The 3D Printing ETF [PRNT] Stock Forecast

PRNT invests in companies involved in 3D printing technologies. Many sectors could incorporate 3D printing on a greater scale in the future, but this prospect is only so graspable while 3D printing still faces several profitability hurdles.

Last year was an interesting one when it comes to space investing. On a down note, total investments in space-related projects and technology declined by $45 billion from 2021, but the 2022 total of $424 billion is still impressive.

3D printing is one of the forefathers of the disruptive technology realm. A result of that status is that it's one of the first to intersect with other industries — a playbook it is arguably mastering.

The PRNT ETF has gained momentum to start the year. 3D Printing technology incorporating artificial intelligence is adding to growth opportunities.

As the the market continues to try and slough off the effects of inflation, there are growth opportunities to explore that could pay dividends in the long-term horizon. One of those is 3D printing, which is experiencing global growth.

As one of the technologies that has the potential to revolutionize not just one or two industries, but whole economic sectors, 3D printing is an area investors should be keeping an eye on. Recent revenue news from quick-turn 3D printing firm Protolabs (PRLB) has seen the firm's stock rise 6.

Disruptive innovation investing may have itself been disrupted by the past year's broad market selloff, but with investors pricing in slower rate hikes from the Fed, markets are turning back to tech.

Finding the right tech exposure is hard these days, with so much concern about rising rates and fear since last year's broad market selloff that hit tech so hard. Innovation keeps moving forward, whether the market environment is turbulent or not.

The world of innovative tech stocks has borne the brunt of a lot of this year's uncertainty, as interest rate hikes have taken their toll.

The ARK Innovation ETF (ARKK) accreted nearly half a billion dollars from investors in September. ARK Invest's flagship fund saw $441 million in net inflows in September, bringing the year-to-date net inflows to $1.4 billion.