10 Best 3D Printing Stocks To Buy Right Now

8. 3D Systems Corp (NYSE:DDD)

Number of Hedge Fund Holders: 20

3D Systems Corporation (NYSE:DDD) offers 3D printing and digital manufacturing services, such as stereolithography, selective laser sintering, direct metal printing, and multi-jet printing. The company has made a number of advancements in its divisions, such as printing high-purity copper and introducing the PSLA 270, a faster photopolymer 3D printing platform.

On February 11, Cantor Fitzgerald analyst Troy Jensen reaffirmed his Overweight rating on 3D Systems Corporation (NYSE:DDD) shares, with a price target of $5.75. According to Jensen, the company’s revenue should be in line with FactSet consensus projections, indicating a combination of low system demand and strong consumable sales. The analyst’s estimates also included the different businesses inside 3D Systems, where system sales were hampered by external economic worries but consumable demand remained strong.

Furthermore, 3D Systems Corporation (NYSE:DDD) and Daimler recently formed a partnership to decentralize spare part manufacture utilizing 3D printing technology. This partnership is intended to cut time to components in hand by up to 75% while minimizing vehicle downtime due to maintenance.