SOUN STOCK SOUNDHOUND AI. INVESTORS MUST WATCH!

Shades
25 Mar 202406:41

TLDRThe video discusses SoundHound AI, a company with significant future potential despite current short interest. It highlights the company's increasing revenue year-over-year and the support level at $5 where buyers are expected to step in. The speaker dismisses a negative short report, arguing that it fails to account for the early stages of SoundHound's business and the long-term investment by companies like Nvidia. The video encourages viewers not to be scared by short tactics and to consider buying the dip, anticipating a future rally.

Takeaways

  • 🎵 The video discusses SoundHound AI, a company with significant potential in the AI sector.
  • 📉 There is a presence of short sellers targeting SoundHound AI's stock, aiming to profit from its decline.
  • 🤔 The short report on SoundHound AI is criticized for being biased and containing unfounded negative assumptions.
  • 📈 SoundHound AI's revenue has been increasing steadily, with a notable year-over-year growth of about 50%.
  • 🚀 The company has launched an AI voice assistant integrated with chat GPT for various applications, including in automotive mobiles.
  • 💡 Support for SoundHound AI's stock is anticipated around the $5 level, where buyers are expected to step in.
  • 📊 The video suggests that the stock's current dip could present a buying opportunity for investors.
  • 🔄 The short sellers may eventually have to cover their positions, which could lead to a price rally.
  • 💭 The video presenter expresses skepticism towards the short report's claims, comparing SoundHound AI's growth to starting a new business.
  • 🏢 Nvidia's early investment in SoundHound AI is highlighted as a vote of confidence in the company's future prospects.
  • 📌 The video ends with a call to not be scared by the short report and to recognize the potential in SoundHound AI's stock.

Q & A

  • What is SoundHound AI and why is it significant?

    -SoundHound AI is an artificial intelligence company with potential in the future, specializing in voice recognition and integrated chat GPT technology.

  • What is the issue with the short report on SoundHound AI?

    -The short report on SoundHound AI is perceived as an attempt to manipulate the stock by encouraging fear, suggesting that the company's valuation is difficult to justify and that there is more downside risk than upside.

  • How has SoundHound AI's revenue been trending?

    -SoundHound AI's revenue has been increasing significantly, with an almost 50% annual growth rate, from $21 million to $45 million within a few years.

  • What is the role of Nvidia in SoundHound AI's development?

    -Nvidia invested in SoundHound AI early on, indicating their belief in the company's potential and future capabilities.

  • What is the speaker's perspective on the short report's claims about SoundHound AI's infancy and growth?

    -The speaker dismisses the short report's negative claims, arguing that it's unrealistic to expect immediate growth from a new business and that SoundHound AI has significant potential for the future.

  • What is the expected support level for SoundHound AI's stock price?

    -The speaker expects the strongest area of buyers to step in at around $5, marking it as a potential buy opportunity.

  • What is the speaker's advice for investors regarding SoundHound AI's stock?

    -The speaker advises investors to be patient, wait for the stock price to come down, and buy the dip, anticipating a future rally when short sellers have to buy back their positions.

  • How does the speaker describe the short sellers' position in SoundHound AI's stock?

    -The speaker suggests that short sellers may risk getting squeezed if they hold their position, as they will eventually have to buy back in, potentially causing a rally.

  • What is the potential technical pattern the speaker sees in SoundHound AI's stock chart?

    -The speaker speculates that the stock chart might form a head and shoulders pattern, which could indicate a reversal of the downtrend.

  • What is the overall message the speaker conveys about SoundHound AI's stock?

    -The speaker conveys that despite short sellers' attempts to create fear, SoundHound AI's stock has a lot of potential, and investors should not be scared but rather look for opportunities to invest.

Outlines

00:00

🎵 SoundHound AI: The Future of AI and Market Analysis

This paragraph introduces SoundHound AI, highlighting its potential in the future and addressing the recent short report. It discusses the company's stock performance, insider selling, and the launch of its AI voice assistant integrated with chat GPT for Stantis DS automobiles. The speaker dismisses the short report's negative outlook, emphasizing the company's growth and the strategy of buying the dip, with a focus on the support level at $5 for potential investment opportunities.

