3 Stocks To Buy Without Wasting Time - Nano Dimension

3-Nano Dimension

With a market capitalization of $2.4 billion, many investors are probably wondering how Nano-Dimension is approaching a share of value, with a revenue of just $3.4 million in 2020. The answer lies in their abstract existence. The company invented the device called DragonFly LDM for the production of 3D printed electronics such as sensors, conductors, antennas and the like. The prices of the company's machines range from $100,000 to $250,000. Do not be afraid of the price tags, as these devices offer a wide range of cost savings. The ability to produce complex geometries saves time and effort for designers, so they can easily print prototypes and correct errors ahead of time. If you have a 3D printer, the time taken to manufacture and assemble individual components is completely eliminated. The company took a temporary hit in sales as the COVID-19 pandemic forced many manufacturers to cut their spending.

However, by 2025, the global 3D Printer market is likely to improve, to around $2.4 billion.

Nano-Dimension has ample cash ($670.9 million) to compensate for $35.7 million in annual operating losses, so the company is expected to make a full and solid recovery. If you have a passion for industrial stocks, Nano-Dimension might be a great bet for you.   3 Stocks To Buy Without Wasting Time - Nano Dimension Source: https://www.fool.com/ You may also be interested :

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