Jim Cramer Says “We Cannot Be in SoundHound”

SoundHound AI, Inc. (NASDAQ:SOUN) was among Jim Cramer’s latest stock calls, as he suggested investors balance portfolios with hot and cold stocks. A caller asked about Cramer’s thoughts on the stock, and he said, “No, no, no, we don’t want to be in… We cannot be in SoundHound. We’re better than that.”

Photo by jason briscoe on Unsplash

SoundHound AI, Inc. (NASDAQ:SOUN) develops voice AI technologies that enable businesses to create conversational and intelligent voice experiences. It should be noted that Cramer expressed a bearish sentiment toward the company when a caller inquired about it on April 10, as he commented:

See, I don’t know, still made no… money. And it was, look, there was a bit of time at one point when NVIDIA had a position in, and everyone got all excited about it. And you know, now I just think make some money, and I’ll talk about you, but they ain’t making money. So I’m a no go on that one, partner.

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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