05:01

📉 Market Dynamics and the Infant Industry of SoundHound AI

The second paragraph delves into the market dynamics surrounding SoundHound AI's stock, particularly the actions of short sellers and the potential for a buy-back rally. It discusses the technical analysis of the stock, suggesting a head and shoulders pattern and the anticipation of a price bounce at the support level around $5. The speaker remains optimistic about SoundHound AI's prospects, backed by Nvidia's investment, and encourages viewers not to be swayed by short sellers' pessimistic outlook on the company's infancy and growth potential.

Mindmap

Keywords

💡SoundHound AI

SoundHound AI is an artificial intelligence company specializing in voice recognition and natural language processing. In the context of the video, it is discussed as a company with significant potential for future growth, despite current market skepticism from short sellers.

💡Short Sells

Short selling is an investment strategy where investors borrow shares and sell them with the expectation that the price will drop, allowing them to buy back the shares at a lower price and profit from the difference. In the video, short sellers are portrayed as having a negative view of SoundHound AI's stock, hoping to profit from its decline.

💡Financial Report

A financial report provides a comprehensive overview of a company's financial performance, including revenues, expenses, and profits. In the video, the financial report for SoundHound AI is discussed to counter the negative narrative presented by short sellers, showing a consistent year-over-year increase in revenue.

💡Stock Market

The stock market is a platform where shares of publicly traded companies are bought and sold. It is an indicator of economic health and reflects investor sentiment. The video discusses the stock performance of SoundHound AI, particularly focusing on the impact of short sellers on its stock price.

💡Nvidia

Nvidia is a multinational technology company known for its graphics processing units (GPUs) and artificial intelligence research. In the video, Nvidia's early investment in SoundHound AI is highlighted as a vote of confidence in the company's future prospects.

💡Investment

Investment refers to the act of committing money, time, or other resources to a particular venture with the expectation of achieving a profit or other benefits. In the context of the video, investment in SoundHound AI's stock is discussed as a potentially lucrative opportunity, despite current market skepticism.

💡Short Report

A short report is a document typically produced by investors or analysts that outlines a negative view of a company's stock, often with the intent to encourage others to sell their shares, driving down the price. In the video, the short report on SoundHound AI is criticized for its pessimistic outlook and alleged lack of understanding of the company's potential.

💡Support Level

In stock market terminology, a support level is a price level where a stock is expected to find buying interest and bounce back up. It is an area where sellers are less aggressive and buyers become more willing to step in, providing support for the stock price.

💡Head and Shoulders

Head and shoulders is a chart pattern used in technical analysis to predict that a stock or other traded asset's price will decline. It consists of three peaks to a roughly similar level, with the middle peak being the highest, flanked by lower peaks on either side.

💡Rally

A rally in financial markets refers to a situation where the price of a stock or other asset increases sharply over a short period of time, often due to positive news or a change in market sentiment.

💡Infancy

In the context of the video, 'infancy' refers to the early stages of development for a business or industry. It is used to describe SoundHound AI's current position in the market, implying that the company has significant room for growth and improvement as it matures.

Highlights

SoundHound AI is an AI company with a lot of potential in the future.

Short sellers are targeting SoundHound AI stock with the intention to profit from its decline.

There has been some sell-off in SoundHound AI stock, but insiders also sell shares after a significant run-up.

SoundHound AI has launched an integrated chat GPT with its voice assistant for vehicles.

Support for SoundHound AI stock is expected around $5, where buyers are likely to step in.

SoundHound AI's total revenue has been increasing significantly year over year, with an 80% increase in Q3 2023.

Short reports on SoundHound AI are seen as attempts to scare investors, but the company's growth potential is not being considered.

Nvidia's early investment in SoundHound AI suggests a belief in the company's future capabilities.

The infancy of SoundHound's business is being used as a reason for potential downside, but this is seen as a misrepresentation of how businesses grow.

The speaker advises patience and waiting for a dip to buy SoundHound AI stock, anticipating a future rally.

Short sellers may eventually have to buy back their positions, which could cause a rally in the stock price.

The speaker speculates that the stock chart for SoundHound AI may form a head and shoulders pattern.

The speaker encourages viewers not to be scared by the short reports and to recognize SoundHound AI's potential.

SoundHound AI's stock is seen as undervalued by the speaker, despite the challenges mentioned in the short report.

The speaker highlights the importance of not judging the success of a business solely on its initial growth.

The video concludes with a positive outlook on SoundHound AI, emphasizing its potential and the support from investors like Nvidia.

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