Ouster: Another Market Overreaction
Ouster(OUST) Seeking Alpha·2024-08-16 04:39
Just_Super/iStock via Getty Images The Lidar sector is still officially struggling to launch. Ouster, Inc. (NYSE:OUST) has turned into the domestic Lidar leader, but the market silli isit happy with the reported growth rates, despite the company making considerable progress in the last year. My investment thesis remains ultra-Bullish on Ouster following the big dip after mixed Q2 '24 results. finviz Thu OUST DAILY Aug 15 | O 8.01 SMA 20 SMA 50 SMA 200 all Nov Jul Do May Jun 2024 Apr Source: Finviz Lidar Lea ...