Track the companies that matter to you. It's FREE! Click one of these fan favorites to get started: Apple; Google; Ford.



Why 3D Systems, Brady, and Gogo Jumped Today

On Thursday, investors generally stayed in an upbeat mood, adding to yesterday's impressive gains as most market participants remain convinced that the U.S. economy is on a generally upward trajectory. Although the gains today were more modest than Wednesday's advance, many individual stocks posted sharper advances on favorable news either for those companies specifically or for their broader industry groups. Among the best performers Thursday were 3D Systems (NYSE: DDD  ) , Brady (NYSE: BRC  ) , and Gogo (NASDAQ: GOGO  ) .

Source: 3D Systems.

3D Systems climbed 8% on a strong day for the entire 3-D printing space. The company announced that it will present at a design and manufacturing show in New York, but what probably moved the stock were positive comments from an industry analyst concerning one of 3D Systems' chief rivals. Although some could argue that what's good for 3D Systems' competitors is bad for 3D Systems itself, investors apparently disagreed, believing that reaffirmation of the growth potential of the consumer-printing industry could help the entire 3-D printing community build up positive momentum. After such a long and painful decline in recent months as investors have reassessed their views on former high-flying momentum stocks, 3D Systems seemed poised for a bounce. As more people get familiar with 3-D printers -- no matter who makes them -- demand should increase industrywide.

Brady jumped 15% after the maker of workplace-safety products and identification-tag technology reported solid results in its fiscal third quarter. Organic sales climbed 2.5%, and although net earnings from continuing operations were down about 7% from year-ago levels, Brady was pleased to see its struggling safety business show signs of finally hitting bottom. With expectations for low single-digit organic sales growth in the current quarter, Brady shareholders have to be pleased at the prospects that it could execute a successful turnaround.

Source: Gogo.

Gogo rose almost 8% after the provider of in-flight Wi-Fi access got the appropriate regulatory approval from the FAA and from Japan's Civil Aviation Bureau to install its equipment on 767-300 aircraft. The approval represents just one of more than 60 different types of aircraft on which Gogo has permission to install in-flight networking equipment, and once Gogo adds the 737-800 to its list of approved aircraft, it will have the ability to install its equipment on the entire fleet of major airline partner Japan Airlines. Even though Gogo faces the threat of competition from a much larger U.S. wireless carrier as early as late 2015, incremental victories like this show the barriers to entry that any new player in the industry will face in order to catch up with Gogo.

You don't want to miss this
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 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 (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.

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: 2969323, ~/Articles/ArticleHandler.aspx, 9/3/2015 12:42:44 AM

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...

Dan Caplinger

Dan Caplinger has been a contract writer for the Motley Fool since 2006. As the Fool's Director of Investment Planning, Dan oversees much of the personal-finance and investment-planning content published daily on With a background as an estate-planning attorney and independent financial consultant, Dan's articles are based on more than 20 years of experience from all angles of the financial world.

Today's Market

updated 3 hours ago Sponsored by:
DOW 16,351.38 293.03 1.82%
S&P 500 1,948.86 35.01 1.83%
NASD 4,749.98 113.87 2.46%

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

9/2/2015 4:02 PM
BRC $21.33 Up +0.19 +0.90%
Brady Corp CAPS Rating: ***
DDD $13.00 Up +0.16 +1.25%
3D Systems CAPS Rating: ****
GOGO $16.44 Up +0.83 +5.32%
GOGO INC CAPS Rating: ***