Is SoundHound AI a Millionaire-Maker Stock? | The Motley Fool

5 days ago · With shares rocketing higher so far this year, SoundHound AI (SOUN 19.71%) demonstrates the millionaire-making potential of stock market investing. A $10,000 investment made at the start of 2024 ...

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Is SoundHound AI A Millionaire-Maker Stock? | The Motley Fool

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Is SoundHound AI A Millionaire-Maker Stock? | The Motley Fool

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Dec 3, 2024 · SoundHound AI has two of the most important factors that give a stock multi-bagger potential: small size (with a market cap of $2.9 billion) and a huge addressable market.

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Is SoundHound AI The Next Millionaire-Maker Tech Stock? - Yahoo …

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Shares in SoundHound AI are up over 80% so far this year, trouncing the major indexes. ... Is SoundHound AI the Next Millionaire-Maker Tech Stock? Adam Spatacco, The Motley Fool . …

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Is SoundHound AI A Millionaire-Maker Stock? - Sharewise

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5 days ago · With shares rocketing higher so far this year, SoundHound AI (NASDAQ: SOUN) demonstrates the millionaire-making potential of stock market investing. A $10,000 investment …

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Is SoundHound AI A Millionaire-Maker Stock? - MSN

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Impressive operational momentum . Arguably, the most important ingredient in a millionaire-maker stock is growth, and SoundHound AI has this in spades. Third-quarter revenue soared 89% …

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Could SoundHound AI Be Your Ticket To Becoming A ... - The …

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1 day ago · Is SoundHound AI (SOUN-1.16%) such a millionaire-making name? Maybe. Maybe. The stock's 300% price spike since late October certainly suggests at least some investors …

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Prediction: 2 Stocks That Will Be Worth More Than SoundHound …

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6 days ago · SoundHound AI's (SOUN-0.93%) stock soared more than 940% over the past 12 ... Is SoundHound AI a Millionaire-Maker Stock? ... Invest better with The Motley Fool. Get stock …

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1 Wall Street Analyst Thinks SoundHound AI Stock Is ... - The …

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3 days ago · SoundHound AI (SOUN 19.71%) stock has more than quadrupled over just the last three months. Shares of the maker of voice recognition artificial intelligence (AI) technology …

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FAQs about Is SoundHound AI a Millionaire-Maker Stock? | The Motley Fool Coupon?

Is SoundHound AI a Millionaire-Maker stock?

Arguably, the most important ingredient in a millionaire-maker stock is growth, and SoundHound AI has this in spades. Third-quarter revenue soared 89% year over year to $25.1 million as the company added new clients in the restaurant, healthcare, and finance industries. Acquisitions seem to be a big part of management's expansion strategy. ...

Can SoundHound make you a millionaire?

For either of these two stocks to make you a millionaire by itself would require significant growth (although SoundHound would be more feasible). Let's start with an initial investment of $10,000. That would require each stock to rise by 100 times in value. If Palantir did that, it would be worth $15.9 trillion. ...

Is SoundHound AI a buy?

Is SoundHound AI still a buy? SoundHound AI has two of the most important factors that give a stock multi-bagger potential: small size (with a market cap of $2.9 billion) and a huge addressable market. That said, the company's shares have already tripled this year, giving it a price-to-sales (P/S) multiple of 42. ...

Is SoundHound AI a million-dollar opportunity?

Although the stock has retreated from its peak levels, it's still up over 80% year to date. When you compare that to the 3% return of the Nasdaq Composite, you might be wondering if SoundHound AI can be a million-dollar opportunity. The market for voice-recognition technology could reach $50 billion by 2029, according to Statista. ...

Is SoundHound AI a multi-bagger stock?

SoundHound AI has two of the most important factors that give a stock multi-bagger potential: small size (with a market cap of $2.9 billion) and a huge addressable market. That said, the company's shares have already tripled this year, giving it a price-to-sales (P/S) multiple of 42. That's 13 times the S&P 500 average of 3.15. ...

Why are SoundHound AI shares soaring?

SoundHound AI's shares are soaring as investors become more confident in its ability to tackle the market for audio-based AI. The company's high-profile backers are a vote of confidence. A tiny company in a fast-growing industry is a recipe for millionaire-making potential. ...