SoundHound AI, Inc. (NASDAQ:SOUN) was among the stocks Jim Cramer discussed as he said that the Iran peace negotiations could trigger an oil glut, cool inflation, and pull interest rates down. During the lightning round, when a caller said that they have been looking at the company, Cramer commented:
Yeah, that’s, I call that AI-light. I’ve gotta tell you, this thing is just, ever since they, you know, what happened was NVIDIA took a little position one time and got, it’s a meme stock. Hey, take a look at how the meme guys did with their SpaceX. They bought it at like 220… I don’t want to be in SoundHound. I just think it’s a $4 stock masquerading as a $7 stock.
Photo by AlphaTradeZone
SoundHound AI, Inc. (NASDAQ:SOUN) develops voice AI technologies that enable businesses to create conversational and intelligent voice experiences. Furthermore, a caller asked about the stock during the April 23 episode, and Cramer responded, “No, no, no, we don’t want to be in… We cannot be in SoundHound. We’re better than that.”
While we acknowledge the potential of SOUN as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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