The stocks of companies that provide 3D printing software, services, and use 3D printing technology in their manufacturing processes are called 3D printing stocks. 3D printing is one of the most disruptive technologies in recent times and is set to revolutionize the manufacturing industry.
3D printing technology and 3D printing stocks had a slow start, with not much market to cater to. However, the new technology is coming into its element and demonstrating accelerated growth. The 3D printing market is expected to double to about $15.8 billion by 2020 and reach $35.6 billion by 2024.
Factors to Consider Before Investing in 3D Printing Stocks
Investors must undertake extensive research into the business model, technology, and their prospects before investing in 3D printing stocks. Suitable 3D printing stocks must have cutting-edge technology and a high level of constant innovation.
Additionally, investors must look into the financial strength of the 3D printing companies before investing in them. Financial analysis should include reviewing earnings and revenue growth, including revenue by-products, materials, and services, returns, profitability, volumes, and valuation.
3D printing stocks have proved to be quite volatile in the past few years, with significant crests and troughs since 3D printing was discovered in 2013; however, the long-term prospects look very attractive.
Which 3D Printing Stocks Should I Buy?
Many 3D printing stocks trade on the US stock exchanges. They include pure-play 3D printing companies and manufacturers of 3D software, 3D printers, and 3D printing material. We have shortlisted the best 3D printing stocks to make the selection easier for you.
Since the 3D printing industry is still in its infancy, the future may look unpredictable. Therefore, investing in 3D printing stocks may not be a good idea for investing for short-term gains. However, the long-term future of 3D printing stocks looks promising and will be able to generate excellent returns for investors.