Was Jim Cramer Right About SoundHound AI, Inc. (SOUN)?

We recently published a list of Was Jim Cramer Right About These 11 Stocks? In this article, we are going to take a look at where SoundHound AI, Inc. (NASDAQ:SOUN) stands against other stocks that Jim Cramer discusses.

In that older episode, a caller asked about SoundHound AI, Inc. (NASDAQ:SOUN), which had received an investment from Nvidia back then but had failed to gain momentum since. Cramer downplayed the hype, saying:

“SoundHound — it comes over constantly in what we call the crawl, and it’s just because Nvidia put the money in. It has not meant anything. I am not going to start making a mountain out of this particular molehill.”

Cramer dismissed this one but it rallied hard with a 91.98% gain. SoundHound AI, Inc. (NASDAQ:SOUN) powers voice assistants and conversational AI across automotive, hospitality, and IoT sectors using proprietary speech recognition.

A software engineer focused on a computer screen, writing code to create a conversational assistant.

Cramer is clear that he doesn’t like stocks that don’t make money. Here’s what he said when asked about the stock on May 19:

“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?”

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