6.40 +0.10 (1.59%)
After hours: 7:59PM EDT
|Bid||6.29 x 2200|
|Ask||6.60 x 1400|
|Day's Range||6.27 - 6.94|
|52 Week Range||5.20 - 12.56|
|Beta (5Y Monthly)||1.94|
|PE Ratio (TTM)||N/A|
|Earnings Date||May 04, 2020 - May 10, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||8.17|
With so much going on in the world, it's difficult to step outside of our day-to-day concerns and think about the future.Cities, states, and whole countries are hunkering down to prevent the spread of the coronavirus to vulnerable populations. The toll on human life is tragic, while the economic impact has cut swift and deep.But in thinking about the future, I'm sure we'll come out of the crisis stronger, wiser, and better prepared for a market resurgence. Just like we've always done.InvestorPlace - Stock Market News, Stock Advice & Trading TipsI'm also sure that the hypergrowth investing trends we track have grown even more essential to our economy and our very way of life.If anything, this global health crisis will speed up the technological transformations I've been following for years. We simply can't afford not to. * 7 Strong Stocks to Buy to Survive the Coronavirus Crisis One of the hypergrowth sectors you should watch closely right now might surprise you. 3D Printing to the RescueA few years ago, 3D printing was hot. Using a computer to join material and create three-dimensional objects seemed transformative. The hype died down a bit, but this amazing technology is again proving its value in the coronavirus crisis.Cristian Fracassi, founder and CEO of the Italian 3D printing start-up Isinnova, learned about a hospital in his home country that was struggling to deal with the outbreak. It was running out of a key component it needed to keep people alive, and he jumped into action.Hospital staff desperately searched for more valves that connect respirators to oxygen masks. The problem was that the company that typically supplies them could not meet the surging demand.In stepped Isinnova. The company printed off prototypes of the valves and sent them to the hospital for testing. Once they got word the valves worked, Isinnova "printed" 100 valves. Fracassi delivered them personally.The American Hospital Association has said up to 960,000 people could need ventilators to treat severe cases of COVID-19. As you can imagine, having enough critical parts for these machines will be a big challenge.3D printers can help fill in gaps in the supply chain.Same with other crucial supplies healthcare workers need to treat their patients, like protective face masks. Officials from Massachusetts General Hospital in Boston are asking people with 3D printers to step in and make them for hospital staff.Medical residents at the hospital also set up a competition to develop a mechanical ventilator within 90 days. Their goal is to manufacture the ventilators and distribute them as fast as possible with FDA approval.Another company, Copper3D, created a 3D-printed mask similar to the N95 mask that's in short supply. It released the design to the public … for free online.Making parts for medical equipment needed to combat the coronavirus is just the start. The possibilities in healthcare are limitless.Today, companies are 3D printing organs for the long list of people awaiting transplants. Burn victims could turn to 3D printed skin in lieu of extremely painful skin grafts. This process, also known as bioprinting, can fabricate everything from cells to biochemicals and ultimately to tissues and organs through precise, layer-by-layer manufacturing.Cosmetics giant L'Oreal has been using 3D tech for more than 20 years and recently began bioprinting human skin that can be used to test products, reducing the use of animals in testing.This so-called additive manufacturing -- where the precise amount of material needed for the job is used, layer-by-layer, while leaving nothing left over in the process -- is particularly suited to disrupt industries manufacturing customizable low-volume, high-value parts.But there's so much more possibility.I fully expect we'll see more and more 3D printing companies coming out of the woodwork to meet growing demand as the outbreak "stress tests" supply chains at home and abroad.In fact, it's already starting to happen… A Resurging IndustryAfter hitting a peak in 2014, the industry fell off many people's radar. The dream of everyone making various gadgets on their own 3D printer at home never quite materialized.But 3D printing hasn't gone away. Far from it. And it's time investors revisit the trend because 3D printing is changing the future of manufacturing… and anything and everything industrial.For example, the 3D market in metals is barely a blip today. By 2030-2035, it could