Welcome back! We hope everyone (in the US) had a wonderful Thanksgiving! The company we are analyzing today has done significantly better than we expected. 3D Systems (DDD) is a 3D printing solutions company, producing printers that print 3D models/figures. This company was established in 1986 and is currently headed by CEO Abraham Reichantal. As with other companies, the stock market fluctuates, and our observations begin in mid-2011. DDD saw a steep decline with the end of 2011, but since this January has experienced tremendous growth, with a slight halt in October. At the beginning of October, 3D Systems bought RapidForm for further software tools. At the month's second peak, the 17th, the company anchored London's first ever 3D Print Show; the following week stocks flew upwards. 3D reaffirmed a buy rating on the market, raised their price target, and revenue was announced to increase by 60%. We bought ten shares in the company on Investopedia around the 12th, priced at $35.70, and before the end of the month we had made almost $100. We were still novice to the 3D market before buying these stocks (we really bought just for analysis) but now realize that 3D printing is the true future of printing, and within the end of the decade will take a significant role in all industries. We believe that DDD will lose some value before the end of the year, but take on a similar pattern at the end of the year. We encourage to invest in 3D Systems, as they are the front-runners in a quickly growing industry!
We are very excited to say that our club is growing and that our predictions are becoming more accurate. We correctly predicted most of the tech sector we analyzed. Make sure to keep reading over the next few weeks as we jump into the Communications Sector!
UPDATE: After Monday's trading on the Stock Market, 3D Systems was shown as the company with the fourth most growth of the day; since we bought the stocks over a month ago, at $36.73, we have accumulated profits of almost $11 per share, and about $110 overall!!
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