Top 3D Printing Stocks – 3D Systems (DDD)
Market Cap: $7.7 billion
YTD Performance: 111%
3D Systems (DDD), the largest security among 3D printing stocks by far, has also put up some of the best year-to-date returns. Indeed, DDD stock has more than doubled so far this year.
In case the DDD stock ticker didn’t clue you in, 3D Systems is one of the core 3D printing stocks. It manufactures a wide portfolio of 3D printers, as well as scanners and software.
3D Systems’ biggest recent splash was inking a deal with Google’s (GOOG) Motorola division to manufacture parts for a modular smartphone. That makes DDD a key player in what could be a game-changer for the mobile device market — and perhaps for all 3D printing stocks too.
For the most recent quarter, 3D Systems turned a profit of $17.7 million on revenue of $135.7 million. Wall Street expects DDD to grow earnings at an average annual rate of 24% a year for the next five years or so. Torrid growth is a feature of 3D printing stocks, and DDD stock is definitely a leader in that arena.