I bought shares of 3D Systems, a 3D printer company.
I bought it when the stock price dropped after a sharp rise due to earnings announcements, and it feels good that it's going up again.
I think the US military power has been re-evaluated in this Iran war.
Just as the powerful battleships were defeated by small bombers, the experience of losing expensive strategic assets to drones will drastically change the US defense strategy.
If we have to face Chinese drones, it's not going to be easy.
The United States now needs to prepare for a war of attrition.
Traditional manufacturing takes too long, so they will prepare for a war of attrition centered on 3D printers.
3D Systems is not a 3D printer company specialized in defense, but
I expect that its existing business + defense will turn around the performance and mark the end of the stock's long decline, leading to an increase.
The target price is $25!
