Jim Cramer on SoundHound: "I Would Take a Little Bit off Tomorrow"

SoundHound AI, Inc. (NASDAQ:SOUN) is one of the stocks Jim Cramer recently offered insights on. When a caller asked about the stock, Cramer replied:

“Yeah, you see, SoundHound is a company that got, what happened is it got NVIDIA’s endorsement, and ever since then it’s been on fire. I say this, I say, it’s up a great deal. It’s not making money. I would take a little bit off tomorrow and then let the rest run.”

SoundHound AI, Inc. (NASDAQ:SOUN) provides voice artificial intelligence solutions that enable businesses to create conversational interfaces. The company’s technologies power real-time voice assistants, customer service tools, and smart device integrations. During the September 18 episode, a caller inquired about the stock, and Cramer replied:

“SoundHound, it’s a meme stock. You know, I don’t, I just am not into the meme, I mean, I’m willing to talk about the meme stocks forever, research the meme stocks forever, but own the meme stocks forever? No.”

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Disclosure: None. This article is originally published at Insider Monkey.