5 Best 3D Printing and Additive Manufacturing Stocks to Buy

Page 1 of 5

In this article we discuss the 5 Best 3D Printing and Additive Manufacturing Stocks to Buy. If you want to read our detailed analysis of these companies, go directly to the 10 Best 3D Printing and Additive Manufacturing Stocks to Buy.

5. 3D Systems Corporation (NYSE: DDD)

Number of Hedge Fund Holders: 16

3D Systems Corporation (NYSE: DDD) is a provider of 3D printing and digital manufacturing solutions in the US, Europe, the Middle East, and the Asia Pacific. The company provides stereolithography, selective laser sintering, direct metal printing, multi-jet printing, and color jet printing through its 3D printers. It ranks 5th on our list of the best 3D printing and additive manufacturing stocks to buy.

On June 1st, 3D Systems Corporation (NYSE: DDD) signed away its On Demand Manufacturing business to Trilantic North America for $82 million. The proceeds will be invested in the company’s core additive manufacturing business, and the transaction will close in the third quarter of 2021. This May, the company was also upgraded to Buy by Craig-Hallum in light of strong first-quarter results. As of the first quarter of 2021, 3D Systems Corporation (NYSE: DDD) has an EPS valued at $$0.17 versus estimates of $0.02 and brought in $146.12 million in revenue. The company also has a gross profit margin of 40.6% and has gained 142.69% in the past 6 months plus 175.84% year to date.

By the end of the first quarter of 2021, 16 hedge funds out of the 866 tracked by Insider Monkey held stakes in 3D Systems Corporation (NYSE: DDD). The total value of their stakes came up to roughly $315 million. This is compared to 15 hedge fund holders in the previous quarter with a total stake value of about $59.7 million.

Page 1 of 5