3D Systems (DDD) is Over the Hump (SmallCap Network)
Just for perspective, 3D Systems closed at $29.16 on the 19th, when I posted that last look. The current price of $34.49 is already 16.5% higher than it was then, so I could walk away from stock 3D Systems Corporation right now and not have any complaints. But, I’ve got a feeling there’s a lot more upside left to go. A big part of the reason I’m still bullish on 3D Systems is the way the key 200-day moving average line (green) has acted as a floor – and a springboard – twice in the meantime… once in early April, and once again just yesterday. The 3D Systems Corporation (NYSE:DDD) bulls seem to have a drawn a line in the sand, and we shouldn’t ignore that.
Stratasys And 3D Systems: Opening Doors To The Next Industrial Revolution (Seeking Alpha)
For 3D Systems, growth in revenue is expected to be around 24% to 37% for 2013. Earnings are expected to be between $1.00 and $1.15 per share, based upon strong demand for its products in 2012. A 23% growth in Q4 2012 revenue, coupled with a $28.6 million orders backlog, shows an encouraging forecast for the future. Stratasys, Ltd. (NASDAQ:SSYS) has become the leading provider of printers for use in the medical sector. The company’s recent launch of Object30 OrthoDesk for small orthodontic labs and clinics demonstrates the rapid growth of digital orthodontics. While this provides a welcome opportunity for the 3D industry, costs of manufacturing are still far higher than what is considered reasonable, resulting in high prices that are not within the reach of average consumers.
3D Systems Corporation (DDD) & More: Five Stocks That May Make Huge Moves Soon (Insider Monkey)
The key piece of information to understand here is that 3D Systems Corporation (NYSE:DDD) is in the business of making 3-D printers. These printers have mind-boggling potential for the future, and that has helped the company’s shares shoot up more than 250% last year. Since then, however, shares have cooled off a bit as earnings produced a slight disappointment and Citron Research came out with a bearish report on the company. While the company’s earnings will effect how the stock reacts, the company’s outlook will be just as important. Over the long term, however, I’m still very much a believer in the company, as it’s a member of my “World’s Greatest Growth Portfolio.”
3D Systems’ New ProJet x60 3D Printer (ENGINEERING.com)
3D Systems has announced the launch of its new full color ProJet x60 series of 3D printers. According to 3D Systems “Based on ColorJet modeling technology, the ProJet x60 series 3D printers can build full color, realistic models in virtually any color combination which truly resemble the final part.” 3D Systems Corporation (NYSE:DDD) believes this advance will…