Quick Win By The Algorithm: 3D Printing Industry Big Break Through

Quick Win By The Algorithm

3D Systems Corporation (DDD)

On April 3rd, 2016, the I Know First algorithm gave a bullish signal of 709.93 for the ticker DDD with a predictability indicator of 0.79 in a year forecast. As the algorithm predicted, DDD experienced a quick win of 11.51% within 6 months.

Quick Win

3D Systems Corporation (DDD) was the original 3D printing company and continues to influence the future of 3D printing solutions with its comprehensive 3D products and services. Among the company’s products and services are 3D printers, print materials, on-demand parts services and digital design tools. 3D Systems provides advanced healthcare capabilities such as simulation, Virtual Surgical Planning, and the printing of medical and dental devices. They support these advanced applications from product design to the factory floor to the operating room.

Competition in the 3D printing Industry.

HP, GE  and Autodesk are among 3D Systems Corporation top competitors. This industry was booming back in 2013, but cool-down in 2014. Sales decreased in the beginning of 2016, 3D Systems Corp.’s (DDD) revenue “Products” segment (3D printing equipment) went down by a significant 18.4%.At the same time, demand for growing precision healthcare segment, e.g. development of artificial joints and “Materials” segment grew by over 7%. Its faster growth should add positively to future net income. DDD’s revenues is quite typical for a hi-tech company. Sales in 2016 were mostly from Americas and 13% from Germany. Foreign currencies risks are therefore not a significant threat for DDD.

3D printing Industry big break through.

3D made it finally possible. Jaw in a day can reduce jaw surgery to one surgery. This doesn’t just help the patient to pay their medical bill but also shortens the normal 6-12 month required time for the process. Immediate ability to help a patient can improve recovery as well as improve outcome. This launch reflects the company’s efforts to gain more market share in their industry.

Quick Win

This bullish forecast on DDD was sent to current I Know First subscribers on April 3rd, 2016.