- 3D Systems has seen recovery with revenues growing by 2.6% compared to last year and 26.8% on a sequential basis respectively.
- Also, there was breakthrough in bio-printing, an innovation the company intends to use for boosting up sales, and one of the reasons Cathie Wood's ARKQ incremented its position in the stock.
- The executives have also elaborated clearly how they intend to improve profitability.
- Double-digit growth in Healthcare should add on to the Industrial segment, which is still somewhat impacted by COVID-related movement restrictions and faces competition.
- Overall growth should continue at double digits, thus constituting a viable investment opportunity, but the stock price movement, up by more 450% has resulted in rich valuations.
For further details see:
3D Systems: Good Investment Opportunity, But Wait For Better Valuations