3 Breakout Stocks for 2025
Nearly every investor has a goal of finding the next Nvidia or Palantir for 2025. They want to find the next stock primed for a breakout and capitalize on it throughout the year. If you're looking for ideas, I've got three that top the list of potential breakout candidates for 2025.
SoundHound AI (NASDAQ: SOUN) may be familiar to some investors, as its stock has risen over 400% this year. However, 2025 is shaping up to be a huge year for this artificial intelligence (AI) player.
Management expects 2025 revenue to be between $155 million and $175 million. Considering that 2024 revenue is projected to end up between $82 million and $85 million, this indicates revenue should double. Furthermore, the company expects to achieve adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) profitability by the end of 2025. Now, that's not true profitability, as it subtracts out a lot of important expenses like taxes and stocked-based compensation, but it is an important milestone for a tech company reaching scale.
Source Fool.com
