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The Best AI Stock to Buy: SoundHound AI Stock or Luminar Stock?

These innovative artificial intelligence companies are experiencing exponential growth as the market for their products expands.

By Parkev Tatevosian, CFA – May 23, 2024 at 4:13AM EST

Fool.com contributor Parkev Tatevosian compares SoundHound AI (SOUN 2.24%) with Luminar Technologies (LAZR 4.71%) to determine the better AI stock to buy today.

*Stock prices used were the afternoon prices of May 20, 2024. The video was published on May 22, 2024.

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About the Author

Parkev Tatevosian, CFA
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.
TMFParkev
X@TMFParkev

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.

Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

Stocks Mentioned

SoundHound AI Stock Quote
SoundHound AI
NASDAQ: SOUN
$8.09
(-2.24%)-$0.19
Luminar Technologies Stock Quote
Luminar Technologies
OTC: LAZRQ
$0.05
(-4.71%)-$0.00

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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