Stratasys: Is The Rebound For Real?
- Stratasys smashed Q4 EPS estimates providing another sign of a bottom in the 3-D printing sector.
- Despite a big rally off the lows, the stock isn't expensive on valuation multiples.
- The recommendation is to buy Stratasys on any dips as the recent rally is stretched.
After Thursday's rally, Stratasys (NASDAQ:SSYS) is only back to the levels where the stock started the year. In fact, my previous research discussed how the 3-D printer manufacturer was attractive at these similar levels in November though the stock would likely provide a better buying opportunity at the start of this year.
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