QUICK BUY ALERT: SOUNDHOUND (SOUN)

We believe now is a great time to take advantage of the stock market’s volatility. As such, we’ve added another stock to our site portfolio: SoundHound AI (SOUN).

SoundHound AI has a beautiful opportunity over these next several years, where we’ll likely see a resurgence of big tech companies. Many of the companies will need what SoundHound can and does already provide to some blue-chip companies such as Snapchat (SNAP), Mercedes (DMLRY), Vizio (VZIO), and more. The technology we’re talking about is voice-focused AI; think Apple’s (AAPL) Siri. While Apple was more than able to find the resources necessary to fund and create its own voice AI technology, many other companies don’t have those kinds of resources. They would much rather focus on the primary product that they’re offering.

SoundHound, however, will create and implement that technology into these company’s products wherever it’s applicable, allowing said businesses to upgrade their product without actually needing to dedicate all those resources. SoundHound already has its hand in many industries, such as mobile apps in the form of Pandora and Snapchat, drive-throughs by way of White Castle, and even vehicles like Hyundai (HYMTF) and Honda (HMC). They’ve proven that their product works wonderfully, and without a current leader in the AI voice technology industry, they could certainly be on their way to the top. We’re taking a chance on this one, hoping that SoundHound can properly execute growth strategies over the next handful of years.

We've purchased SoundHound AI (SOUN) at $2.04.