Up by Around 560% Since the Start of 2024, Is This Remarkable AI Stock Still a Buy? | The Motley Fool

Up by Around 560% Since the Start of 2024, Is This Remarkable AI Stock Still a Buy? | The Motley Fool

Few stocks have been on a run like SoundHound AI (SOUN 1.07%) has over the past year. It rose by more than 1,000% at one point during 2024, though it has come down by about 42% from its December peak. Yet with the stock still up by around 560% since 2024 began, many investors may wonder if this artificial intelligence (AI) stock remains a good pick from here.

On the one hand, the adoption of its software seems practically unstoppable, and…

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