5 Best 3D Printing Stocks To Invest In

2. General Electric Company (NYSE:GE)

Number of Hedge Fund Holders: 71

General Electric Company (NYSE:GE) uses addictive manufacturing technologies to make 3D-printed jet engines, massive turbine engines, 3D-prints ultrasound transducers, among many other parts. Earlier this month General Electric Company (NYSE:GE) posted Q3 results. Adjusted EPS in the period came in at $0.82 beating estimates by $0.26. Revenue jumped 19.6% year over year to $17.3 billion, beating estimates by $1.61 billion.

A total of 71 hedge funds tracked by Insider Monkey had stakes in General Electric Company (NYSE:GE) as of the end of the June quarter.

Vulcan Value Partners made the following comment about General Electric Company (NYSE:GE) in its Q1 2023 investor letter:

“General Electric Company (NYSE:GE) was a material contributor during the quarter. With the successful spin-off of GE HealthCare in early January, the company operates in two major markets: GE Aerospace and GE Vernova. GE Aerospace powers three out of every four commercial flights. GE Vernova helps generate 30% of the world’s electricity and has a meaningful role to play in the energy transition. The company’s service activities, which are higher margin and more resilient, represent approximately 60% of revenue and 85% of its backlog. The company reported strong fourth quarter 2022 results and management’s 2023 outlook is positive.”