STOCKS TO STAY AWAY FROM
-UAL The airline company reported that severe weather caused more than 22,000 flight cancelations. The flight cancelations caused the airline company to lower guidance all across the board. In addition to it’s lowered guidance March Yields have been reduced. These are more an enough reasons to stay away from UAL. ( UAL was down almost 4% during after hours ). Good thing I personally own BOEING .
Big Day For 3D printing !! ( Earnings play )
One of the giants of 3D printing will be set to release earnings report during pre market hours. DDD has already issued warnings about their ER. If you can recall DDD dropped from 80$ to a low of 52$ in a span of 2 hours after DDD issued a profit warning. The news of the profit warning didn’t just effect DDD alone it caused massive drops in VJET, SSYS. Although it was not as drastic, the news had a negative effect on other 3D printing companies ( XONE, ONVO, CAMT,PRLB,XRX). The point that I am making is that when there is bad news about the 3D Printing Giants ( DDD SSYS) it will most likely have an affect on the lower market cap 3D printing stocks. A good thing going for DDD ‘s Is that investors already know about it’s profit warning which is why it’s EPS is simply so low. If DDD can beat their revenue’s estimate (154.9 million) and provide a decent to good guidance, I believe that investors will put the recent wave of bad news to bed with a bright future ahead for the 3 D printing company .
UPDATE DDD EARNINGS REPORT Click here
Penny Plays for Tomorrow – MYRY GMET IPRU