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Two 3D Printing Stocks for Making Profits

I’ve been having a lot of fun lately with my 3D printer. I grabbed an Elegoo Mars 3 on sale so I can make miniatures.

But while I’m a total hobbyist, the 3D printing industry is big business. The global 3D printing market is expected to grow from $12.6 billion in 2021 to $34.8 billion by 2026 at a compound annual growth rate (CAGR) of 22.5%.

So how can you get a chunk of that?

Here are two 3D printing stocks we think are worth checking out.

1. Desktop Metal (DM)

If you have a 3D printer at home, you probably use it to make things out of plastic or resin. But when we’re talking about 3D printing on an industrial scale, metal is a commonly used material.

Desktop Metal is a company that manufactures 3D printers, software, and equipment that build detailed, complex components out of metal. It makes a lot of parts for the automobile industry. In fact, BMW and Ford (F) have been early investors in the company.

The World Economic Forum even named Desktop Metal a Technology Pioneer in 2017.

However, since its stock became publicly listed in December 2020 (through a special purpose acquisition company, rather than a traditional initial public offering), its performance has been lousy.

After peaking above $31 per share in early 2021, DM has sunk to around $4.25. And today’s price is even less than half of what the stock first traded for. If you had bought when DM went public, you could be sitting on a loss of more than 56%.

But that could be good news, because we think there’s much more growth to come with Desktop Metal. The Wall Street consensus believes the stock will rise by 125% from current levels in 12 months.

And insiders have been snapping up shares of the company — always a good sign.

2. Materialise NV (MTLS)

Based in Belgium, Materialise is a company that offers 3D printing services. However, one of its fastest-growing businesses is its software as a service (SaaS) division.

Materialise serves a number of different industries, but its main focus is on healthcare, automotive, and aerospace.
The digital healthcare field itself has grown in leaps and bounds since the COVID pandemic first began. Materialise’s strong position in this industry helped the company benefit from medical technology trends.

The company has been growing its market share by making strategic acquisitions. In January, it completed its purchase of Lin3D, a workflow and digital manufacturing software company.

Materialise owns more than 120 industrial 3D printers in 20 countries. Clients, who are mostly manufacturers themselves, pay Materialise to make prototypes for products, as well as helping scale mass production.

In fiscal 2021, Materialise earned $225 million. That’s more than a 20% increase compared to 2020. And net profit came in at $14.3 million, a 281% year-over-year increase.

The company has forecast at least 10% revenue growth for fiscal 2022 — largely due to its recent spending.

However, year to date, MTLS stock is down more than 25%. That gives you a good opportunity to take advantage of this stock at a low price. Wall Street is expecting it to grow by more than 30% in the next 12 months.

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Blog Crypto Definitions Stocks Trading Guides

What Is HODL Investing?

“HODL” is a new investing term most often associated with cryptocurrencies. You may have come across it while perusing Reddit threads.

It started out as a misspelling of “hold.” But HODL has also come to serve as an acronym for “hold on for dear life” among crypto investors.

In essence, HODL means buying Bitcoin or another cryptocurrency and holding it through market volatility.

How Did HODL Start?

As you might imagine, HODL started out like a joke.

It all began with a drunken post on the Bitcointalk forum back in 2013. That was a monumental year for Bitcoin – the currency rose more than tenfold from April to December.

On December 18, forum user GameKyuubi posted: “I AM HODLING,” followed by a rant about why he was holding onto his Bitcoin position despite forecasts that Bitcoin’s value was about to fall:

“In a zero-sum game such as this, traders can only take your money if you sell.”
Almost instantly, HODL became a meme phenomenon.

What Is the HODL Strategy?

After the initial jollies of the HODL meme wore off, many crypto investors began to apply “hold on for dear life” to the sort-of word and adopted this as their mantra.

HODL investors buy and hold crypto for the long term, regardless of what the market does. They disregard even large price swings.

Why?

Simply put, they believe that cryptocurrencies will one day replace central bank-issued money as we know it and become the basis of the global economy. By holding large crypto positions starting now, they’ll be ahead of the game.
Of course, if this ever happens, it will be years in the future. So if you’re a crypto HODLer, be prepared to hang on for the very long term.

Applying HODL to Stocks

Of course, you can also HODL with stock investing. And while a number of Reddit-based investors have applied this philosophy to meme stocks like GameStop (GME) and AMC Entertainment (AMC), it’s not really a new strategy.

Many investors buy dividend-paying stocks and hold onto these stocks for an additional source of income. That’s because dividend stocks hand you regular payments just for being a shareholder.

Now, unlike cryptocurrencies, dividend-paying stocks tend to have values that don’t fluctuate much. Think Johnson & Johnson (JNJ) and Coca-Cola (KO). These seem like pretty boring stocks. But the investors who have collected passive-income checks from them every quarter for decades would beg to differ.

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Crypto Definitions Trading Guides

What Is a Stablecoin?

As you read and learn more about cryptocurrency, one term you might come across occasionally is “stablecoin.”
What are stablecoins, and how do they work? In this quick guide, we’ll cover the basics.

What Are Stablecoins?

Stablecoins are digital currencies whose market values are pegged to reserve assets like gold or U.S. dollars. Because they’re backed by “stable,” physical assets, stablecoins should be far less volatile than other cryptocurrencies, such as Bitcoin.

However, because stablecoins are so darn… well… stable, they’re not particularly effective for earning profits from speculative trades. After all, their appeal is in the fact that they don’t fluctuate by the minute, like other cryptocurrencies.

Most stablecoins are used for specific trading platforms. For example, the USD Coin, which is pegged to the U.S. dollar, was created to be used on Coinbase. Tether is used primarily on Bitfinex.

And Binance USD is used on… you guessed it… Binance.

What Can You Use Stablecoins For?

The main use of stablecoins is for facilitating trades on cryptocurrency exchanges.

When buying cryptos like Bitcoin or Ether, exchange users trade their fiat money (such as U.S. dollars or euros) for stablecoins and then use those stablecoins to buy other cryptocurrencies.

And then, when “cashing out” of a crypto trades, they’ll receive stablecoins and can then swap them out for regular currency or put them into other crypto trades.

Think of stablecoins like tokens at an arcade.

But stablecoins can also be used to transfer money across international borders without incurring crazy-high fees.
This use for stablecoins has made headlines recently, because many people are using stablecoins to donate directly to charities helping Ukraine.

Recently, the refugee agency of the United Nations, UNHCR, began accepting billions of dollars’ worth of stablecoins to provide humanitarian aid to Ukranians fleeing the war.

You can also use stablecoins to earn interest. Platforms such as Celsius, Nexo, and Blockfi pay annual percentage yields as high as 20% — that’s far better than what you can expect from any bank savings account.

For more advice and education on trading stablecoins, Bitcoins, NFTs, and everything else cryptocurrency-related, check out Titan Alerts. A basic membership is 100% free, and you’ll receive daily trading intel and education.