Is SoundHound AI Stock a Buy Now?

The artificial intelligence (AI) sector remains a great area to invest in. The industry is forecast to hit $255 billion in 2025 and grow rapidly to a jaw-dropping $1.7 trillion by 2031. But that doesn't mean all AI stocks are good investments.Take, for example, the curious case of SoundHound AI (NASDAQ: SOUN). Last December, the company's stock reached a 52-week high of $24.98. Yet about a year later, shares have lost more than half their value. This is despite SoundHound reporting record third-quarter revenue of $42 million.Does the fall in share price suggest avoiding the stock? Or perhaps the drop means now is the time to invest in this tech business focused on voice-enabled AI? Let's dive in to find out.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool