Should You Forget SoundHound AI and Buy 2 Tech Stocks Instead?

Advanced voice controls may be the future of many different industries, from home electronics and in-car systems to call centers and healthcare. Leading technology developer SoundHound AI (NASDAQ: SOUN) clearly has a bright future ahead of it.At the same time, SoundHound AI has been a meme stock recently. The stock price is inflated by a small group of enthusiastic investors, organized in social media channels and hoping to unlock profits from a huge short squeeze. As much as I love SoundHound AI's long-term business prospects, the stock is incredibly overvalued right now, and I won't be a buyer until that situation is corrected.Game-changing business news could do the trick, as could a sharp price correction. Until further notice, I'd take this stock seriously again at mid-single-digit prices, down from $15.60 per share on Jan. 21.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool