3D printing stocks were great momentum plays in 2013, as trend
followers chased them higher and higher. As we entered 2014, though, the
herd jumped ship, and the stocks have taken a serious beating.
In many respects, the ugliness in 3D printing stocks is similar to
the price action in other former momentum darlings like social media
stocks and biotechs. This is to be expected in the late stages of a
cyclical bull market, where small- and mid-cap stocks, as well as some
of the more volatile momentum names, begin to lag large-cap stocks. (more)
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