Ouster: Building The Order Book, And Cheap
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The lidar stocks remain under pressure despite the strong long-term potential in the sector as automotive and robotics applications shift towards automation. Ouster (OUST) originally soared to nearly $18 on hype surrounding the lidar SPAC, but the stock has spent time below $10 recently. My investment thesis is far more bullish on the stock as the company lines up customers and moves even closer to commercialization in the next couple of years.
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