5 Best 3D Printing Stocks To Invest In

3. Stratasys, Ltd. (NASDAQ:SSYS)

Number of Hedge Fund Holders: 21

Stratasys, Ltd. (NASDAQ:SSYS) is a global leader in 3D printing and additive manufacturing solutions. The company’s technology is used by a wide range of industries, including aerospace, automotive, healthcare, consumer goods, and education. The company’s products are used to create prototypes, production parts, and manufactured goods. The company’s technology offers a number of advantages over traditional manufacturing methods, including shorter lead times, lower costs, and increased design freedom. Stratasys, Ltd. (NASDAQ:SSYS) is continually innovating its technology and expanding its product portfolio, which positions the company for long-term growth. The stock is ranked high among the best 3D printing stocks to buy now.

Wall Street is positive on Stratasys, Ltd. (NASDAQ:SSYS). On September 15, Lake Street analyst Troy Jensen updated his price target on Stratasys, Ltd. (NASDAQ:SSYS) to $26 from $28 and maintained a Buy rating on the shares. On November 8, William Blair analyst Brian Drab upgraded Stratasys, Ltd. (NASDAQ:SSYS) to Market Perform from Underperform.

At the close of Q3 2022, 21 hedge funds were eager on Stratasys, Ltd. (NASDAQ:SSYS) and held stakes worth $74.8 million in the company. Of those, ARK Investment Management was the largest shareholder in the company and disclosed a position worth $22.6 million.

Follow Stratasys Inc (NASDAQ:SSYS)