Angel Publishing’s Jason Williams is promoting a report entitled, Tiny AI Stock with 5,300% Upside. The company in question is Soundhound AI (SOUN), which has garnered some attention as a company that uses voice-activated technology through its Houndify voice assistant platform. While Soundhound has been partnering with various companies to integrate its technology, including Netflix, Mercedes-Benz, and Samsung, the company is still relatively unknown and has yet to prove its business model is scalable. The stock is a $700 million company, up from below $400 million in late March.
The report also includes two other small companies that Williams believes will replace the FAANG stocks. One is the Toronto-based company, Energy Vault Holdings (NRGV), also known as the Newton Battery. The company uses towers and weights to store electricity and has been noted for its impressive partnerships, but its revenue has yet to scale with its impressive collaborations. The second company has developed a new way of processing food waste. They convert food waste into various viable energy sources and could be a revolutionary solution to the anticipated doubling of food waste output by 2025. Susglobal Energy (SNRG) is the little-known $44 million company that has never produced a substantial amount of revenue, but its recent acquisition of a 40,000-square-foot facility could change that.
While there is potential for these companies, they remain risky investments, according to the report. Soundhound AI, Energy Vault Holdings, and Susglobal Energy are all relatively unknown and have yet to prove their business models are scalable.
