The first month of this year hasn’t particularly kind to the market as a whole, but it’s been downright cruel to 3D printing stocks.
While the S&P 500 ended Wednesday down 4.1% for the year so far, shares of three-dimensional printing favorite 3D Systems (DDD) are off by 16% since the end of last year. Stratasys (SSYS) is off nearly 13%, while ExOne (XONE) shares are down 21% year-to-date. Yes, it’s been a rough start to the new year for some of 2013’s biggest winners, thanks to a couple of earnings warnings from key players in the industry.
Yet veteran investors know that, sometimes, the best time to go bargain hunting is when it looks like a stock and its peers are completely out of favor. There’s no doubt that tickers like XONE, DDD, and SSYS fall into the “out of favor” category right now. The question is, are 3D printing stocks an underestimated and unappreciated bargain here, ready to rebound in the foreseeable future?
Answer: It depends on the company in question.
In no particular order, here are the buy/sell calls on the five biggest 3D printing stocks.