Leading off 2013 are two high-growth stocks, from a technology that has inspired many web puff pieces and banner ads...3D "printing".
3D Systems (DDD) seems the obvious choice to cover the hardware side. The software choice was more interesting - at first I thought of buying Autodesk, but Dassault Systemes is larger in market cap and has better fundamentals. Dassault, however, is thinly traded as an foreign, over-the-counter stock. Finally, I found Ansys (ANSS), slightly smaller than Autodesk but with fundamentals similar to Dassault.
Ansys (ANSS)
Positives:
Good profit and operating margins (25% and 37% respectively).
Positive revenue (14%) and profit (13%) growth.
Negatives:
Mild ROA (7%) and ROE (11%).
Low insider ownership (0.76%).
3D Systems (DDD)
Positives:
Explosive revenue (57%) and earnings (87%) growth.
Positive fundamentals across the board, rare for a quickly-growing company.
Negatives:
Wildly expensive 86 P/E, though forward 37 P/E is slightly better.
Heavily shorted (43%).
Here's my current portfolio. As always, I believe in all of these stocks - until I sell them.
Apple (AAPL) 14.70%
Google (GOOG) 8.42%
Southern Copper (SCCO) 7.28%
Baidu (BIDU) 6.63%
Intuitive Surgical (ISRG) 5.07%
Ace Limited (ACE) 4.49%
American Capital Agency (AGNC) 4.33%
Annaly Capital Management (NLY) 3.69%
Amazon (AMZN) 3.28%
American Software (AMSWA) 2.94%
Tesla Motors (TSLA) 2.88%
Kinder Morgan Energy Partners (KMP) 2.59%
Blackstone (BX) 2.40%
Apache (APA) 2.32%
Prospect Capital (PSEC) 2.29%
McDonald's (MCD) 2.16%
Intel (INTC) 1.93%
Vodafone (VOD) 1.93%
DuPont (DD) 1.80%
Under Armour (UA) 1.75%
BreitBurn Energy Partners (BBEP) 1.67%
3D Systems (DDD) 1.57%
China Mobile (CHL) 1.56%
Ansys (ANSS) 1.52%
ConocoPhillips (COP) 1.52%
F5 Networks (FFIV) 1.48%
International Business Machines (IBM) 1.48%
Computer Programs and Systems (CPSI) 1.43%
American Express (AXP) 1.36%
Wells Fargo (WFC) 1.28%
Microsoft (MSFT) 1.12%
The Distressed (BEBE, GSOL, LZB, MSI, PCS, RVR) 1.05%
