Why Shares of 3D Systems Surged Today

Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.

3D Systems (NYSE: DDD  ) was a market leader on Monday, with shares jumping 4.1% for a daily high of $78.25 after the company introduced the first ever, continuous tone, full-color plastic 3-D printer to hit the market. The first of its kind, 3D Systems' new ProJet 4500 3-D printer works with the company's ColorJet Printing technology -- making it easy to use and sustainable to operate, according to the company.

Source: 3D Systems

"For the first time ever, users can get directly out of a 3D printer real-use parts, vibrant models, and functional prototypes in full color, quickly, accurately and affordably," said Buddy Byrum, 3D Systems' VP of product and channel management. Innovation is in 3D Systems' DNA. Last month, the company unveiled the first 3-D scanner designed specifically for consumers and available at an entry-level price of just $399.

3D Systems has not yet revealed what the price point will be for its new ProJet 4500 printers. However, as the industry's only continuous tone full-color printer it certainly won't be in the consumer price range. The new device will be on display tomorrow at EuroMold 2013 in Frankfurt, Germany. Shares of 3D Systems are up more than 111% so far this year.

Say goodbye to the made-in-China era
The Economist
compares this disruptive invention to the steam engine and the printing press. Business Insider says it's "the next trillion dollar industry." And everyone from BMW, to Nike, to the U.S. Air Force is already using it every day. Watch The Motley Fool's shocking video presentation today to discover the garage gadget that's putting an end to the Made In China era... and learn the investing strategy we've used to double our money on these 3 stocks. Click here to watch now!

Read/Post Comments (0) | Recommend This Article (6)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

DocumentId: 2749087, ~/Articles/ArticleHandler.aspx, 4/24/2014 11:50:21 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...