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Is SoundHound AI a Buy Now?

TheMotleyFool

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Is SoundHound AI a Buy Now?Photo, wide shot, wide-angle lens, Telecom equipment supplier, Midday, harsh overhead sunlight, directional sunlightt, photo by Thomas Heaton: https://img.theapi.app/temp/3967c11c-b755-4d39-87d0-acc853384c80.png

SoundHound AI (NASDAQ: SOUN) is an unusual beast. The company is a solid artificial intelligence (AI) expert with fantastic business prospects over the long haul. The stock is a volatile plaything for get-rich-quick speculators on social media and Reddit (NYSE: RDDT) forums. So SoundHound AI's stock gained 78% between the end of October and the closing bell on December 2.

I love the company and expect it to soar for years to come -- but I would not recommend buying it at these extremely lofty prices.

Let me explain.

Source Fool.com

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