Forget Nvidia: Here Is My Top Artificial Intelligence (AI) Stock to Buy Instead [Yahoo! Finance]
SoundHound AI, Inc. (SOUN)
Company Research
Source: Yahoo! Finance
The company has a dominant market share with the GPUs that power the AI industry. And if the AI market takes off as much as expected over the long term, it's hard not to see Nvidia as a major winner. But there's a problem: Nvidia's market cap is already approaching $3 trillion. There may be plenty of growth ahead, but the company is unlikely to sustain the pace it's seen in recent years. After all, it will be significantly more difficult for Nvidia to double its annual revenue at $96 billion than it was a year ago at $45 billion. If you want to maximize your growth potential when betting on AI, you'll have to look at smaller competitors. Fortunately, there's a much smaller company to consider, one that Nvidia actually invested nearly $4 million of its own funds into in the past year. This is your chance to follow Nvidia's lead. This AI stock has sizable upside With a market cap of just $1.8 billion as of this writing, it's not hard to see significant upside potential in SoundH
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SOUN
News
- Here's How the Fed's Big Rate Cut Could Affect These 2 Artificial Intelligence (AI) Stocks [Yahoo! Finance]Yahoo! Finance
- SoundHound AI, Inc. (SOUN) Laps the Stock Market: Here's Why [Yahoo! Finance]Yahoo! Finance
- SoundHound AI, Inc. (NASDAQ: SOUN) had its "outperform" rating re-affirmed by analysts at Wedbush. They now have a $9.00 price target on the stock.MarketBeat
- Is SoundHound AI Inc. (SOUN) the Worst AI Stock to Buy? [Yahoo! Finance]Yahoo! Finance
- SoundHound AI Inc (SOUN)'s AI Revolution: Why Are Short Sellers Betting Against This Innovator? [Yahoo! Finance]Yahoo! Finance
SOUN
Earnings
- 8/8/24 - Beat
SOUN
Sec Filings
- 9/24/24 - Form 4
- 9/24/24 - Form 4
- 9/24/24 - Form 4
- SOUN's page on the SEC website