Could This Artificial Intelligence (AI) Stock Be the Next Palantir?

SoundHound AI's (NASDAQ: SOUN) shares surged by nearly 875% in 2024 mainly due to record third-quarter revenue performance and increasing adoption of the company's conversational AI solutions by major brands across industries. The stock also benefited significantly from a bullish report from Wedbush analyst Dan Ives, who raised the company's target price from $10 to $22.Palantir Technologies' (NASDAQ: PLTR) stock posted remarkable gains of almost 385% in 2024, driven by unprecedented demand for its Artificial Intelligence Platform (AIP), strong financial performance, lucrative partnerships, and inclusion in the benchmark S&P 500 index.While SoundHound AI recorded a much stronger share price performance than Palantir, is it a better or even a comparable investment on a risk-adjusted basis? Let's find out.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool