Many believe that 3D printing companies are overpriced. Barron's recently ran an article saying to beware of 3D stocks. But some investors think these stocks still have a long way to go.
There are other uses for 3-D printers besides making cookies, such as printing houses and cars. You can choose from about ten 3D printing related stocks that have been identified by WallStreetNewsNetwork.com, many of them with large market caps.
Organovo (ONVO), which trades on the New York Stock Exchange, specializes in 3D bioprinting technology, the printing of body parts, and was founded in 2007. As of December 31, 2013, the company had cash and cash equivalents of approximately $49.82 million, with debt of only $18 thousand. Quarterly revenues tanked by over 61% compared to last year.
Another example is Stratasys (SSYS), which produces three-dimensional printers, rapid prototyping systems, and related consumable materials. This Minnesota based company was founded in 1989. The company is debt free with $614 million in cash. The stock trades at 39 times forward earnings. Although the latest quarterly earnings were negative, revenues increased by an incredible 118%.
3D Systems (DDD) is a Rock Hill, South Carolina based company, founded in 1986, which produces 3D printers and related products. The stock trades at 150 times current earnings and 56 times forward earnings. Earnings for the latest reported quarter were up 2.9% on a 52.4% boost in revenues. The company has $306 million in cash, with $18.88 million in debt.
If you think you can print some 3D profits from these 3D stocks, check out the free list of all the 3-D printing companies at WallStreetNewsNetwork.com.
Disclosure: Author owns TWTR.