Two stocks worth more than Soundhound AI in a year now
Soundhound ai (NASDAQ: soun) So far, he has been one of the big winners of the AI boom.
The stock of voice-activated AI experts rose more than 800% last year, but has cooled a bit since. Investors are betting on a fast-growing company, which started as a music identification app like Shazam, and now offers technology for automakers, restaurants and other businesses to run voice activation systems. Masu.
Soundhound is growing as well, with revenues rising 89% in the third quarter to $25.1 million, but the acquisition spurred that growth.
Inventory trades with a highly valuation with a Price to sales ratio 63. That and the lack of profitability seem to be attributed to most of the profits last year’s profits to AI-related hype, so you can set it up for this year’s pullback.
The next two stocks are likely to be more valuable than Soundhound AI in a year.
GXO Logistics (NYSE: GXO) The world’s largest purely contracted logistics company. It operates nearly 1,000 high-tech warehouses and serves businesses like apple and Nike Make sure your product reaches where it is moving quickly and efficiently and handles returns as needed.
After being spun xpo In 2021, GXO Logistics generally had strong results, but the stock has recently returned sharply after management said that potential management acquisitions were no longer happening.
Currently, the stock price is down by about a third of the traded before the news broke in December, and its market capitalization was just under $5.1 billion as of February 11th. Masu.
However, GXO does not require acquisitions to succeed. In fact, the company has performed its mission to grow through acquisitions and integrated its industry leadership. I bought Clipper Logistics and Wincanton in the UK and PFSWEB in the US
In addition to being disappointed by the lack of acquisitions, stocks may be struggling due to weakness in the broader industrial economy and concerns about tariffs. Nevertheless, the company is still on track to achieve its 2027 goals. This calls for adjusted profits of $12 billion and $1.6 billion, from $8 billion before interest, tax, depreciation and amortization (ebitda). Stocks are trading just three times that number today.
If GXO can continue to advance towards that goal, stocks will look like a good bet to double or even triple by 2027, passing through Soundhounds along the way.
Another fast-growing company with the potential to overtake Soundhound by market capitalization this year Sweet Green (NYSE: SG).