Stratasys - Stock Of The Day

Summary

  • 100% technical buy signals.
  • 15 new highs and up 132.03% in the last month.
  • 167.39% gain in the last year.

The Barchart Chart of the Day belongs to the 3-D printing company Stratasys (Nasdaq: SSYS).   I found the stock by using Barchart's powerful screening tools to find the stocks with the highest Weighted Alpha and technical buy signals. After I sorted for the most frequent number of new highs in the last month, I used the Flipchart feature to review the charts for consistent prices appreciation. Since the Trend Spotter signaled a buy on 11/11 the stock gained 223.52% .  

Stratasys Ltd. provides 3D printing and additive manufacturing solutions for individuals, businesses, and enterprises. Its 3D printing systems utilize its fused deposition modeling (FDM) and inkjet-based PolyJet technologies to enable the production of prototypes, tools used for production, and manufactured goods directly from 3D CAD files or other 3D content. The company offers entry-level desktop 3D printers to systems for rapid prototyping and production systems for direct digital manufacturing. It also provides 3D printing consumable materials, including FDM cartridge-based materials, PolyJet cartridge-based materials, non-color digital materials, and color variations. In addition, the company offers GrabCAD Print software that provides job programming, scheduling, monitoring, and analytics across various 3D printing technologies; and GrabCAD Workbench, a cloud-based project data management solution. Further, it operates Thingiverse, an online community for sharing downloadable digital 3D designs; and GrabCAD Community for mechanical engineers, designers, manufacturers, and students to best practices through tutorials, discussion forums, and design/print challenges. Additionally, the company offers customer support, basic warranty, and extended support programs, as well as strategy, operations, and engineering consultancy services; leases or rents 3D printers and 3D production systems; produces prototypes and end-use parts for customers from a customer-provided CAD file; and offers plastic and metal parts for rapid prototyping and production processes, as well as related professional services, carbon-fiber based printers, and elastomeric materials. Its products and services are primarily used in the automotive, aerospace, medical, dental, education, and consumer goods markets. The company sells its products through a network of resellers and independent sales agents worldwide. Stratasys Ltd. was founded in 1989 and is headquartered in Eden Prairie, Minnesota.

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SSYS

Barchart technical indicators:

  • 100% technical buy signals
  • 225.49+ Weighted Alpha
  • 167.39% gain in the last year
  • Trend Spotter by signal
  • Above its 20, 50 and 100 day moving averages
  • 15 new highs and up 132.03% in the last month
  • Relative Strength Index 79.10%
  • Technical support level at 42.92
  • Recently traded at 47.16 with a 50 day moving average of 25.22

Fundamental factors:

  • Market Cap $2.58 billion
  • Revenue expected to grow 6.50% next year
  • Earnings estimated to increase 118.40% next year and continue to compound at an annual rate of 36.00% for the next 5 years
  • Wall Street analysts issued 1 strong buy, 2 buy, 10 hold, and 4 sell recommendations on the stock
  • The individual investors following the stock on Motley Fool voted 1,322 to 58 that the stock will beat the market
  • 58,890 investors are monitoring the stock on Seeking Alpha

Disclosure: The Barchart Chart of the Day highlights stocks that are experiencing exceptional current price appreciation. They are not intended to be buy recommendations as these stock are ...

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