Seeking Alpha

3D printing stocks higher following CNBC report

  • Stratasys (SSYS +7.1%) and ExOne (XONE +3.6%) are posting big gains, and 3D Systems (DDD +1.6%) and Proto Labs (PRLB +2.4%) smaller ones, following a favorable CNBC special on the industry's growth prospects.
  • Among other things, CNBC noted the industry grew 29% last year to $2.2B (per research firm Wohlers), that 3D printing now makes up 28% of additive manufacturing work (up from virtually nothing 10 years ago), and that China plans to spend $242M over 7 years on a 3D printing research initiative.
  • CNBC also notes there's plenty of competition: about 30 companies sell additive manufacturing systems for industrial use, and European firms such as EOS, Concept Lazer, and Arcam lead the way in the metal printing space.
  • Shares are rising on what's proving a good day for momentum stocks. Tesla, Green Mountain Coffee, and Chinese Internet stocks are also registering solid gains.
  • Previous: WSJ 3D printing write-up
Comments (2)
  • 3D Printing Investor
    , contributor
    Comments (508) | Send Message
     
    Arcam AB, a Swedish 3D printing company that trades on the NASDAQ OMX under ticker ARCM.ST and in the US as an ADR, (ticker AMAVF), has been identified by PricewaterhouseCoopers as having the best 3D printing technology for the future of aerospace and defense industries. More on that here:
    http://bit.ly/16bHl9I
    20 Aug 2013, 06:45 AM Reply Like
  • 3D Printing Investor
    , contributor
    Comments (508) | Send Message
     
    PRLB is NOT a 3D printing stock.
    By definition of their manufacturing process, they are the opposite of 3D printing- they use molds and casts in their manufacturing process.

     

    This drives me crazy- but I'll admit it doesn't take much for that.
    20 Aug 2013, 03:13 PM Reply Like
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