Jim Cramer Says “No” to SoundHound as It “Doesn’t Make Any Money”

“No, see, SoundHound doesn’t marque immoderate money. It’s 1 of those twelvemonth of magical investing stocks, and that twelvemonth is over.”

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SoundHound AI, Inc. (NASDAQ:SOUN) develops dependable AI technologies that alteration businesses to make conversational and intelligent dependable experiences. Cramer called the banal a “pure spec” erstwhile a caller asked astir it during the October 31 episode. He remarked:

“Alright, now, it’s a axenic spec. I similar the information that it’s travel backmost down from its high, but you request to cognize it does not marque money. It’s gotta marque wealth earlier I tin get earnestly down it.”

In addition, erstwhile a caller asked astir the banal during the October 8 episode, Cramer replied:

“Yeah, you see, SoundHound is simply a institution that got, what happened is it got NVIDIA’s endorsement, and ever since past it’s been connected fire. I accidental this, I say, it’s up a large deal. It’s not making money. I would instrumentality a small spot disconnected time and past fto the remainder run.”

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