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.)

Advertisements

Don’t Call It A Comeback!

The market is still trying to find its way back from the thumping it took that started in October of 2018 and ended in December.

At their lows, all three indices – the Dow, the NASDAQ, and the S&P 500 – were in bear market territory.  A bear market is when an asset is down 20% from its high during a 52-week period.

Since the end of December, the markets have been on a tear, with the Dow, S&P and NASDAQ up 19%, 18% and 20% respectively.  I guess what we thought was a bear market turned out to be a really nasty correction.

A member of a Facebook group that I’m a part of posted that you should never buy stocks in a down market.  To this I replied that you should be buying stocks all the time.

In fact, let me share my shopping list with you of stocks I had been waiting to go on sale.  Here are their prices in late December compared to today:

Stock Price 12/2018 Price 2/15/2019 % Change
New Relic (NYSE: NEWR) $67.70 $107.25 +59%
Okta (NASDAQ: OKTA) $53.26 $84.31 +58%
Twilio (NYSE: TWLO) $74.00 $106.25 +43%
The Trade Desk (NASDAQ: TTD) $104.00 $159.00 +52%
Roku (NASDAQ: ROKU) $27.26 $52.40 +92%

These are only five stocks on my shopping list.  The performance on most of the others is similar to these.

I don’t know how much higher the market will go, but if you didn’t get in, you missed a great opportunity!

However…I’m sure it won’t be the last.

 

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.)