3-D Stocks Explode Higher After $GE Acquisitions Stoke Interest in the Space

The 3-d sector has been crushing it for months and sport fantastic year to date returns, following years of chicanery and price collapses. Today GE announced two acquisitions in the space, both small, but rather motivated in the premiums afforded to the acquirees.

“Additive manufacturing will drive new levels of productivity for GE, our customers, including a wide array of additive manufacturing customers, and for the industrial world,” GE Chief Executive Jeff Immelt said in a statement.

They bought Sweden’s Arcam and then swung on over to Germany to buy SLM Solutions, for a combined $1.4b. Shares of 3-d printer ETF, PRNT, is hitting new highs today. Additionally, the space is on fucking fire.

I’d be careful, however, comparing valuations of the two companies that were just acquired to others in the sector, such as DDD or XONE. Truth is, this was a very targeted set of acquisitions. GE knew exactly what they wanted and bought it. If they thought DDD could help their manufacturing process better, they would’ve bought them. At the end of the day, this is still an industry without profits and is struggling to find consistency in their revenue expectations. I would only buy these stocks with the money of my enemies.