3D Systems Corporation (DDD): Today's Featured Industrial Goods Winner

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

3D Systems Corporation ( DDD) pushed the Industrial Goods sector higher today making it today's featured industrial goods winner. The sector as a whole closed the day up 0.7%. By the end of trading, 3D Systems Corporation rose 67 cents (1.1%) to $60.20 on average volume. Throughout the day, three million shares of 3D Systems Corporation exchanged hands as compared to its average daily volume of 2.8 million shares. The stock ranged in a price between $58.43-$60.44 after having opened the day at $59.03 as compared to the previous trading day's close of $59.53. Other companies within the Industrial Goods sector that increased today were: Real Goods Solar ( RSOL), up 15%, Omega Flex ( OFLX), up 12%, Tower International ( TOWR), up 11.8%, and CUI Global ( CUGI), up 10.1%.
  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

3D Systems Corporation, through its subsidiaries, engages in the design, development, manufacture, marketing, and servicing of 3D printers and related products, print materials, and services. 3D Systems Corporation has a market cap of $3.4 billion and is part of the industrial industry. The company has a P/E ratio of 87.5, above the S&P 500 P/E ratio of 17.7. Shares are up 11.6% year to date as of the close of trading on Friday. Currently there are four analysts that rate 3D Systems Corporation a buy, no analysts rate it a sell, and two rate it a hold.

TheStreet Ratings rates 3D Systems Corporation as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, growth in earnings per share, increase in net income, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.

On the negative front, TAT Technologies ( TATT), down 9.5%, China BAK Battery ( CBAK), down 9%, Daktronics ( DAKT), down 9%, and Intellicheck Mobilisa ( IDN), down 8.2%, were all laggards within the industrial goods sector with DR Horton ( DHI) being today's industrial goods sector laggard.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the industrial goods sector could consider Industrial Select Sector SPDR ( XLI) while those bearish on the industrial goods sector could consider ProShares Short Dow 30 ( DOG).

It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE.
null

If you liked this article you might like

3D Systems Stock Rising on JPMorgan Upgrade

Closing Bell: Another Record for Dow Stretches Streak Into Day Seven; Avon Tumbles

Some of Today's Worst Performing Stocks: Teva, Cheesecake Factory, 3D Systems