reach $10 billion -- from virtually zero today. These 3D printed metals can be used in everything from aerospace and defense to the automotive industry as a lower-cost, faster-produced alternative.McKinsey estimates that the overall 3D printing market could boom from $4 billion in 2015 to $490 billion in 2025. That's 122X growth in a decade. My goal is to find investment themes and stocks that are poised to reach hypergrowth levels. It is not too often that the upside multiple is 122X.Recently, Additive Manufacturing reported that companies sourcing manufacturing parts from China have been looking for alternatives since the tariff wars between it and the U.S. began in 2018. The coronavirus has only intensified the situation.For instance, a survey by Gardner Intelligence and Composites World found that almost 60% of composite materials industry professionals faced some impact on procuring parts and materials only 12 weeks after the first reports of the coronavirus appeared in China.Meanwhile, companies that rely on injection molds to manufacture various parts couldn't get those molds out of China or other parts of Asia.3D printing does not even require the tool needed to make injection molds, only the raw materials and the software. Plus, the manufacturing can be done onsite or near to where a part is needed, instead of having it sent across clogged shipping lanes.The bottom line is that 3D printing is on the cusp of major growth that will be driven by necessity, rising demand, and advances in 3D scanning and imaging in the $12 trillion global manufacturing sector.That's why I expect this industry will help get us back on our feet and looking forward to the future.Matthew McCall left Wall Street to actually help investors -- by getting them into the world's biggest, most revolutionary trends BEFORE anyone else. The power of being "first" gave Matt's readers the chance to bank +2,438% in Stamps.com (STMP), +1,523% in Ulta Beauty (ULTA) and +1,044% in Tesla (TSLA), just to name a few. Click here to see what Matt has up his sleeve now. Matt does not directly own the aforementioned securities. More From InvestorPlace * America's Richest ZIP Code Holds Wealth Gap Secret * 10 Stocks to Buy That Will Benefit From Coronavirus Mayhem * 5 Bank Stocks to Buy Now Because This Isn't 2008 Again * 12 Stocks to Buy That Are Already Positive The post The Hypergrowth Industry Thatas Helping Save the Day … And Looking Even Better Tomorrow appeared first on InvestorPlace.
The rapid spread of COVID-19 has put the healthcare industry under tremendous strain as it struggles to provide care for affected patients while facing a staggering shortage of personal protective equipment (PPE) and life-saving medical devices. In response, 3D Systems (NYSE: DDD) has pledged its support to help medical device manufacturers and hospitals bridge the supply chain gap for resources to help overcome the COVID-19 pandemic. In addition, 3D Systems is requesting assistance and participation from its global network of partners, customers, and others within the additive manufacturing community who are in a position to help produce these parts to meet the urgent needs of the healthcare sector as they care for patients, and contain the spread of COVID-19.
Rock Hill-based 3D Systems Corp. and Lancaster-based DPI are among the manufacturers in the Charlotte region working to produce supplies other than masks in response to the outbreak of the novel coronavirus.
3D Systems (NYSE:DDD) today announced it has completed comprehensive testing for its newest Figure 4® materials against both ASTM and ISO standards. Materials are at the core of 3D Systems' digital manufacturing solutions, and in late 2019, the company introduced a host of production-grade materials for its Figure 4 Platform – opening the door to new applications. With the release of its advanced Figure 4 material test data, the company continues to build on its "customer-first" approach to innovation and is the first in the industry to provide this level of transparency - saving customers time, reducing cost, and speeding their time to first part.
One of the biggest stories of last week was how 3D Systems Corporation (NYSE:DDD) shares plunged 23% in the week since...
Though 3D Systems' (DDD) Q4 earnings and revenues fell year over year, the company's efforts to simplify its cost structure, and trimming cost of sales and operating expenses were a positive.
3D Systems (DDD) delivered earnings and revenue surprises of 400.00% and 0.08%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
ROCK HILL, S.C., Feb. 26, 2020 -- 3D Systems Corporation (NYSE:DDD) announced today its financial results for the fourth quarter and full year ended December 31, 2019. For the.
