10 Best 3D Printing and Additive Manufacturing Stocks To Buy

3. HP Inc. (NYSE:HPQ)

Number of Hedge Fund Holders: 46

Based in Palo Alto, California, HP Inc. (NYSE:HPQ) is an information technology company. In the second quarter of 2024, the company has increased its sales by 3% year-over-year and has managed to lower its debt to $7.2 billion compared to $8.8 billion in 2023. HP Inc. (NYSE:HPQ) is also focusing heavily on artificial intelligence, which is working as a further growth catalyst.

In the 3D printing space, HP Inc. (NYSE:HPQ) has announced that it will now begin delivering a first-of-its-kind Polypropylene material for additive manufacturing, which will be more versatile, durable, and chemically resistant than other materials. The company is thus appealing to customers in the automotive, consumer, industrial, and medical sectors now more than ever before.

There were 46 hedge funds long HP Inc. (NYSE:HPQ) in the first quarter, with a total stake value of $649.2 million.