Hedgeye CEO Keith McCullough is adding CLA/Ouster to the long side of Investing Ideas. Below is a brief note.
Looking for a new SPAC idea by Industrials analyst Jay Van Sciver? Ouster (Colonnade Acquisition Corp) was just added to his Industrials Pro product with a full Institutional Subscriber presentation today...
Here's an excerpt from the intro to the Long Ouster (CLA) thesis:
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Please join us for a call reviewing the CLA SPAC long thesis today: Growth in Advanced Driver-Assistance Systems (ADAS), robotics, automation, and other key markets is likely to result in rapid growth in cheaper 3D mapping sensors. The race is on for more efficient solutions that would push more sophisticated sensing technologies into the ‘standard equipment’ categories for automotive, defense, heavy equipment, and factory applications. Ouster is a well-regarded technological leader in the LIDAR space. A simplified architecture and increasing volume should allow Ouster to lower unit costs by up to 90% in the next half decade. The company is winning placement in heavy equipment, typically wins that come with years of follow-on orders. |
Just like Jay's MP and EOSE Longs, buy what the crowd isn't yet long,
KM
