How High Can Penny Stock SoundHound AI Rise?

While the mega-cap tech stocks have gotten most of the attention this year due to the artificial intelligence (AI) boom, many smaller tech players have the potential to get much bigger as the AI era progresses. 

Penny stocks might not appear to be the most appealing investment. However, it's worth pointing out that many of today's most successful mega-cap stocks began as penny stocks. In this sense, penny stocks are mostly growth stocks that have a lot of room to run. That said, it is also critical to carefully select a penny stock after thoroughly researching its fundamentals, the industry it operates in, and its growth strategies to gain value over the long term.