Buy, Sell, or Hold? Jim Cramer’s Latest 11 Stock Calls

7. SoundHound AI, Inc. (NASDAQ:SOUN)

SoundHound AI, Inc. (NASDAQ:SOUN) is featured in Mad Money’s latest recap as Jim Cramer shared his buy, sell, or hold verdict. A caller inquired about the stock and noted that, while it has been getting “annihilated,” it has been up recently. Cramer replied:

Well, look, I have to tell you, the stock only got to where it was because NVIDIA, for a moment, had a cup of coffee with that stock. And I’ve gotta tell you, I have always felt that it’s just a continual money loser, and we don’t recommend continual money losers on Jim Cramer’s Mad Money.

SoundHound AI, Inc. (NASDAQ:SOUN) develops voice AI technologies that enable businesses to create conversational and intelligent voice experiences. A caller sought Cramer’s advice on the stock during the March 11 episode, and he replied:

I’ve been watching this thing go south. You know, everyone got all excited because Jensen had a position in this. It’s kind of like that Recursion. But you know he, I don’t see him as a big shareholder anymore. And I’ve gotta tell you, this is one of those companies that is a meme stock, and meme stocks that are losing money are ixnayed.