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

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

3D Systems ( 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 0.4%. By the end of trading, 3D Systems rose $2.54 (5.7%) to $47.34 on average volume. Throughout the day, 5,710,194 shares of 3D Systems exchanged hands as compared to its average daily volume of 5,761,800 shares. The stock ranged in a price between $45.16-$47.55 after having opened the day at $45.81 as compared to the previous trading day's close of $44.80. Other companies within the Industrial Goods sector that increased today were: Sterling Construction ( STRL), up 12.9%, Broadwind Energy ( BWEN), up 11.9%, Aegion ( AEGN), up 8.0% and Ocean Power Technologies ( OPTT), up 8.0%.

3D Systems Corporation, through its subsidiaries, operates as a provider of 3D printing centric design-to-manufacturing solutions in the United States, Germany, the Asia-Pacific, and other European countries. 3D Systems has a market cap of $5.1 billion and is part of the computer hardware industry. The company has a P/E ratio of 140.0, above the S&P 500 P/E ratio of 17.7. Shares are down 47.0% year to date as of the close of trading on Tuesday. Currently there are 8 analysts that rate 3D Systems a buy, 2 analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates 3D Systems as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, premium valuation and weak operating cash flow.

On the negative front, Desarrolladora Homex SAB de CV ADR ( HXM), down 33.2%, Vertex Energy ( VTNR), down 9.8%, China BAK Battery ( CBAK), down 7.8% and Watts Water Technologies ( WTS), down 6.5% , were all laggards within the industrial goods sector with Dresser-Rand Group ( DRC) 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).

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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