A lot of investors like to invest in some of the hottest companies on the stock market. Stocks like Apple Inc. (NASDAQ:AAPL) and Google Inc (NASDAQ:GOOG) are always making headlines, and a lot of investors believe that these stocks are revolutionary or giants in the tech industry. However, not many investors know that these companies are way over their “revolutionary” stages and are brands, rather than technological revolutions.
Remember the first microprocessor? Or the first personal computer? Those were technological advancements. The thing is that such technological advancements don’t come every day, and they are more like “once in a lifetime” advancements.
3D printing is that “once in a generation” industry which, after reaching its peak after several years, will become the future Apple Inc. (NASDAQ:AAPL) or Google Inc (NASDAQ:GOOG). A lot of people do know about 3D Printing and what it’s able to do; however, a lot of people still think that its a fad and that 3D printing will never be successful at a commercial level.
The same thing was previously said about Personal Computers and Printers. Previously, lot of people believed that PCs and printers would never be used in houses as personal devices, but they were proved wrong after every other individual started owning a PC.
3D Printing is just too big a technology to fail, and there are endless possibilities to what consumers and companies can achieve with 3D Printers. Here are some of the best stocks that you should definitely consider investing in for the long-term.
3D Systems Corporation (NYSE:DDD) is one of the biggest companies in the 3D printing space. It specializes in 3D Printing solutions, 3D Printers, and 3D printing materials. The company has a market cap of nearly $3 billion and is currently trading between $30 to $33.
As you can see in the graph above (source: nasdaq.com), 3D Systems Corporation (NYSE:DDD)’s share price has been extremely volatile in the last 12 months, which is why not many investors have been able to capitalize on this opportunity. The volatility and the dropping share prices are only for the short-term, and I’m almost certain that the company’s shares won’t go anywhere but upwards in the long-term.
3D Systems Corporation (NYSE:DDD) showed nearly 50% revenue growth in its latest quarter; however, it just fell short of Wall Street estimates, which is why the company’s share price dropped nearly 8%. What investors need to know is that there will be ups and downs in the short run, but the real returns will come after 3D Printing is fully adapted in the world.
Stratasys, Ltd. (NASDAQ:SSYS) is another “soon to be” tech industry giant as it manufactures 3D Printers, primarily for businesses. From the medical space to the aerospace industry, Stratasys caters to nearly all major industries. Stratasys, like other companies in the 3D printing industry, will continue to grow as the 3D Printing industry, as a whole, grows.
With a market cap of over $2.8 billion, Stratasys is currently trading between $72 to $75. As you can see in the graph (source: nasdaq.com), the share price has been rising after it fell in February due to negative commentary on the company by some analysts.
Overall, Stratasys, Ltd. (NASDAQ:SSYS) has been strong financially and its latest earnings report showed a revenue growth of around 23% year-over-year. Also, the company expects a further 30% revenue growth by the end of 2013.
Stratasys still manufactures printers for different industries rather than ordinary customers; however, the company will be able to expand as soon as 3D printing is adapted by small firms and individuals. Again, I won’t be surprised if the company is not able to perform as well as expected in the short run, as it is a company in the “next” big industry