Jim Cramer on Cerence (CRNC): “I Think You’ve Got a Winner”

We recently published a list of Jim Cramer Talked About These 16 Stocks Recently. In this article, we are going to take a look at where Cerence Inc. (NASDAQ:CRNC) stands against other stocks that Jim Cramer discussed recently.

A caller asked for Cramer’s perspective on Cerence Inc. (NASDAQ:CRNC), and he replied:

“I like Cerence, and I also happen to like Brian Krzanich, the CEO. I am partial. They make money. I think you’ve got a winner. I was actually trying to figure out whether I could justify doing a piece on it because it’s not that expensive. Cerence is a winner, and Brian’s always welcome on the show, as we know.”

Cerence (NASDAQ:CRNC) provides AI-based virtual assistants and conversational tools that include speech recognition, natural language processing, and text-to-speech technology. The company also delivers edge software, cloud-based features, and professional support for the mobility and transportation industry. It is worth noting that earlier in February, Cramer was also bullish on the company as he said:

A man with an AI powered virtual assistant, demonstrating the coexistence of the two.

“Now, Cerence actually has some game. They had that good partnership. Let’s go with Cerence. You know why? I’ll tell you why. Because it’s down huge from $27 down to $12. I think you got a real interesting level. Let’s pull the trigger.”

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Disclosure: None. This article is originally published at Insider Monkey.