It seems like all the stock-picking “gurus” are teasing AI stocks now, and today I stumbled across a presentation by a guy named Ross Givens, who claims to have found a so-called “AI wonder stock” that is apparently “front and center in the AI revolution.”
Givens is pitching a service called Live Action War Room in the teaser, and he never revealed the name of the company because he wants you to join that service for $5 to get the info.
But I looked into the clues he shared in the presentation.
And I think I know what company he’s teasing…
Ross Givens’ “$3 AI Wonder Stock” Revealed
I want to start by saying that this would have to be one of the most hyped-up presentations I’ve come across this year, so I suggest taking it with a grain of salt.
I’ve seen many variations of these pitches over the years (especially in the tech space), and what I’ve found is that it’s super easy to get swept up in the excitement of making big money betting on some “tiny” stock – when the reality is often very different.
Nevertheless, I wanted to know what stock Ross Givens was teasing, and the following are the first set of clues he gave about the company:
“If you want a shot to get FABULOUSLY RICH from the AI war…
“Make sure you grab my No. 1 AI recommendation today.
“No, it’s not these tech giants…
“I’ve uncovered an obscure $3-per share (as of today) company that is about to alter the generative AI landscape for good.
“Founded in 2005 by a Canadian computer scientist…
“It’s moving fast…
“By leveraging 98 registered patents for cutting-edge voice and sound recognition technology… It’s already lined up a slew of major partnerships with Hyundai, Mercedes Benz, Honda, Pandora, Netflix, and many others.
“And recently, I noticed some suspicious buying activity…
“Causing the price to skyrocket by 260% in just 19 days!”Source: https://web.archive.org/web/20230601000630/https://gamemasterinvesting.com/war-room
So, based on those clues, we’re looking for an AI company trading for around $3 a share that was founded in 2005 by a Canadian computer scientist.
According to Givens, the company also has “98 registered patents for cutting-edge voice and sound recognition technology,” has partnerships with a bunch of well-known companies, and has seen a considerable increase in its share price recently.
What else did he say?
Not much, really.
But he did suggest that it’s a small-cap stock and that “the CFO and a prominent board member” bought the company’s stock recently.
“Incredibly, this company is still a minnow in the ocean…
“With a market cap less than 1/1,000th that of Microsoft.”
“Here’s what I’m seeing…
“Two insiders of a tiny $3 AI Wonder company, the CFO and a prominent board member, both bought stock on January 20.
“CRUCIAL: According to my proprietary indicators, these are the first insider buys at the company since it went public.”
What could it be?
I think Ross Givens’ stock pick here is SoundHound AI Inc (SOUN).
This was actually a pretty easy one to solve.
All I did was “Google” AI companies that were founded in 2005 by a Canadian computer scientist, and this is the first company that came up.
Then, I looked at the share price and market cap, which both line up:
Finally, I looked at the company’s customers, which include all the names he mentioned (Hyundai, Mercedes Benz, Honda, Pandora, and Netflix).
I can’t say with 100% certainty that this is his pick, nor can I speculate on whether or not it’s a good investment idea, but SoundHound looks like a match.
What does the company do?
SoundHound is a California-based audio and speech recognition company that, according to Wikipedia, develops speech recognition, natural language understanding, sound recognition, and search technologies.
I found an interesting article on Seeking Alpha about the company that you might find helpful if you want to know more, but that’s the gist of it.
What Is Ross Givens’ Live Action War Room?
The Live Action War Room is the service Ross Givens is pitching in the presentation, and it’s where you can access the report he put together about his pick titled, “The $3 AI Wonder Stock that Could Make You 75X Richer in 2023.”
I’m not a member of this service, but from what I understand, it cost $5 to join and gives you access to trade recommendations from Givens and weekly live “trading sessions.”
Worth noting is that if you join, there will likely be some hefty upsells.
The company behind the service is called Traders Agency, and they sell a slew of higher-priced products/services on the company website.
For example, there’s a service called “War Room” that costs $297, and that may be the “full” version of the $5 service he pitches in the presentation.
There’s also a service called Stealth Trades for $297.
And there are FOUR other services that each cost $3,995 ($15,980 total)!
So, if you do join the $5 service, know that this is likely just the beginning.
Recommended: Go here to see my #1 rated stock advisory of 2023
As a technology, AI is exciting and, over time, probably will have a significant impact on the world as we know it today. But that doesn’t mean you’ll get rich buying AI stocks, especially when every stock picker and their dog is pumping these things up.
I’m not saying it’s necessarily a bad idea to buy AI-related stocks. That’s up to you to decide and well beyond my pay grade to speculate on.
But I wouldn’t recommend rushing into anything without doing your own due diligence because investing is risky, no matter what company you’re looking at.
In any case, at least now you know what Ross Givens’ AI stock pick could be, which may save you having to fork out $5 just to find out, assuming you agree with my research.
Thanks for reading, and all the best!