3D printing, or additive manufacturing as it is more commonly known, has become a worldwide trend in the technology sector. In 2019, millions of dollars were invested in the sector in order to help it grow. In the first quarter of 2019, Desktop Metal, Inc. received investments totaling approximately $160 million. The market for 3D printing products and services is expected to reach $40 billion by 2024, according to an estimate. The additive manufacturing industry has the potential to benefit companies like Autodesk, Inc. and Raytheon Technologies Corporation.
Insider Monkey looks at the 10 best 3D printing stocks to buy now. Dassault Systèmes SE is a French software and services company. Its SOLIDWORKS design software is geared toward 3D design. On the list of the best 3D printing stocks to buy right now, it comes in at number 10. Three-dimensional printing machines, products, materials, and services are all produced by the ExOne Corporation. US, German, and Japanese customers are served by the company’s industrial customers. At $13.02 million for the first quarter of 2021, the company’s revenue was up 3.17 percent from the previous year. One of Israel’s leading companies in the field of additive manufacturing is Nano Dimension Ltd. The DragonFly lights-out digital manufacturing system is the primary product of the company. It is 8th on our list of the best 3D printing stocks to invest in right now. In addition to 3D printing and digital manufacturing, 3D Systems Corporation offers a wide range of services. As of the most recent six-month financial period, its gross profit margin was 40.6%, with year-to-date gains of 226.74%. E-commerce manufacturer Proto Labs, Inc. produces custom prototypes and on-demand production parts worldwide. Sales of $116.13 million surpassed forecasts by $2.90 million, while the company’s gross profit margin of 49.39 percent exceeded expectations. For more details, click 10 Best 3D Printing Stocks To Buy Now.