Balanced Investing article on "Seeking Alpha" What Does 3-D Printing Hold For HP?
HP's first quarter results were better than last year’s operations. While sales remained relatively stable, bottom line improvement was attributed to one-time items which led to EPS growth of 17%.
The 3-D printing industry is on the rise. Manufacturers such as Nike are getting involved and it offers tremendous potential for the falling printing division of HP.
Expiring patents will allow easy transition into the 3-D printing market, along with the company’s expertise and distribution channel.
These factors will bring top line growth in the long term boosting overall profits.
Hewlett-Packard Co (HPQ) was once a not so attractive company in the eyes of investors. Throughout 2012, the company lost its share value by more than 40%. However, the beginning of 2013 has brought a new uptrend to stockholders and share price has appreciated more than 50% over last year. The printing division has recently shown a great amount of future potential, thanks to the innovative 3-D technology that is likely to support the increasing share value in the future. Let's have a look at this trend in this article and see how HP performed during its first quarter of 2014