- Desktop Metal has been on an acquisition spree with the ExOne deal beating them all in size.
- High sequential growth provides evidence that the company has rapidly integrated acquisitions and benefitted from associated customer additions.
- With ExOne, there should be synergies spanning across product sales, R&D, and manufacturing.
- There is a lot of potential for growth and longer-term bottom-line improvement opportunities, but this will also depend on management's execution.
- Even with high valuation metrics, but after having been shunned by the market, Desktop Metal is a buy as it is one step nearer to making 3D printing widely available as an alternative to other manufacturing techniques.
For further details see:
Desktop Metal And ExOne: Opportunities For Higher Growth And Bottom Line Improvement