1 Lesser-Known Artificial Intelligence (AI) Stock to Jump On Now
When it comes to artificial intelligence (AI), companies such as Microsoft, , and Amazon may come to mind first. However, there are plenty of under-the-radar AI opportunities floating around. One such company is SoundHound AI (NASDAQ: SOUN). You may be familiar with the company if you're a music lover. It developed the music recognition app SoundHound as well as a number of other voice-recognition tools.
After going public through a special purpose acquisition company (SPAC) in 2022, the stock has cratered from a high of nearly $15 last May to its current price of $1.70. With the stock trading at such deflated levels, some investors may view it as too big a risk.
However, a closer look leads me to believe that SoundHound has some pretty lucrative growth prospects. While there are some inherent risks affiliated with an investment, now could be an opportunity to buy the dip in this misunderstood AI player.
Source Fool.com
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