NEW BULLISH Plays
Voxeljet AG - VJET - close: 43.25 change: +3.26
Stop Loss: 37.75
Current Gain/Loss: unopened
Entry on December -- at $--.--
Listed on December 03, 2013
Time Frame: 6 to 8 weeks
Average Daily Volume = 4.1 million
New Positions: Yes, see below
Why We Like It:
VJET is in the technology sector. The company is based in Germany. They are involved in the growing 3-D printing industry. Before I go any further I want to warn you that VJET has been a very, very volatile stock. The month of November saw VJET surge from $35 to $70 and back again to $35.
If you are interested in the 3-D printing industry you could also look at stocks like DDD, SSYS, and XONE. These are also volatile stocks but not quite as volatile as VJET. I would consider all of them, including VJET, to be higher-risk, more aggressive trades.
Right now 3-D printing is a hot topic and there is already speculation that these companies could be takeover targets. Of the four listed above, VJET has the smallest market cap at $675 million.
Today's high was $43.85. I am suggesting a trigger to open small bullish positions at $44.00. If triggered we'll use a stop loss at $37.75. Our target is $54.50.
Trigger @ $44.00 *small positions*
Suggested Position: buy VJET stock @ (trigger)