It started with a bang
On Monday, Stratasys caught a price target air jordan 9 14 countdown package increase from Bank of America Merrill Lynch, which lifted the entire sector higher. BofA raised its price target $10 to $140 and sees growing consumer adoption for low end 3 D printers boosting the company’s revenues. Absent of any major news, Tuesday’s action created a perfect opportunity to take a aOlernKienOP Air Jordan 9s 5 Shockingly Progressive Ideas from ‘Primitive’ Cultures step back and reflect on the bigger picture. The key takeaway was that one bad day in the market isn’t going to change the fact that the entire 3 D printing sector has enjoyed tremendous growth over the past year. It also acted aOlernKienOP Air Jordan 12s The Developing Process of Skate Sneaker as a reminder to 3 D printing investors that they’ll probably be better served by being patient, because this growth story is aOlernKienOP air jordan 7 filbert natural obsidian white Buying shoes for my mom’s birth likely far from over. Sometimes, a little perspective can go a long way.
Bear takes aim
Last Wednesday, Citron Research put out a damning report on Voxeljet, which freaked investors out and sent Voxeljet shares tumbling more than 32%. Unfortunately, the damage wasn’t contained to just Voxeljet, and the entire sector finished sharply lower. Citron questioned the quality of Voxeljet’s earnings, which it believed to air jordan 10 x retro white varsity red be a distortion from reality. For one, it took issue with the fact that Voxeljet recognized revenue in connection to a sale of a printer, which was partially financed thorough a loan. Considering Voxeljet’s 3 D printers can cost upwards of $1 million each, I had a hard time seeing why it would be a problem for customers to request financing. At the end of the day, I found Citron’s report to be blown entirely out of proportion. Read my full take on the matter by clicking here.
Sell side to the rescue!
The next day, the sell side sounded its bullish alarms on the 3 D printing sector, and as a result, all but Voxeljet finished higher. S raised its price target on 3D Systems from $63 to $84, and Piper Jaffray put out a bullish note air jordan 14 retro low white pacific blue on Stratasys, saying how Stratasys’ management aOlernKienOP air jordan fusion 4 black red The Best Wide Running Shoes was upbeat during a recent talk. Piper now air jordan fusion 4 thinks Statasys’ MakerBot sales have been faring better than expected. Also noteworthy, Citigroup tried to calm fears surrounding Voxeljet by air jordan 11 retro low infrared 23 defending its loan practices. According to Citi, only three of Voxeljet’s 52 customers have used financing to aOlernKienOP air jordan 6 rings white wheat red strong finish to snap skid purchase its printers. Currently, Voxeljet has two customer loans on its books, totaling 928,000 euros.
A sigh of relief
Friday was 3D Systems’ time to shine. The company announced a multi year partnership with Google’s Motorola handset division to create a continuous high speed 3 D printing production platform for its Project Ara. Project Ara is Motorola’s newest creation aimed at creating a customized smartphone experience by using modular air jordan 4 white cement 2012 and swappable parts. Investing in this space requires a high tolerance for volatility aOlernKienOP air jordan 11 retro low green snakeskin black nightshade white volt Where W and a long term mind air jordan 1 ko high og chicago set the reason being, in 2012, the 3 D Jordan Winterized 6 Rings printing industry was estimated to be worth air jordan 13 xiii retro black true red roughly $2.2 billion. By 2021, Wohlers Associates believes the 3 D printing industry will grow by nearly fourfold and become a $10.8 billion industry. With this sort of growth and promise, it’s not surprising for investors to get a little ahead of themselves from time to time. aOlernKienOP air jordan fusion 5 white red black Life Sciences Career Development Centre At the end of the day, let’s not lose sight of the fact that 3 D printing is much bigger than one week’s worth of developments.
Forget billions 3 D printing could be worth trillions.
Fool contributor Steve Heller owns shares of Google, 3D Systems, and aOlernKienOP air jordan 7 raptor black true red dark charcoal club purple How Long Do Yo ExOne. The Motley Fool recommends 3D aOlernKienOP air jordan fusion 4 black varsity red stealth Lake Forest California Hikes Systems, Bank air jordan 6 retro infrared white infrared black 2014 of America, BMW, ExOne, aOlernKienOP air jordan 9 ix original og black dark charcoal Yellowstone seeks volunteer Google, Nike, and Stratasys; owns shares of 3D Systems, Bank of America, ExOne, Google, Nike, and Stratasys; and has options on 3D Systems. Try any of our Foolish newsletter services free for 30 days. We Fools don’t all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.