SoundHound AI: Millionaire Potential

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SoundHound AI

The Motley Fool

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Is SoundHound AI a Millionaire-Maker Stock?

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74% Informative

SoundHound AI (NASDAQ: SOUN) has been a top performer as it seeks to pioneer voice-based artificial intelligence (AI) Analysts remain optimistic about the AI industry's long-term potential.

Bloomberg believes the revenue opportunity could grow at a compound annual growth rate of 42% to $1.3 trillion by 2032 .

The company's shares have already tripled this year , giving it a price-to-sales ( P/S ) multiple of 42 .

- Netflix: if you invested $ 1,000 when we doubled down in 2004 , you’d have $ 484,143 !

Right now, we’re issuing “ Double Down ” alerts for three incredible companies, and there may not be another chance like this anytime soon.

Stock Advisor returns as of December 2, 2024 Is SoundHound AI a Millionaire-Maker Stock? was originally published by The Motley Fool .

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