5 Best 3D Printing Stocks To Buy Now

3. Trimble Inc. (NASDAQ:TRMB)

Number of Hedge Fund Holders: 28

Stock Price as of July 29: $69.43

Trimble Inc. (NASDAQ:TRMB) is a Sunnyvale, California-based hardware, software, and services company that provides support to agriculture, building and construction, geospatial, natural resources, and utility sectors.

The company owns a 3D designing and printing software called SketchUp. SketchUp was acquired by Trimble from Alphabet Inc (NASDAQ:GOOGL) in 2012. In April, Trimble Inc. (NASDAQ:TRMB) introduced SketchUp for iPad. The app is revolutionizing sketching in 3D by allowing users to transform doodles into configurable items.

On July 12, Tami Zakaria at JPMorgan gave Trimble Inc. (NASDAQ:TRMB) stock a target price of $65 with a Neutral rating. Trimble Inc. (NASDAQ:TRMB) has been given an average rating of “Moderate Buy” from seven brokerages. Around 91.47% of Trimble Inc.’s (NASDAQ:TRMB) shares are held by hedge funds and institutional investors.