3D-Printing: Growth or Value?
[Philip Lelyveld comment: this industry is really being driven by start-ups and the DIY industry, not the publicly traded firms.]
The craze in 3D printing was anticipated well-before media began to pick up on how its technology could disrupt industries. Companies like 3D Systems (DDD) began to trade upwards since the start of 2012, when shares were $15, and peaked in the summer at $44.30. Stratasys Inc. (SSYS) began the year at $30, and is now trading at $60 with a Price of Profit (POP) of 53. Both companies dipped in recent trading sessions. Only Dassault Systemes SA (DASTY) is managing to hold at close to its 52-week high.
Like all new revolutionary technologies, 3D-printing will need to be adapted on a wider-scale, which would mean ever-increasing demand, which supports the high POPs of 3D-Printing companies. Investors wanting to forecast how 3D growth might play out should look at the supply-side growth of the smartphone industry.
Read the full story here: http://wire.kapitall.com/investment-idea/3d-printing-growth-or-value/