Better Artificial Intelligence Stock: SoundHound AI vs. Cerence AI
SoundHound AI (NASDAQ: SOUN) might not be a household name, but it has been one of the best-performing stocks since artificial intelligence (AI) became the hot phrase in the market around the end of 2022.SoundHound, which specializes in voice-activated technology and works with restaurants and automakers, has seen its stock price jump 429% since the start of 2023, even after a recent pullback. At a market cap of $4 billion, the company is essentially still a small-cap stock with plenty of room for future growth. Investors considering buying shares of SoundHound might also be interested in Cerence (NASDAQ: CRNC), a competitor that is even smaller with a market cap of around $400 million.So, which of these two voice AI stocks is the better buy today? Let's take a look at how the two companies stack up against each other.Continue reading
SoundHound AI (NASDAQ: SOUN) might not be a household name, but it has been one of the best-performing stocks since artificial intelligence (AI) became the hot phrase in the market around the end of 2022.
SoundHound, which specializes in voice-activated technology and works with restaurants and automakers, has seen its stock price jump 429% since the start of 2023, even after a recent pullback. At a market cap of $4 billion, the company is essentially still a small-cap stock with plenty of room for future growth. Investors considering buying shares of SoundHound might also be interested in Cerence (NASDAQ: CRNC), a competitor that is even smaller with a market cap of around $400 million.
So, which of these two voice AI stocks is the better buy today? Let's take a look at how the two companies stack up against each other.
