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Luminar Technologies: Full Speed Ahead

  • Luminar Technologies is trading at all-time lows, but has a strong lineup and large contracts with auto manufacturers set to ramp in 2024.
  • The company showcased its Lidar technology at CES 2024, featuring in various exhibits and debuting new features.
  • The stock has a market cap of a fraction of the order book, forecast to have already topped $4.4 billion.

Luminar Technologies (NASDAQ:LAZR) is trading at the all-time lows, but the company recently highlighted a strong lineup at CES 2024. The Lidar company has several large contracts in place with large auto manufacturers, set to ramp in 2024. My investment thesis is ultra Bullish on the stock, with investors abandoning ship while the prospects are the most positive.

Read the full article on Seeking Alpha. 

Disclosure: No position mentioned. Please review the disclaimer page for more details. 


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