3D Systems Corporation is a holding company. The Company provides three-dimensional (3D) products and services, including 3D printers, print materials, parts services and digital design and manufacturing tools. Its ecosystem supports applications from the product design shop to the factory floor to the operating room. Its precision healthcare capabilities include simulation, Virtual Surgical Planning, and printing of medical and dental devices, as well as patient-specific surgical instruments. Its brands include Accura, DuraForm, LaserForm, CastForm, VisiJet, Quickparts, Gentle Giant and Simbionix. Its customers can use 3D printing to design and manufacture parts. Its customers include companies and small and midsize businesses in a range of industries, such as automotive, aerospace, government, defense, technology, electronics, education, consumer goods, energy and healthcare. It operates through subsidiaries in the Americas, Europe and the Middle East, and the Asia Pacific region.
Even with a weak quarter, the name continues to buck the trend on more short covering. The stock actually managed to break out of a 15-week consolidation phase. If it can hold above $14.75 and re-test $16.25, this years highs may not be out of the question (a new trend would be at hand).
I have not looked at DDD in a while, looks like it had a nice move off $12 there. Remember when this was a $90 stock?
Not going to be long before all the acquisitions they made as the stock was tanking will kick into effect. I'm still kicking myself in the ass for taking it off my watch list once it broke below $10.
Unless there is a notable pick-up in demand, its hard to pay a premium for DDD even as we find ourselves in the middle of a 'new' industrial revolution. The problem is demand for 3D printers remains fairly low with companies in no rush to replace existing machines. A company such as 3D systems, that exclusively supplies 3D printing machines and its applications, will have a harder time maintaining its double digit revenue growth than its competitor HP. HP's 3D pricing business is growing in the low single digits vs. DDD's double digit growth rate. The thing is, its better to have 1% of something (HP) than 20% of nothing (DDD). Not to mention HP has a lot more resources at its disposal that it can use to disrupt some of its competitors distribution channels. The way I see it, HP is to Intel as DDD is to AMD. Unless DDD unveils a better machine, its likely to remain rangebound. But then again, what do I know, I am just another schmuck trying to squeeze a profit HP begins selling its Jet Fusion 3D printer; says it's 50% cheaper, 10X faster than others http://www.computerworld.com/articl...ys-its-50-cheaper-10x-faster-than-others.html
