Jim Cramer on SoundHound AI: “I Would be a Little Careful”

SoundHound AI, Inc. (NASDAQ:SOUN) is one of the stocks that Jim Cramer looked at. Answering a caller’s query about the company, Cramer said:

“SoundHound, okay. So SoundHound is one of those stocks that has to be eviscerated over the next couple of days because it’s part of the evisceration crowd. I mean, one of the things that’s happening here is we’re in a rotation, selling all these stocks and… buying a stock in Campbell Soup. Now that is not necessarily my kind of rotation, but it is one that is going on. And I have to say, I would be a little careful, SoundHound.”

SoundHound AI (NASDAQ:SOUN) develops voice AI solutions that power conversational experiences across industries using platforms like Houndify and SoundHound Chat AI. The company provides tools for custom voice assistants, real-time data integration, and advanced speech recognition technologies. During a May episode, when a caller inquired about the stock, Cramer replied:

“SoundHound, I gotta look at Professor Ben Stoto, the scientist. He and I often coagulate about SoundHound, there’s a new way to use a bad verb, and it’s not true. Here’s the deal, I think SoundHound is really, it’s not a thing of imagination. They could end up making money, but enough, enough with the SoundHound. Hey, look, I tolerate Palantir. How much can you ask from one person?”

While we acknowledge the risk and potential of SOUN as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than SOUN and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.