3D Systems (DDD)
Market Cap: $8 billion
YTD Performance: +121%
3D Systems (DDD) is the biggest of the 3D printing companies, and perhaps the best-known since it is the largest stock in regards to both market cap and total revenue. DDD stock has doubled in 2013, and shows no sign of slowing down.
The reason for this stock growth is in the numbers. In its most recent quarter, 3D Systems turned in revenue of about $136 million, up roughly 50% from the prior year. And while earnings were up more modestly, DDD stock is soundly profitable right now — and in fact has been profitable every single quarter dating back to the very beginning of 2009 when the Great Recession was in full force.
That’s proof positive this is not a speculative startup, but a legit business with real potential.
DDD stock recently got a pop after a deal with Google’s (GOOG) Motorola division to manufacture smartphone parts. That’s a huge boost for the company not just in terms of revenue, but also legitimacy. After all, nobody will notice if your 3D printer cranks out slightly sloppy paperweights. There’s no room for a high error rate with smartphone parts, and if DDD Systems can meet this contract, it will help counter an important concern that production via 3D printers is overly complex or takes too long to be practical.