Is SoundHound AI Stock the Best Buy Now After the Market Correction?
While the stock market has risen out of correction territory, plenty of stocks are much lower than just a few months ago. One of those is SoundHound AI (NASDAQ: SOUN), which is still down around 60% from its December highs. With the stock that low, many investors might wonder if this is a prime buying opportunity. If the stock returned to its all-time high, it could provide massive returns.While SoundHound AI has been in the public market for a few years, it came into the spotlight when it was revealed that Nvidia owned shares of the stock. This caused the stock price to increase, as they wanted to own shares in a company that an AI leader thought was worth investing in.Continue reading
While the stock market has risen out of correction territory, plenty of stocks are much lower than just a few months ago. One of those is SoundHound AI (NASDAQ: SOUN), which is still down around 60% from its December highs.
With the stock that low, many investors might wonder if this is a prime buying opportunity. If the stock returned to its all-time high, it could provide massive returns.
While SoundHound AI has been in the public market for a few years, it came into the spotlight when it was revealed that Nvidia owned shares of the stock. This caused the stock price to increase, as they wanted to own shares in a company that an AI leader thought was worth investing in.
