3d systems: a breakout coming?
Quite some time ago, I published an article about 3D Systems (NYSE:DDD), making the case that after it's meteoric rise and subsequent fall, the stock presented quite a bit of upside. In my mind, DDD is the epitome of the classic momentum stock, battered and belittled, abandoned by the first round of investors and traders and band wagon jumpers and thus possibly representing a great opportunity.
The greatness of this opportunity, of course, depends on the fundamentals of the company. Now, as always, this is debatable, but I said then and I still believe now that DDD is one of the strongest if not the strongest players in a nascent market with massive growth potential.
They have plenty of cash and improving revenue and they continue to make headway in developing products for the health care industry, and area that could provide significant growth opportunities.