SOUN - 1 Small-Cap Artificial Intelligence (AI) Stock That Could Be a Monster Winner
2024-05-26 06:45:00 ET
Many investors seek small-cap stocks with the potential to dominate their niche, as their small size prevents them from being significantly owned by large firms. Additionally, because of their small size, investors will massively benefit if they see significant growth becasue they started from a small starting point.
Combine small-cap potential with an explosive industry like artificial intelligence (AI), and you have a recipe for an investment that could be unbelievably profitable. One fairly popular AI stock is SoundHound AI (NASDAQ: SOUN) . At a recent $1.8 billion valuation, it's slightly below the historical "small cap" threshold of $2 billion.
However, one advantage of investing in small caps is that the stocks are relatively unknown. SoundHound is already pretty popular, but does that leave room for upside?
For further details see:
1 Small-Cap Artificial Intelligence (AI) Stock That Could Be a Monster Winner