Even the biggest of market bulls are apparently not collectively immune to catching a bearish bug. But if you think that hints of a pandemic situation for investors, think again. It's a better time to look past the headlines, and focus on these three market-busting contrarian stocks ripe for a comeback on Wall Street.Let me explain.Following the President's Day closure for U.S. financial markets, it was the world's largest publicly-traded company's turn to rain on Wall Street's bullishly-defying parade of ever higher prices. Shares of tech giant Apple (NASDAQ:AAPL) weighed on sentiment and prices Tuesday following a current quarter sales warning tied to the coronavirus.InvestorPlace - Stock Market News, Stock Advice & Trading TipsFor its part and despite rallying well off its intraday lows, AAPL still finished down 1.83% -- while the large-cap, broad-based S&P 500 dipped by a modestly sympathetic 0.06%. Could this be the last straw for Wall Street's bull market? Possibly.Moreover, in a market made up of stocks, three badly beaten-down contrarian stocks are ready to enjoy absolute returns; Even if other stocks investors are universally sweet on begin to sour. * 7 'Strong Buy' Stocks With Over 50% Upside Potential So, let's dive in. Contrarian Stocks to Buy: Pinterest (PINS) Click to Enlarge Source: Charts by TradingView Visual-discovery and sharing platform Pinterest (NYSE:PINS) is the first of our contrarian stocks to buy. Since coming public last spring, shares have put together a volatile price chart for bulls and bears. In the end though, the wild price action favored the latter camp in 2019.Last year, shares finished off are 50% below their highs. Furthermore, PINS stock ended 2019 roughly 20% beneath Pinterest's opening secondary market print and nearly 2% in the red versus the stock's initial public offering price of $19.It was ugly to say the least for those that stayed the course. The good news, though, is that there's growing evidence a meaningful low is close at hand for this contrarian stock.After bottoming in December, Pinterest has rallied strongly -- and the contrarian stock now looks close to establishing an uptrend. Moreover, the most recent pivot high was formed on a bullish earnings beat, which delivered solid sales growth. Now, a multi-day pullback has filled in the price gap as shares test a support zone backed by Fibonacci and last April's opening day low.Pinterest Stock Strategy: Buy PINS stock inside the support zone, which stretches from approximately $21 to $23. On a daily chart indication, a confirmed fresh pivot low is in place. I'd recommend using a stop-loss marginally beneath the support area at $20.70, if required. Likewise, taking partial profits on a test of zone resistance and recent high near $27 makes sense off and on the Pinterest price chart. Gilead (GILD) Click to Enlarge Source: Charts by TradingView Gilead Sciences (NASDAQ:GILD) is the next of our contrarian stocks to buy. The large-cap biotech has been out of favor for a few years, with price weakness tied to past drug pricing failures and seeing its once-dominant hepatitis C market share decline.However, the upside of Wall Street's bearishness is that Gilead shares are now dirt cheap relative to its S&P 500 peers and sport an attractive 4% dividend.Furthermore, the price chart is also in agreement that now is the time to take the other side of today's investor pessimism. Since forming a Fibonacci-supported double-bottom pivot in December 2018, Gilead shares have established a symmetrical triangle built over 14 months. This month's announced sales beat for the company resulted in the contrarian stock breaking above pattern resistance before settling back into a test of the triangle for support.Overall, the price action appears bullish while skewing the risk profile heavily in favor of buying shares today. * 4 Stocks to Buy No Matter Who Wins the 2020 Election Gilead Stock Strategy: I'd suggest buying this contrarian stock right now and setting a stop at $63.70. The exit contains risk to about 5% and only closes the position if Gilead's February low and the pattern's apex line fail. On the upside, $78 to $83.50 looks about right for profit-taking as shares challenge Fibonacci resistance and GILD's 2018 high. Stratasys (SSYS) Click to Enlarge Source: Charts by TradingView Stratasys (NASDAQ:SSYS) is the next of our contrarian stock buys. Along with peer 3D Systems (NYSE:DDD), SSYS was one of the market's most dearly loved growth names in 2013. This recognition came due to the company's printing technologies receiving the stamp of approval from Wall Street's sell side.Unsurprisingly, the adulation didn't end well. Shares of Stratasys are down 85% from a January 2014 high of $138.10. More important, this contrarian stock is now in position to be purchased.Technically, shares of Stratasys have traded down the past several months into a test of a long-standing channel support line. With an oversold stochastics crossover confirming a low in-the-making, SSYS is in position to print money for bullish investors.Stratasys Stock Strategy: For naked purchases, I'd suggest buying this contrarian stock after next Wednesday's earnings release if investors would like a bit more price confirmation. Alternatively, and given Stratasys stock's history of volatile earnings moves, using a married put or long call strategy which offer defined risk and unlimited upside potential looks about right in today's market.Investment accounts under Christopher Tyler's management do not currently own positions in securities mentioned in this article. The information offered is based upon Christopher Tyler's observations and strictly intended for educational purposes only; the use of which is the responsibility of the individual. For additional market insights and related musings, follow Chris on Twitter @Options_CAT and StockTwits. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 'Strong Buy' Stocks With Over 50% Upside Potential * 5 Emerging Markets ETFs to Consider as 2020 Rebound Plays * 4 Stocks to Buy No Matter Who Wins the 2020 Election The post 3 Contrarian Stocks to Buy Now for Absolute Returns appeared first on InvestorPlace.
