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Stock impact report

Forget SoundHound AI: 3 Tech Stocks to Buy Instead [Yahoo! Finance]

SoundHound AI, Inc. (SOUN) 
Company Research Source: Yahoo! Finance
Hype over its potential has played a significant role in driving the stock prices of many companies connected to the industry higher since last year -- among them, SoundHound AI , an AI company focused on audio technology. I'm not saying that SoundHound AI won't succeed over the long term, but it's carrying a $1 billion market cap and did less than $50 million in revenue last year. Perhaps investors should look for AI companies that are more mature, with higher floors and enough potential to deliver outstanding returns -- companies, for example, like Palantir Technologies (NYSE: PLTR) Nvidia (NASDAQ: NVDA) , and UiPath (NYSE: PATH) 1. Palantir's customer acquisition momentum is picking up steam AI may be a hot buzzword, but it's not an out-of-the-box technology. To make use of it, companies have to develop, train, and implement specific applications. That's where Palantir Technologies has a tremendous opportunity. The software company enables customers to build and deploy custom Show less Read more
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