5 Best 3D Printing Stocks To Buy

4. HP Inc. (NYSE:HPQ)

Number of Hedge Fund Holders: 39

HP Inc. (NYSE:HPQ), also known as the Hewlett-Packard Company, is a multinational technology company that provides personal computing and other access devices, imaging, and printing products. Since its first foray into 3D printing back in 2016, the company has launched multiple polymer 3D printing systems and, more recently, introduced Metal Jet technology. The company ranks fourth on our list of the 10 best 3D printing stocks to buy.

On August 9, Jefferies analyst Kyle McNealy initiated coverage of HP Inc. (NYSE:HPQ) with a Hold rating and $31 price target on the company’s shares.

As of the fiscal third quarter of 2021, HP Inc. (NYSE: HPQ) had an EPS of $1, beating estimates by $0.16. The company’s revenue was $15.29 billion, up 6.96% year over year, yet fell short of the estimates by $626.38 million. HP Inc. (NYSE: HPQ) has gained 21.94% year to date and 50.38% in the past year.

Boston-based Arrowstreet Capital is one of the biggest stakeholders of HP Inc. (NYSE:DPQ) as of the end of the second quarter, according to the data tracked by Insider Monkey. Overall, 39 funds were bullish on HP Inc. (NYSE:HPQ) by the end of the June quarter, compared to 43 in the preceding quarter.