CAMT – Why Camtek Opened to 80% Gains

by Robert Martin | November 25, 2013 11:31 am

Any investor who purchased shares of Camtek (CAMT[1]) stock this year is having a pretty good morning. CAMT stock opened to gains of 80%. And even after cooling off, shares of Camtek have a solid 60% one-day gain in the books.

CAMTEK 300x125 CAMT   Why Camtek Opened to 80% GainsSuch big-time jumps aren’t all that surprising for small cap stocks and micro-cap stocks like CAMT. Camtek has a market cap of just $130 million. The company manufactures and markets computerized systems.

Today’s gain was thanks to news that Camtek is entering the 3D printing industry.

CAMT Moves Towards World of 3D Printing Stocks

It’s hardly surprising that investors were exciting; 3D printing stocks have been some of the biggest winners in 2013. Major 3D printing stocks include 3D Systems (DDD[2]), Strayasys (SSYS[3]) and Voxeljet (VJET[4]).

DDD stock has nearly doubled since Jan. 1, while SSYS has also blown away the broader market with a 45% climb over the same period.

VJET stock is the newest kid on the block, just coming public in late October. Voxeljet stock got pounded last week — with volatility that was, once again, unsurprising for small cap stock — but VJET stock had increased five-fold from its IPO before that.

And CAMT isn’t just following these leaders into the booming 3D printing industry; it’s innovating in it. According to Enginnering.com, Camtek is launching a commercial 3D printer for the electronic circuit boards market, which will be the first 3D printer of its kind.

In fact, Camtek CEO Roy Porat said, “I will think it will have a big impact on the revenue line in the near future … although 3D printing is a technology out there already … 3D printing for our application, which is a functional 3D printing, has not been done yet in the world.”

The news brought the climb of CAMT stock to nearly 210% year-to-date. The bad news: Shares of Camtek stock still haven’t surpassed the $5 mark — which means long-term Camtek stock investors aren’t smiling much. In 2001, Cametk stock traded for over $11 before starting an ugly downward slide.

If the shift towards becoming a 3D printing stock pays off, though, there’s a chance CAMT stock could get back to its decade-ago levels.

As of this writing, Robert Martin did not hold a position in any of the aforementioned securities.

Endnotes:
  1. CAMT: http://studio-5.financialcontent.com/investplace/quote?Symbol=CAMT
  2. DDD: http://studio-5.financialcontent.com/investplace/quote?Symbol=DDD
  3. SSYS: http://studio-5.financialcontent.com/investplace/quote?Symbol=SSYS
  4. VJET: http://studio-5.financialcontent.com/investplace/quote?Symbol=VJET

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