5 Best Lidar Stocks To Buy Now

4. FARO Technologies, Inc. (NASDAQ:FARO)

Number of Hedge Fund Holders: 21

FARO Technologies, Inc. (NASDAQ:FARO) is a prominent multinational corporation (MNC) that focuses on the development and production of cutting-edge three-dimensional (3D) measurement, imaging, and realization solutions. Among its renowned product offerings are a diverse range of LiDAR products, including scanners, laser projectors, trackers, imagers, and geospatial devices.

Among the hedge funds being tracked by Insider Monkey, David Paradice’s Paradice Investment Management is a leading shareholder in FARO Technologies, Inc. (NASDAQ:FARO), with 779,580 shares worth more than $12.6 million.

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