5 Best 3D Printing Stocks To Buy Now

4. Stratasys Ltd. (NASDAQ:SSYS)

Number of Hedge Fund Holders: 21

Stock Price as of July 29: $20.59

Stratasys Ltd. (NASDAQ:SSYS) is a producer of 3D printers, materials, and software. The American-Israeli company adopted a poison pill after Nano Dimensions Ltd. (NASDAQ:NNDM) revealed a 12.12% stake in the company on July 18 as a strategic investment in a market leader.

Stratasys Ltd. (NASDAQ:SSYS) is a key player in the 3D printing industry. The company generated revenues of $521 million and $607 million, respectively, in 2020 and 2021. In Q2 2022, analysts anticipate Stratasys Ltd. (NASDAQ:SSYS) to report revenue of $166.32 million, reflecting a 12% YoY growth in revenue. Out of the last eight quarters, Stratasys Ltd. (NASDAQ:SSYS) has outperformed revenue and EPS forecasts on six occasions.

As of Q1 2022, Stratasys Ltd. (NASDAQ:SSYS) was held by 21 hedge funds.