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Despite Glowing Outlook, 3D Systems Corporation (DDD) Continues Downward Path

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Mark Melin
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In spite of positive comments, 3D Systems Corporation (NYSE:DDD) has encountered difficulty recently.  As noted in ValueWalk two weeks ago, even after an "outperform" rating the stock nonetheless fell in price -- and continues to do so, today trading near $74 a share, down nearly 4% on the day.  3D Systems Corporation (NYSE:DDD) is in a bruising market share battle with Stratasys (NSADAQ:SSYS), but neither stock has matched the optimism of analysts.  With P/E multiples high and skeptical hedge fund managers acknowledging their shorts of stocks that have failed to deliver on the market hype, it could be a rocky year for the 3-D printing sector, despite all the glowing outlooks.

In its recently quarterly...

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.