Three 3D Printing Stocks You Should Watch!

Last week I wrote a post on the emergence of 3D printing.  As promised, I’m following up with three recommendations for you of stocks to watch in the sector.

3D printing is shaping the future, as it is applied to more and more industries around the world every day.  From aerospace, to automotive, to education, to medical, 3D printing is capable of revolutionizing every industry in some way.

Here are three companies that stand to benefit from this trend:

Stratasys (NASDAQ: SSYS): The global leader in 3D printing and additive solutions.  Stratasys has a market cap of $1.5 billion, and currently trades at $28.08 a share.

3D Systems (NYSE: DDD): Designs, develops, markets, and services rapid 3D printing, prototyping and manufacturing systems and related products and materials.  3D Systems has a market cap of $1.55 billion and currently trades at $13.65 a share.

Proto Labs (NYSE: PRLB): Proto Labs does rapid prototyping and low volume manufacturing via injection modeling, CNC machining and 3D printing. Proto Labs has a market cap of $3 billion and currently trades for $111.40.

Each of these companies will do very well if the projections for 3D printing manufacturing come to fruition and the industry sees a tenfold increase in demand.

 

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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Invest In Disruptive ETFs!

DISRUPTIVE INNOVATION

If you’ve followed Wealthy Joe Investing, you know that I’m a big believer in disruptive innovation.

I believe we are in the beginning stages of a huge technology boom.

Catherine Wood, the founder of Ark Invest, has identified nine transformative technology platforms:

1. Deep learning

2. Digital wallets

3. Cryptocurrencies

4. Next-generation DNA sequencing

5. Battery cost tipping point

6. Autonomous taxi networks

7. CRISPR for human therapeutics

8. Collaborative robots

9. 3D printing

Trying to identify one stock that may be a winner in any one of these trends would be very difficult.  ARK ETFs (exchange-traded funds) allow you to participate without having to select one winner.  The ETFs are comprised of leaders in each technological area.

Here is a list of ARK’s ETFs, with brief information on the platforms on which they focus.  Click on the link for each fund if you’re interested in reading more detailed information on ARK’s website.

  1. Ark Innovation ETF (ARKK): DNA technologies; energy, automation and manufacturing; shared technology, infrastructure and services; technologies that make financial services more efficient.
  2. Industrial Innovation ETF (ARKQ): Autonomous transportation; robotics and automation; 3D printing; energy storage; space exploration.
  3. Web x.0 ETF (ARKW): Cloud computing & cyber security; e-commerce; big data & artificial intelligence (AI); mobile technology and Internet of Things; social platforms; blockchain & peer-to-peer (P2P).
  4. Genomic Revolution ETF (ARKG): CRISPR; targeted therapeutics; bioinformatics, molecular diagnostics; stem cells; agricultural biology.
  5. Fintech Innovation ETF (ARKF): Transaction innovations; blockchain technology; risk transformation; frictionless funding platforms; customer facing platforms; new intermediaries.
  6. 3D Printing ETF (PRNT): An indexed fund designed to correspond to the performance of the Total 3D-Printing Index.

Disclaimer/Disclosure Statement: Information in this article is not intended to be a recommendation to invest in any stock.  Rather, it is presented for readers’ education and consideration when making their own investment decisions.  The author has no position in any of the funds mentioned.

 

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.)