Jim Cramer Talked About These 16 Stocks Recently

13. Cerence Inc. (NASDAQ:CRNC)

Number of Hedge Fund Holders: 18

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:

“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.”