Up $0.10 or 0.47% with NASDAQ down 32.07 or 0.55%. Reported Profit of $0.09 for 4Q 2016 vs. an estimated consensus loss of $0.06, reported by Zacks.
Also, Bill George on CNBC this morning, board member of Goldman Sachs, cited 3D printing as a sector to be in.
SSYS Current Ratio: 3.36
Also DDD or 3D Systems, in the same sector as SSYS, up $0.12 or 0.84% on a down day. Could be a dead cat bounce. Caution: SSYS has a broader product line. That’s why this author of TheShort.Top is biased towards SSYS.
Companies utilizing 3D technology: LMT, BA, F, MMM. REITERATE BUY on LMT, up $0.58 or 0.22% in a down market and is the 300 pound gorilla of the DEFENSE SECTOR.
According to CNBC commentator, SSDs (Solid State Drives) are my favorite. 3rd tier brokerage put out buy on STX. Reiterate SPECULATIVE SHORT ON STX AND WDC (J.P. Morgan upgrades WDC – LAST TO THE PARTY IF YOU CHECK 1 YEAR CHART).
Reiterate BUY on SSDs manufacturers: INTC, TXN and AMD (Recommended by Christopher Rolland on CNBC and Sr. Analyst at Susquehanna and Virtual Reality Acquisition as reported by BizJournals), UP $0.02 OR 0.15% in a DOWN MARKET. AMDs Short interest at RECORD HIGH of 114,911,888 as of 3/15/17, 1.41 Days to Cover.
CAVEAT TO GOING LONG: ACCORDING TO EXPERIENCED WALL STREET ECONOMIST, LAWRENCE KUDLOW AND CNBC COMMENTATOR, “CONFIDENCE IN FOREIGN AFFAIRS LEADS TO CONFIDENCE AT HOME.” This author believes in these 3 Hedges. Trump says, “Dollar Too Strong“.
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