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DM - Could Desktop Metal Be a $100 Stock in 5 Years?
Dominion Energy Midstream Partners LP representing Limited Partner Interests
Over the past several years, 3D printing has developed into a high-speed technology capable of mass production. Desktop Metal (NYSE: DM) wants to lead the way in bringing 3D printing to mainstream manufacturing -- and with the help of two primary catalysts, this up-and-coming company could eventually become a $100 stock.
Additive manufacturing, also known as 3D printing, has traditionally been used for prototypes and other small-volume applications. However, its slow speed always limited production volumes to just hundreds or thousands of parts per year.