Smaller AI businesses could surpass the "Magnificent Seven" over the next few years.
The "Magnificent Seven" is a group of stocks assembled by CNBC's Jim Cramer that captures the most important big tech companies. It's made up of:
Nvidia
Microsoft
Apple
Alphabet
Amazon
Meta Platforms
Tesla
An investment in this group over the past five years would have yielded massive returns, but now the question is, can they do it moving forward?
While there is still plenty of juice to squeeze from the artificial intelligence (AI) infrastructure buildout trends, I think there are a few compelling investment options investors should consider in addition to the Magnificent Seven.
One company that many investors think could do well over the next few years is SoundHound AI ( SOUN -1.38% )