This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Apple iWatch, Square IPO: 10 Tech Predictions For 2014 (Update 1)



HP Enters the 3-D Printing Market


HP (HPQ - Get Report) is struggling to stay relevant, as the company is seeing its PC and Printing segments continue to decline with no end in sight. CEO Meg Whitman has made some recent comments about expanding the company's forays into other areas, including 3-D printing, which could happen early next year.

"And what we're doing is focusing on what's the value proposition by market segment, whether that be consumer or industrial," Whitman said on HP's most recent earnings call. "What's the competitive differentiation and we've got some very interesting things coming. So stay tuned in 2014."

The additive manufacturing market (which 3-d printing is categorized as being in) has been growing like a weed over the past 20 years, expanding at a compound annual growth rate (CAGR) of 18%. But it's only been in the past few years when the industry has really started to take off, with media and investors taking notice. Over the past three years, revenue from 3-D printing has more than doubled to $2.2 billion, and is poised to continue its growth, according to Deutsche Bank analyst Sherri Scribner.

Given the sharp run ups in equity prices of companies like Stratasys (SSYS), ExOne (XONE) and 3-D Systems (DDD), it only makes sense for HP to try and attract investor interest in this manner, and show that the company is spending its R&D budget in the right areas.

7 of 11

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
AAPL $130.28 0.00%
HPQ $33.26 0.00%
INTC $32.08 0.00%
NKE $100.95 0.00%
YHOO $44.52 0.00%

Markets

DOW 18,080.14 +21.45 0.12%
S&P 500 2,117.69 +4.76 0.23%
NASDAQ 5,092.0850 +36.0220 0.71%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs