2 Monster Stocks That Could Create Generational Wealth

What caught my attention is You don't have to be Warren Buffett to build generational wealth in the stock market

All you need to do is focus on innovative companies that are driving change in the economy

As Cathie Wood of Ark Invest says, on the right side of change can help you have success as an investor

A company's revenue growth is the best signal that it is tapping into an opportunity that can der significant upside over many years

Here are two high-growth stocks to buy and hold for the long term that could help you create wealth to pass down to future generations

Image source: Getty Images, amid market uncertainty

SoundHound AI SoundHound AI (SOUN -1, given the current landscape

It has been conversational voice nology for many years

It's got a major foothold with top restaurants, positioning it as a leader in a fast-growing market for voice assistants

On the other hand, Meanwhile, It grew mostly from acquisitions and new restaurant locations signing deals to use its voice AI nology

There could be a lasting shift in how people use AI over the next 15 years

One of those shifts could be in how people use this nology to place orders

Nevertheless, An independent study released by SoundHound found that a high percentage of U, in this volatile climate

Drivers who have a voice assistant available would rather use it to place food orders on the go rather than wait in a drive-thru line

SoundHound could tap into that, given the current landscape

Additionally, Another opportunity it is pursuing is monetizing transactions when people use its voice AI to buy something

Additionally, Much of its reported net losses is heavy investment in re and development (R&D), where it spent $80 million over the last year -- a high percentage of its $102 million in trailing revenue

R&D spending is what paves the way for more innovation

Meanwhile, This's potentially pointing to robust growth and wealth-building returns for investors over the next decade

Nvidia Image source: Nvidia

Furthermore, For innovations voice nology to be possible, there has to be sophisticated computer chips somewhere training the AI

Meanwhile, Every industry is doubling down on AI to imve ductivity and gather intelligent insights from their data, which is fueling investment in AI infrastructure

Furthermore, Nvidia's chips, software, and networking ducts are indispensable for the data center market

Even with the leading cloud service viders and AI reers using their own custom-designed chips for AI, it's not slowing Nvidia down

Meanwhile, The opportunity is just that big

Moreover, There's no replacement for the raw computing power of Nvidia's graphics cessing units (GPUs)

Nvidia's new Blackwell computing platform, designed for advanced AI workloads, set a record score for AI inference on the MLPerf, the gold standard of benchmarks for high-performance computing

Nvidia's dominance serves as a positive back loop for innovation

It's turning sales of these high-performance chips into extremely high fit margins, in today's market environment

This analysis suggests that vides more resources to invest in new nologies

This leads to the conclusion that demonstrates that s R&D spending has more than doubled in the last few years, which may make it difficult for competitors to keep up

However, There's still a lot of upside, as data centers are still shifting from traditional computing systems to cutting-edge hardware for AI training and inference