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Promising Automotive Stocks To Watch Now - September 28th

SoundHound AI logo with Computer and Technology background

Key Points

  • SoundHound AI has launched several AI solutions, including the Houndify platform and Smart Answering, enhancing customer interaction across various sectors.
  • Rivian Automotive continues to develop electric vehicles, offering models like the R1T pickup and R1S SUV, appealing to eco-conscious consumers.
  • O'Reilly Automotive is recognized as a key retailer of automotive aftermarket parts and supplies, servicing customers across the U.S., Puerto Rico, and Mexico.
  • Interested in SoundHound AI? Here are five stocks we like better.

SoundHound AI, Rivian Automotive, and O'Reilly Automotive are the three Automotive stocks to watch today, according to MarketBeat's stock screener tool. Automotive stocks are shares of publicly traded companies involved in the design, manufacture, distribution, and servicing of motor vehicles and their components. By owning these stocks, investors gain exposure to cyclical consumer demand, commodity‐price fluctuations, technological shifts such as electrification, and changing regulatory standards on emissions and safety. While they can offer attractive growth when vehicle sales are strong, automotive stocks are often sensitive to economic downturns, supply‐chain disruptions, and trade policies. These companies had the highest dollar trading volume of any Automotive stocks within the last several days.

SoundHound AI (SOUN)

SoundHound AI, Inc. develops independent voice artificial intelligence (AI) solutions that enables businesses across automotive, TV, and IoT, and to customer service industries to deliver high-quality conversational experiences to their customers. Its products include Houndify platform that offers a suite of Houndify tools to help brands build conversational voice assistants, such as Application Programming Interfaces (API) for text and voice queries, support for custom commands, extensive library of content domains, inclusive software development kit platforms, collaboration capabilities, diagnostic tools, and built-in analytics; SoundHound Chat AI that integrates with knowledge domains, pulling real-time data like weather, sports, stocks, flight status, and restaurants; and SoundHound Smart Answering is built to offer customer establishments custom AI-powered voice assistant.

Read Our Latest Research Report on SOUN

Rivian Automotive (RIVN)

Rivian Automotive, Inc., together with its subsidiaries, designs, develops, manufactures, and sells electric vehicles and accessories. The company offers consumer vehicles, including a two-row, five-passenger pickup truck under the R1T brand, a three-row, seven-passenger sport utility vehicle under the R1S name.

Read Our Latest Research Report on RIVN

O'Reilly Automotive (ORLY)

O'Reilly Automotive, Inc., together with its subsidiaries, operates as a retailer and supplier of automotive aftermarket parts, tools, supplies, equipment, and accessories in the United States, Puerto Rico, and Mexico. The company provides new and remanufactured automotive hard parts and maintenance items, such as alternators, batteries, brake system components, belts, chassis parts, driveline parts, engine parts, fuel pumps, hoses, starters, temperature control, water pumps, antifreeze, appearance products, engine additives, filters, fluids, lighting products, and oil and wiper blades; and accessories, including floor mats, seat covers, and truck accessories.

Read Our Latest Research Report on ORLY

Read More

Should You Invest $1,000 in SoundHound AI Right Now?

Before you consider SoundHound AI, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and SoundHound AI wasn't on the list.

While SoundHound AI currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

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