Prediction: SoundHound AI Will Soar Over the Next 7 Years. Here's 1 Reason Why.
SoundHound AI(SOUN) The Motley Fool·2024-08-25 23:31
Is SoundHound AI the next big thing in tech? Check out the secret sauce in this AI expert's recipe for success. There is one very simple reason I expect SoundHound AI (SOUN 2.03%) stock to beat the market over the next seven years. The company has a huge backlog of long-term contracts and other unfilled orders, just waiting to convert into cash-based revenues. Market makers seem to have missed this as-yet untapped source of future sales -- and the average contract in SoundHound AI's backlog pool is a seven- ...