Ouster Inc. (OUST) Soars on 13% on 4th Day. Here's Why

We recently published 10 Stocks Stole the Show, 5 Hit Historic Highs. Ouster Inc. (NASDAQ:OUST) is one of the best performers on Thursday..

Ouster rallied for a fourth straight day on Thursday, jumping by another 13.43 percent to close at $34.72 apiece as investors continued to load positions after inking a partnership with Constellis to advance security operations technologies through AI.

In a statement earlier this week, Ouster Inc. (NASDAQ:OUST) said it will create with Constellis a unified security solution combining the latter’s AI-driven sensor fusion platform called Lexso with Ouster’s Gemini and lidar.

Meanwhile, Gemini will serve as the brain behind Lexso, leveraging Ouster Inc.’s (NASDAQ:OUST) proprietary AI software to process 3D digital lidar data for real-time analytics, threat classification, and automated response protocols to bring Physical AI to advanced security operations.

“Constellis’ deep operational expertise, network, and reputation make them an invaluable partner in deploying Ouster Gemini for critical and large-scale security operations,” said Ouster Inc. (NASDAQ:OUST) CEO Angus Pacala.

“Our deployment with Lexso underscores how lidar-powered AI can transform situational awareness and decision-making for the most demanding security environments,” he added.

While we acknowledge the potential of OUST as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.