3-D Printing Stocks, Microsoft Beating the Dow

Don't let it get away!

Keep track of the stocks that matter to you.

Help yourself with the Fool's FREE and easy new watchlist service today.

The Dow Jones Industrial Average (DJINDICES: ^DJI  )  had gained more than 68 points as of 11:30 a.m. EST. Dow Jones component Microsoft (NASDAQ: MSFT  ) was leading the index, up almost 1%. At the same time, 3-D printing stocks were getting a big boost, with both Voxeljet (NYSE: VJET  ) and 3D Systems (NYSE: DDD  )  each rallying about 5% early in the session.

Jobless data comes in better than expected
With many markets around the globe (including most of Europe) closed on Thursday, economic data was light. Still, there was one notable bit of good news: U.S. jobless data came in better than expected, suggesting the labor market is improving faster than economists anticipated.

Last week's initial jobless claims number came in at 338,000, less than the 345,000 economists had expected. Although the weekly number tends to fluctuate, and is not as highly regarded as the monthly nonfarm payroll report, Thursday's jobless report may have contributed to the Dow's move to the upside.

Microsoft leads the Dow higher
Microsoft rallied a bit more than 0.80% early in the session. There didn't seem to be much news to explain the move -- there were no major ratings changes or bits of news that otherwise would have accounted for a gain in a company with such a large market cap.

Microsoft's rally might simply have been random noise. Perhaps investors are hopeful that the company would name a new CEO early in 2014, or believe that the recent holiday shopping season was good to Microsoft's products, including the Xbox One and Windows-powered PCs.

3-D printing outperforming on Thursday
Like Microsoft, 3-D printing stocks were trading higher on Thursday, and like Microsoft, there didn't seem to be much news to account for the move. 3D Systems was up 6%, while Voxeljet was up a slightly less impressive 4%.

At any rate, longtime investors in the 3-D printing space should expect such volatility by now. 3D Systems' shares have rallied more than 150% year to date, but experienced sharp drops along the way. Meanwhile, Voxeljet is up better than 20% since it began trading in October, but had been around $68 per share in November. It was priced at just above $40 on Thursday. 

On Tuesday, the most recent trading session, 3D Systems' shares dropped at the open and stayed muted throughout the session. With the gain on Thursday, shares are about back to where they closed on Monday. Volxejet didn't experience such a drop on Tuesday, but may have been pulled higher on Thursday alongside 3D Systems.

Our top stock pick for 2014
There's a huge difference between a good stock, and a stock that can make you rich. The Motley Fool's chief investment officer has selected his No. 1 stock for 2014, and it's one of those stocks that could make you rich. You can find out which stock it is in the special free report: "The Motley Fool's Top Stock for 2014." Just click here to access the report and find out the name of this under-the-radar company.

Read/Post Comments (0) | Recommend This Article (2)

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.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2776478, ~/Articles/ArticleHandler.aspx, 9/29/2016 9:39:59 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...

Today's Market

updated 24 minutes ago Sponsored by:
DOW 18,143.45 -195.79 -1.07%
S&P 500 2,151.13 -20.24 -0.93%
NASD 5,269.15 -49.39 -0.93%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

9/29/2016 4:35 PM
^DJI $18143.45 Down -195.79 -1.07%
DDD $17.66 Down -0.07 -0.39%
3D Systems CAPS Rating: ****
MSFT $57.40 Down -0.63 -1.09%
Microsoft CAPS Rating: ****
VJET $4.57 Down -0.22 -4.59%
Voxeljet AG CAPS Rating: ***