10 Best 3D Printing Stocks To Buy Right Now

7. Proto Labs, Inc. (NYSE:PRLB)

Number of Hedge Fund Holders: 22

Proto Labs, Inc. (NYSE:PRLB) is a leading 3D printing company that provides rapid manufacturing of low-volume 3D-printed custom parts for prototyping and short-term production. The company has been providing additive manufacturing services for the past 25 years and is home to more than 120 3D printers.

The company provides on-demand 3D printing for rapid prototyping. Proto Labs, Inc. (NYSE:PRLB) is known for its notoriously fast production, which could be as fast as one day. The emerging leader in 3D printing allows people to use its online 3D printing service and choose from its six printing technologies.

The company is expanding its ecosystem by partnering with big names from across the globe. Harley Davidson partnered with Protolabs to manufacture high-quality parts for their vehicles. Similarly, NASA partnered with the 3D printing company to develop a special part. The part was delivered in only 36 hours and the design was presented at the PowerSource Global Summit. Proto Labs, Inc. (NYSE:PRLB) has leveraged similar partnerships with Nokia, Aura, PepsiCo, and Whoop Inc.

Proto Labs, Inc. (NYSE:PRLB) is one of the best 3D printing stocks to buy right now according to hedge funds and we believe that’s because of its large scale of operations and network. The company prints more than 250,000 parts each month and has served over 50,000 developers till now. 22 hedge funds were bullish on PRLB at the close of Q2 2024, according to the Insider Monkey database.