Could Buying SoundHound AI After the Stock's 55% Decline Make You a Millionaire?
Investors are trying to gauge whether the stock's sudden decline is a buying opportunity or a sign of what's to come.
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There's no free lunch in the stock market. Life-changing investments almost always involve volatility. That's simply the cost of admission when investing in high-risk, high-reward stocks.
SoundHound AI (NASDAQ: SOUN) has gained 150% over the past year, yet it is down approximately 55% from its all-time high in December.
Unfortunately, not every stock goes up forever. The tricky part of finding millionaire-making stocks is determining which companies have the fundamental business strength to rebound and make new highs. Investors today find themselves in this situation with SoundHound AI.