11 Best 3D Printing and Additive Manufacturing Stocks To Buy

1. Synopsys, Inc. (NASDAQ:SNPS)

Number of Hedge Fund Holders: 53

Synopsys, Inc. (NASDAQ:SNPS) is a leader in electronic design automation and empowers companies to design optimized 3D-printed components with precision and scalability. The company primarily focuses on the semiconductor and electronics industries.

Synopsys, Inc. (NASDAQ:SNPS) is in the process of acquiring Ansys, a leading provider of engineering simulation software. This acquisition is expected to have a significant impact on Synopsys, Inc.’s (NASDAQ:SNPS) 3D business. The combined entity will be able to deliver comprehensive solutions that integrate electronic design automation and multi-physics simulation, which are aimed at providing customers with insights into their under-development products and will enable the creation of more complex and sophisticated 3D designs to drive innovation and growth in the semiconductor and electronics industries. Synopsys, Inc.’s (NASDAQ:SNPS) acquisition of Ansys also presents opportunities for growth as Ansys’ simulation software is already being used in various additive manufacturing applications, including the design and optimization of 3D-printed parts and products.

Synopsys, Inc. (NASDAQ:SNPS) is placing a significant emphasis on growing its 3D business, driven by the increasing demand for complex semiconductor chips and electronic systems. The company’s 3D IC Compiler and silicon lifecycle management solutions are also gaining traction, with a notable test chip tape out demonstrating the industry’s only end-to-end unified solution for 3D design. Furthermore, the company’s partnership with ecosystem leaders such as TSMC is enhancing predictability and yield for 3D designs, which is expected to drive further adoption of its 3D solutions.

While we acknowledge the potential of Synopsys, Inc. (NASDAQ:SNPS) to grow, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than SNPS but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

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