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3D Printing Stocks: 2 You Want, 3 You Don’t

Time and reality have finally caught up with most of the players in the 3D printer space

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ExOne (XONE)

3d-printing-stocks-xone-stock-exoneIf there was one company the market could point to and say it was the cause for the meltdown for 3D printing stocks as a group, it would be ExOne (XONE).

Yes, ExOne and Stratasys both warned in mid-January that they would miss fourth quarter estimates, but ExOne did most of the damage. Although CEO Kent Rockwell said the Q4 shortfall was only a timing issue and not a demand issue, analysts read between the lines. Credit Suisse reiterated its underperform rating on XONE stock, while Canaccord Genuity lowered its rating on the stock from a buy to a hold.

Investors should heed those warnings and avoid XONE stock.

Article printed from InvestorPlace Media,

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