in the market, for a number of reasons, can go on a hot streak.  I believe, however, that 3D printing has a huge future in front of it.

If you recall (many people don’t), 3D printing was all the rage in 2012.  It was thought that every household would have a 3D printer; however, that never happened.  Instead, the 3D printing stocks crashed and burned, with 3D Systems and Stratasys losing 90% of their value.

Over the last three years, 3D printing stocks have moved sideways, and have been completely out of favor.

However…now may be the time to take a serious look at this group!

According to ARK Invest, the total 3D printing market is currently $6.5 billion, and could grow nearly tenfold by 2022, to $65 billion:

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Check out this example of the amazing ways in which 3D printing is being implemented today.

Until next time…

My book, The Stock Market is For Everyone, is a short guide for the beginning, inexperienced investor that is easy to understand and can be put into action immediately.

Click the image of the book at left to be taken to its Amazon page.  (Disclosure: As a participant in the Amazon Services LLC Associates Program, I earn a small commission on each sale generated through these links.)

 

 

 

 

 

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