Who doesn't want to be a millionaire? What if you could buy the ideal stock which will pave your way to becoming a millionaire? After looking through the US stock market, experts have picked these 2 stocks:
The first choice is Palantir (PLTR), which has a market cap of $200 billion. Here's the thing: The market cap would need to reach $20 trillion in order to turn a $10K investment into $1 million.
Many will see that a market cap of $20 trillion is not achievable in the next 20 to 30 years. But, here's the thing... No one was expecting any stock to cross the trillion dollar market cap.
Today, there are many companies which already have a market cap in the trillion dollar category. So, there's no reason why Palantir (PLTR) can't do the same during the next 20-30 years.
One of the strongest points of Palantir (PLTR) is its technology platform. These days, most companies are trying to create AI agents or AI models. However, Palantir (PLTR) is trying to make an AI operating system.
The 2nd stock on our list is SoundHound AI (SOUN) which is an AI voice platform. They offer a speech-to-meaning solution, which is helpful in providing a better experience. It is also helpful to understand the user's intent.
SoundHound AI earns money by licensing its products and also receives royalties. The company has already made some good headway in the automobile sector. The tech from SoundHound AI is already used to improve the voice assistants in cars.
The company's tech is now also used in the restaurant sector to better understand the user's intent. If you think about it, the potential for the SoundHound AI technology is massive.
Just like Palantir, the SoundHound AI is also a good stock to buy while it is still in its early stages.