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Benzinga
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Jim Cramer: Apollo Is A 'Cheap' Stock, Ouster Is 'Very Expensive'

1. Cramer labeled OUST as an expensive stock, suitable as a spec. 2. Analyst upgraded OUST from Hold to Buy with a $50 price target. 3. Robinhood assets increased significantly, indicating market activity. 4. Powell Industries announced a major production expansion investment. 5. All mentioned stocks, including OUST, saw minor declines recently.

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FAQ

Why Neutral?

Cramer's comments suggest potential but highlight OUST's high valuation risk. Similar scenarios led to mixed previous performances when stocks were tagged as expensive.

How important is it?

The upgrade signals potential upside, but Cramer's caution dampens enthusiasm. Stock price dynamics often respond to analyst ratings but are countered by perceived overvaluation.

Why Short Term?

Upgrades and comments will influence sentiment quickly, but high valuations limit growth. Immediate market reactions often occur post-upgrade announcements.

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