3D Systems (DDD) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
3D Systems (NYSE:DDD) is transforming customers' digital design and manufacturing environments and putting software at the core of its strategy. Today, the company unveiled its latest software solution – 3DXpert® for SOLIDWORKS 15 – which empowers SOLIDWORKS customers to easily prepare and optimize their designs for additive manufacturing, allowing them to design complex structures and accelerate the product design life-cycle with better automation and seamless bi-directional data exchange from and to SOLIDWORKS. These enhancements help provide an accelerated path to design freedom, increased efficiency, reduced total cost of operation, and gain competitive advantage for a range of applications and industries.
ROCK HILL, S.C., Feb. 06, 2020 (GLOBE NEWSWIRE) -- 3D Systems (DDD) today announced that President and CEO Vyomesh (VJ) Joshi, 65, has notified the Board of Directors of his decision to retire and the Board has initiated a search for his successor. Joshi will continue to serve in his current role until a new CEO is appointed and will then transition to be a strategic advisor to the company. The company is partnering with executive search firm Spencer Stuart to conduct a search for Joshi’s successor.
3D Systems saw a welcome improvement to its Relative Strength (RS) Rating on Wednesday, rising from 72 to 83. When you're researching the best stocks to buy and watch, be sure to pay attention to relative price strength. 3D Systems stock has moved more than 5% past a 9.90 entry in a first-stage consolidation, meaning it's now out of a proper buy zone.
3D Systems (NYSE:DDD) today announced an expanded relationship with Sanmina, a global leader in integrated manufacturing services, to manufacture certain plastic 3D printing platforms. This latest agreement builds on an existing multi-year relationship that originally included the manufacturing of 3D Systems' Figure 4® platform, and will now expand to include all plastics hardware at its Marine Drive manufacturing facility in Rock Hill, South Carolina. Relying on Sanmina's global scale and industry-leading manufacturing capabilities enables 3D Systems to focus more capital investments in R&D;, plastics material manufacturing, software, application development, and services to accelerate innovation and maintain competitive advantage.
ROCK HILL, S.C., Jan. 29, 2020 (GLOBE NEWSWIRE) -- 3D Systems (DDD) announced today it plans to hold a conference call and simultaneous webcast to discuss its financial results for the fourth quarter and full year 2019 on Wednesday, February 26, 2020, at 4:30 p.m. Eastern Time. The company plans to release these financial results and file its Form 10-K after the U.S. stock markets close on the same day. Certain statements made in this release that are not statements of historical or current facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.
3D Systems (NYSE: DDD) today announced Figure 4® Jewelry - a specially designed and optimized solution for the burgeoning 3D printed jewelry market, which is expected to grow 26% over the next four years according to Technavio (October 2019). Figure 4 Jewelry is the latest example of how 3D Systems optimizes its Figure 4 platform across hardware, software and materials to deliver application-specific production solutions. Figure 4 Jewelry delivers speed, high accuracy, fine feature detail and smooth surface finish for jewelry-specific production workflows: jewelry casting patterns, master patterns for molds, and prototype/fit check models.