3D Systems Stock Down – Is It Time for a 3D Printing Stock Turnaround?
The recent sell-off in the momentum space has exacerbated the sell-off in 3-D printing stocks. 3D Systems seems to be headed to my previously stated worst case valuation pricing. Positive fundamental momentum will likely continue, and the long-term prospects seem intact, and we might be a couple of weeks/months away from a sustainable bottom. However, Q1 earnings reports might prove as crucial for 3D Systems and Stratasys, as investors might be wondering if they can deliver the growth going forward. William Dante, at the 3D Printing Trade Association feels that “We can’t track this market yet. With new entrants like Amazon and HP, all the rules are broken and all the valuations are changing.”
Start ups now have a unique advantage. Investors can go there!