Jim Cramer on SoundHound: “It’s Gotta Make Money Before I Can Get Seriously Behind It”

SoundHound AI, Inc. (NASDAQ:SOUN) is one of the stocks Jim Cramer shed light on. During the lightning round, a caller asked about the stock, and here’s what Mad Money’s host had to say:

“Alright, now, it’s a pure spec. I like the fact that it’s come back down from its high, but you need to know it does not make money. It’s gotta make money before I can get seriously behind it.”

Pixabay/Public Domain

SoundHound AI, Inc. (NASDAQ:SOUN) develops voice AI technologies that enable businesses to create conversational and intelligent voice experiences. Answering a caller’s query about the stock during the October 8 episode, Cramer remarked:

“Yeah, you see, SoundHound is a company that got, what happened is it got NVIDIA’s endorsement, and ever since then it’s been on fire. I say this, I say, it’s up a great deal. It’s not making money. I would take a little bit off tomorrow and then let the rest run.”

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