Is SoundHound AI Stock a Buy Now?
Artificial intelligence (AI) goes beyond what you type into an app. Using it in the real world means speaking to technology and having it understand and talk back. That's the opportunity in SoundHound AI (NASDAQ: SOUN), which develops voice AI technology.
The company is successfully selling that technology, inking deals that have driven impressive revenue growth. On the other hand, it is tiny compared to its competition, and the stock has been volatile, with a wide 52-week trading range between $1.50 and $10.
Today, SoundHound AI trades toward the low end of this range. So, should investors buy the dip? Or is it destined to get lost in the competition?
Source Fool.com
