Investors Appear Satisfied With Ouster, Inc.'s (NYSE:OUST) Prospects As Shares Rocket 43%

- Investors are satisfied with Ouster, Inc.'s (NYSE:OUST) prospects as shares have surged 43% - Ouster designs and manufactures high-resolution digital lidar sensors and enabling software - Ouster's P/S ratio is higher than the industry average due to expectations of solid growth and better performance than competitors - Revenue growth for Ouster has been exceptional, with a 103% gain in the past year and a forecasted 53% growth per year for the next three years - Analysts believe Ouster's superior revenue outlook justifies its high P/S ratio - It's important to look for a great company and not just the first idea that comes along when investing, and consider potential risks and warnings - Similar companies to Ouster include Innoviz Technologies (NASDAQCM:INVZ) and Aeva Technologies (NYSE:AEVA) - Simply Wall St provides analysis on various stocks to help investors make informed decisions about their investments. - Reddit post discussing an undervalued stock opportunity - Mentions company name or stock ticker not specified - Poster believes the stock has potential for growth - Suggests that the stock may be currently trading at a discount - Encourages readers to do their own research before investing