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Stretched Valuations Remove Shine From 3D Printers
Long Investing Ideas from Seeking Alpha
Tue, 19 Feb 2013
By Morningstar : By Daniel Holland Since mid-December, many 3D printer stocks have been on a tear, with 3D Systems ( DDD ) up 30% and Stratasys ( SSYS ) up by as much as 26% before falling in the last few weeks. Still, both companies are pricing significantly ahead of our fair value estimates. ...
The Dow is at all-time high levels, but Morningstar's Mike Holt says buying opportunities still exist across all sectors and emphasizes the importance of individual stock selection.
Recent Morningstar research shows that while some buys exist across the equity fund universe, many areas, such as dividend-paying stocks , are close to fully valued.