10 Best 3D Printing Stocks To Buy Right Now

3. Align Technology, Inc. (NASDAQ:ALGN)

Number of Hedge Fund Holders: 58

Align Technology, Inc. (NASDAQ:ALGN), recognized as a leader in 3D-printed dental treatments, is a prominent medical device company that employs 3D printing to manufacture Invisalign systems, which straighten teeth with removable and custom-made aligners.

On February 14, Wells Fargo started coverage of Align Technology, Inc. (NASDAQ:ALGN), with an Overweight rating and a $255 price target. The firm’s analyst, Vik Chopra, emphasizes the company’s strong competitive moat, comparing its Invisalign brand to notable names such as Kleenex in their respective markets, and notes that Align Technology controls roughly two-thirds of the clear aligner market.

Align Technology, Inc. (NASDAQ:ALGN) stated in January of this year that it had finalized the acquisition of privately held Cubicure GmbH, a pioneer in direct 3D printing solutions for polymer additive manufacturing. The purchase of Cubicure will help Align support and grow its strategic innovation agenda, as well as improve the Align Digital Platform. Cubicure will also help Align expand and scale its printing, material, and manufacturing capabilities for its 3D printed product portfolio, which already includes the Invisalign Palatal Expander system, the company’s first direct 3D printed orthodontic device.