11 Best 3D Printing and Additive Manufacturing Stocks to Buy

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2. ANSYS, Inc. (NASDAQ:ANSS)

Analyst Upside Potential: 9.89%

Number of Hedge Fund Holders: 74

ANSYS, Inc. (NASDAQ:ANSS) is a multinational company specializing in the development and marketing of engineering simulation software. Its products enable engineers, designers, researchers, and students to simulate complex designs across various industries. The company’s Additive Suite offers a comprehensive workflow for metal 3D printing, enabling designers to create, repair, and clean up CAD geometry.

The company reported strong financial results for Q4 2024. Its revenue for the quarter was $882.2 million, exceeding the average estimate of $863.49 million and reflecting 10% year-over-year growth. On March 18, ANSYS, Inc. (NASDAQ:ANSS) announced that it is integrating NVIDIA Omniverse into its simulation software to enhance visualization, data processing, and collaboration across engineering workflows. The key features of this integration include 3D-IC Design, which will enable real-time visualization of electromagnetic fields, thermal effects, and stress distribution in vertically stacked semiconductor chips. This will help optimize 3D-IC design for AI, IoT, and autonomous vehicles by diagnosing electromagnetic and thermal issues early. It is one of the best 3D printing and additive manufacturing stocks to buy.

Conestoga Capital Advisors stated the following regarding ANSYS, Inc. (NASDAQ:ANSS) in its Q4 2024 investor letter:

“ANSYS, Inc. (NASDAQ:ANSS) is a market leader in selling computer-aided engineering (CAE) software that allows engineers to simulate how product designs will behave in real world environments before they are manufactured. Despite its pending acquisition by Synopsys (SNPS), the company’s stock reacted favorably to a surprisingly healthy quarter.”

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