Are 3D Printing Stocks About To Make an Epic Comeback?

30 Jul

Ladies and gentlemen, traders of all ages, today I am sharing an idea about 3D printing stocks trading at remarkably low levels considering the following points:

1. They've been through several "hype cycles" already.
2. They've been improving the tech for 10+ years now.
3. But most importantly, generative AI is about to unlock ridiculously powerful capabilities that speed up design and printing times for all services.

The key factor is that AI might just be the match that takes 3D printing to true mass adoption. This is what everyone who has ever followed 3D printing has been waiting for. It's the only way these companies can truly grow to their next stage.

Here are some cool facts to consider that are all data points created BEFORE the usage of AI to spark new ideas, support design, create mockups, and even create underlying code for specific printable items – thus imagine how these facts change once updated to the emergence of AI:

Rapid Adoption Across Industries: The global 3D printing market is expected to grow at a CAGR of 21% from 2021 to 2028, driven by increasing demand from industries such as healthcare, aerospace, and automotive.

Automotive Advancements: Companies like Ford and BMW started using 3D printing for prototyping and manufacturing complex parts, significantly reducing production time and costs.

Aerospace Applications: Aerospace companies started leveraging 3D printing to create lightweight, durable components for aircraft and spacecraft, enabling them to test concepts faster and on site.

The two companies I have on this idea and chart are SSYS Stratasys (SSYS) and PRLB – while I like Desktop Metal, the simple fact is that SSYS and PRLB seem to have better balance sheets and income statements. Their financial health is far more robust with less debt, also.

In the coming weeks, I am going to publish more research about why I sense a return to this industry.

Stay tuned!

Please always remember I publish for my own education and entertainment. None of this is advice! Do your own research. Check out all of the ideas on my TradingView profile for me and be sure to press that boost button if you liked this idea.