Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

3D Systems Corporation (DDD), Stratasys, Ltd. (SSYS), Tesla Motors Inc (TSLA): Trending Stocks on Monday

In Monday morning trading, several companies have captured the attention of Mr. Market amid an increase in popularity. Generally speaking, since there are thousands of companies publicly listed, it is very important to pay attention to stocks that are the most often discussed by the masses. The markets opened with two main indices, S&P 500 (INDEXSP:.INX) and Dow Jones Industrial Average (INDEXDJX:.DJI) remaining almost flat, slightly appreciating. As follows, among some of the most popular stocks on Monday are 3D Systems Corporation (NYSE:DDD), Stratasys, Ltd. (NASDAQ:SSYS), and Tesla Motors Inc (NASDAQ:TSLA).

3D Systems Corporation (NYSE:DDD)In this way, the 3D-printing industry has been a trendy space lately, with many news items featuring companies involved in the field. One of these companies is 3D Systems, which has added over 8% in stock price to $52.5 per share today. Since the beginning of the year, the stock of 3D Systems Corporation (NYSE:DDD) has gained about 46%, while its P/E ratio amounts to 116x. According to Analyst Ratings Network, Citigroup initiated coverage of the company and has set a “Buy” rating for 3D Systems, with the target price amounting to $125. Last week was also market by an event involving 3D Systems, more exactly – the acquisition of the UK-based company CRDM, Ltd., which is involved in production of parts and tools for automotive, aerospace, medical device and motorsports fields.

Another 3D printing company that should be mentioned is Stratasys, Ltd. (NASDAQ:SSYS), that has added almost 5% in today’s trading to around $111 per share. The year-to-day return of Stratasys’s stock amounts to around 38%, while the forward P/E ratio is situated at the 41.5 level. As well as with the 3D Systems, Citigroup today also initiated coverage of Stratasys, setting a “Buy” rating as well. Recently, Statasys subsidiary MakerBot announced a new desktop scanner for creating 3D Models, the MakerBot Digitizer Desktop 3D Scanner. The company has already started accepting pre-orders, with the price for the device amounting to $1,400.

Lastly we should mention Tesla Motors Inc (NASDAQ:TSLA). The automaker’s stock price has increased by about 6% to $171.5 on Monday, while since the beginning of the year, Tesla stock has surged by over 400%, which is the highest among auto manufacturers. Tesla’s forward P/E amounts to over 94, which shows that investors see a lot of potential in this company, and taking into account the constant growth of popularity and demand of Tesla Motors Inc (NASDAQ:TSLA)’s Model S vehicle and with another model on its way, it is a possibility that Tesla Motors will not disappoint its investors in the long-run.

Disclosure: none

DOWNLOAD FREE REPORT: Warren Buffett's Best Stock Picks

Let Warren Buffett, George Soros, Steve Cohen, and Daniel Loeb WORK FOR YOU.

If you want to beat the low cost index funds by 19 percentage points per year, look no further than our monthly newsletter.In this free report you can find an in-depth analysis of the performance of Warren Buffett's entire historical stock picks. We uncovered Warren Buffett's Best Stock Picks and a way to for Buffett to improve his returns by more than 4 percentage points per year.

Bonus Biotech Stock Pick: You can also find a detailed bonus biotech stock pick that we expect to return more than 50% within 12 months.
Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.