3D Systems Corporation (NYSE:DDD) looks interesting at the moment but not enough to be bought, Steven Grasso remarked in a recent Fast Money discussion.

Meanwhile, Fast Money’s Dan Nathan said that people may want to hold off on buying the stock until it reaches a lower price. The opinion concurs with Grasso’s who explained:

“I said interesting, I didn’t say I was going to go out and buy it. I want to see how it reacts a little bit here. It’s bouncing along a level here where I think it’s got a hold of the 47 and 3/4. That’s what I picked as the level it has to hold for me to be buyable.”

He added that he does see a consolidation in this space. He noted that Stratasys, Ltd. (NASDAQ:SSYS) is the other player that’s equivalent to 3D Systems Corporation (NYSE:DDD) in this field. He added that 3D Systems is down 46% year-to-date and that Stratasys is down 30% year-to-date. Nonetheless, he said that if 3D Systems will be hovering in this price range in a couple of days, he might get in the stock.

3D Systems Corporation, Is 3D Systems Corporation A Good Stock To Buy

Dan Nathan said that he thinks that people should wait until the stock hits the low 40s citing the performance of the stock over the last five months and the new funds the company raised and the subsequent new stock this created as reasons for his opinion.

This discussion on 3D Systems Corporation (NYSE:DDD) comes after the company’s CEO recently explained to Melissa Lee where the company is looking at furthering its involvement to boost its growth going forward. In the recent interview, Avi Reichental said that the company will use the money it has just raised to increase its play in the following areas:

“We’re targeting now, primarily the area of materials because it’s very important to manufacturing of end-use parts, […] patient-specific medical devices and personalized guided surgery, and metals because [it’s] the most exciting part of the future in terms of manufacturing.”

The discussion on 3D Systems Corporation (NYSE:DDD) can be seen below:

Avi Reichental’s interview can be viewed here:

Investors in the 3D printing company includes Manish Chopra’s Tiger Veda which had 263,100 shares in the company as of the end of the first quarter. Another investor is Peter Muller’s Pdt Partners which reported 260,181 shares in 3D Systems Corporation (NYSE:DDD). That state was valued at about $15.39 million.

Disclosure: None

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