Jim Cramer on SoundHound: “I Just Think It’s a $4 Stock Masquerading as a $7 Stock”

SoundHound AI, Inc. (NASDAQ:SOUN) was among the stocks Jim Cramer discussed as he said that the Iran peace negotiations could trigger an oil glut, cool inflation, and pull interest rates down. During the lightning round, when a caller said that they have been looking at the company, Cramer commented:

Yeah, that’s, I call that AI-light. I’ve gotta tell you, this thing is just, ever since they, you know, what happened was NVIDIA took a little position one time and got, it’s a meme stock. Hey, take a look at how the meme guys did with their SpaceX. They bought it at like 220… I don’t want to be in SoundHound. I just think it’s a $4 stock masquerading as a $7 stock.

Photo by AlphaTradeZone

SoundHound AI, Inc. (NASDAQ:SOUN) develops voice AI technologies that enable businesses to create conversational and intelligent voice experiences. Furthermore, a caller asked about the stock during the April 23 episode, and Cramer responded, “No, no, no, we don’t want to be in… We cannot be in SoundHound. We’re better than that.”

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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